Stock Market Recap – July 3, 2024

Today’s Financial Markets Summary – July 3, 2024

Major Indices Performance

Today, the stock market witnessed mixed results across the major indices. The Dow Jones Industrial Average closed up by 0.5%, bolstered by gains in tech and consumer sectors. The S&P 500 also saw a modest increase of 0.3%, while the NASDAQ Composite edged up by 0.4%, reflecting a relatively stable day for technology stocks​ (SlickCharts)​​ (markets.businessinsider.com)​.

Top Gainers

Dow Jones:

• Salesforce (CRM): Rose 2.00%, closing at $261.33.
• McDonald’s (MCD): Increased by 0.90%, ending at $250.03.
• Disney (DIS): Up 0.68%, reaching $98.66​ (SlickCharts)​.

S&P 500:

• Micron Technology (MU): Climbed 2.32%, finishing at $135.67.
• Broadcom (AVGO): Increased by 3.84%, closing at $1,721.09.
• Freeport-McMoRan (FCX): Up 3.78%, ending at $50.55​ (markets.businessinsider.com)​.

NASDAQ 100:

• ASML Holding (ASML): Rose 2.11%, closing at $1,070.00.
• KLA Corporation (KLAC): Increased by 1.84%, ending at $854.55.
• QUALCOMM (QCOM): Up 1.81%, reaching $203.78​ (markets.businessinsider.com)​.

Top Losers

S&P 500:

• Constellation Brands (STZ): Dropped 3.74%, closing at $249.26.
• Walgreens Boots Alliance (WBA): Decreased by 3.69%, finishing at $11.14.
• Dollar General (DG): Fell 3.11%, ending at $125.45​ (SlickCharts)​.

NASDAQ 100:

• Amazon (AMZN): Decreased by 1.08%, closing at $197.84.
• Moderna (MRNA): Dropped 1.11%, ending at $115.77.
• Vertex Pharmaceuticals (VRTX): Fell 1.12%, closing at $468.47​ (markets.businessinsider.com)​.

Additional Notable Losers:

• Vivakor (VIVK): Plummeted 32.25%, closing at $2.29.
• Gabelli Multi-Media Trust Rights (GGTrw): Decreased by 30.96%, ending at $0.01.
• Conduit Pharmaceuticals (CDT): Fell 26.99%, finishing at $0.64​ (Benzinga)​.

Today’s market movement highlights the resilience of tech stocks amid broader market fluctuations. Investors remain cautious, closely monitoring economic indicators and corporate earnings reports for further direction.