The stock market is showing positive momentum in the ongoing trading session. The S&P 500 is currently up by 18.60 points (+0.42%), trading at 4,428.13. The DJIA has climbed 238.43 points (+0.70%) to reach 34,182.83. The NYSE is also witnessing an upward trend, with a gain of 100.19 points (+0.64%) at 15,849.05. The NASDAQ is up by 38.75 points (+0.28%), currently trading at 13,724.23.
Among the market movers, Mullen Automotive Inc (MULN) has experienced a decrease in its stock price, down by 0.02 (-8.48%) at $0.18. T2 Biosystems Inc (TTOO) also saw a decline, with a change of -0.01 (-5.76%) at $0.15. Conversely, Faraday Future Intelligent Electric Inc (FFIE) demonstrated positive movement, gaining 0.03 (+13.55%) and currently trading at $0.23.
The top gainers in percentage terms include PainReform Ltd (PRFX), which has seen a significant surge of 12.45 (+307.41%) at $16.50. CytoMed Therapeutics Ltd (GDTC) is another notable gainer, up by 4.29 (+122.92%) at $7.78. Eloxx Pharmaceuticals Inc (ELOX) is also showing strong positive movement, with a gain of 4.57 (+116.88%) at $8.48.
On the other hand, some stocks are experiencing losses. Journey Medical Corp (DERM) has witnessed a decrease of 0.72 (-25.39%) at $2.12. Siyata Mobile Inc (SYTA) is down by 0.02 (-24.03%) at $0.06. American Rebel Holdings Inc (AREB) has also declined by 0.61 (-22.19%) at $2.14.
The stock market has exhibited steady performance with average yearly and monthly returns thus far. Despite concerns of a possible recession, investors have remained cautious in their approach to the market. The S&P 500 experienced a slight dip of -0.62% over the week. On a monthly and yearly basis, the index displayed positive growth, with gains of +3.01% and +14.88% respectively. The DJIA also declined by -0.68% over the week, it demonstrated a monthly gain of +0.90% and a solid yearly growth of +9.65%. The NYSE index similarly, it experienced a minor decline of -0.44% over the week, but displayed positive monthly and yearly growth rates of +2.25% and +9.29% respectively. The overall market performance indicates a cautious yet resilient investor sentiment amidst ongoing economic uncertainties.
Please note that these numbers are constantly changing as the market is live. Stay tuned for further updates.
