U.S. stocks ended the session higher on July 11, 2023, fueled by gains in the Oil & Gas, Financials, and Utilities sectors. The Dow Jones Industrial Average rose by 0.93%, the S&P 500 climbed 0.67%, and the NASDAQ Composite gained 0.55%.
Top performers on the Dow Jones Industrial Average included 3M Company, Salesforce Inc, and Walgreens Boots Alliance Inc. However, Merck & Company Inc, Johnson & Johnson, and Procter & Gamble Company experienced declines.
On the S&P 500, Newell Brands Inc, Activision Blizzard Inc, and Etsy Inc stood out as the top gainers. Conversely, VeriSign Inc, Eli Lilly and Company, and Applied Materials Inc faced losses.
Within the NASDAQ Composite, Painreform Ltd, Eloxx Pharmaceuticals Inc, and Adial Pharmaceuticals Inc witnessed significant increases. On the downside, SunCar Technology Group Inc, Prestige Wealth Inc, and Tattooed Chef Inc recorded declines.
Investor sentiment remained positive as rising stocks outnumbered declining ones on both the New York Stock Exchange and the Nasdaq Stock Exchange. Traders in the Forex market should closely monitor these stock market movements for potential insights and consider their impact on related currency pairs. Staying updated on market developments is crucial for informed trading decisions.