US close: Stocks remain positive, AMC shares surge
By Josh White
Date: Tuesday 19 Oct 2021
(Sharecast News) - Wall Street stocks closed in the green on Wednesday, with the S&P 500 hovering near its record high following a somewhat muted session the day before.
At the close, the Dow Jones Industrial Average was up 0.07% at 34,600.38, as the S&P 500 and the Nasdaq Composite both added 0.14%, to 4,208.12 and 13,756.33, respectively.
The Dow closed 25.07 points higher on Wednesday, climbing down from some of its earlier gains but extending those recorded in the previous session, after traders returned from an extended break for the Memorial Day long weekend.
On the macro front, mortgage applications fell 4.0% across the US in the week ended 28 May, according to the Mortgage Bankers Association, following a 4.2% drop a week earlier.
The decline dropped the index to 665.9, the lowest print since February 2020.
Applications to refinance a home loan were down 4.6% and purchases declined 3.1%.
In equity markets, AMC Entertainment shares rocketed 95.22%, after rising a comparatively meek 22% on Tuesday, while reopening plays like Carnival, United and American Airlines also traded higher.
Cruise line Carnival was ahead 3.85%, while United Airlines ascended 1.04% and American Airlines flew 4.66% higher.
On the downside, Zoom Video Communications reversed earlier gains to close down 0.19%, even after the company reported 191% year-on-year first-quarter sales growth.
Dow Jones - Risers
Walgreens Boots Alliance, Inc. (WBA) $53.83 1.87%
Chevron Corp. (CVX) $108.08 1.34%
Visa Inc. (V) $229.66 1.34%
International Business Machines Corporation (CDI) (IBM) $145.72 1.06%
Intel Corp. (INTC) $57.48 1.04%
Merck & Co. Inc. (MRK) $75.87 0.92%
Amgen Inc. (AMGN) $235.16 0.68%
Cisco Systems Inc. (CSCO) $52.96 0.65%
Apple Inc. (AAPL) $125.06 0.63%
Verizon Communications Inc. (VZ) $56.65 0.48%
Dow Jones - Fallers
Dow Chemical Co. (DOW) $68.95 -2.07%
Walt Disney Co. (DIS) $177.00 -1.03%
Home Depot Inc. (HD) $313.23 -0.97%
Salesforce.Com Inc. (CRM) $234.62 -0.67%
Travelers Company Inc. (TRV) $160.20 -0.43%
Nike Inc. (NKE) $134.19 -0.25%
Walmart Inc. (WMT) $141.35 -0.22%
Unitedhealth Group Inc. (UNH) $405.95 -0.21%
Microsoft Corp. (MSFT) $247.30 -0.04%
Dowdupont Inc. (DWDP) $30.52 0.00%
S&P 500 - Risers
FMC Technologies Inc. (FTI) $9.89 10.26%
Macerich Co (MAC) $18.15 9.07%
Schlumberger Ltd. (SLB) $35.46 7.68%
Helmerich & Payne Inc. (HP) $32.35 7.62%
HollyFrontier Corp (HFC) $36.01 6.07%
Invesco Ltd. (IVZ) $28.48 4.74%
American Airlines Group (AAL) $25.82 4.66%
Fluor Corp. (FLR) $20.31 4.37%
Dxc Technology Company (DXC) $39.76 4.33%
Halliburton Co. (HAL) $24.35 4.33%
S&P 500 - Fallers
Nucor Corp. (NUE) $105.03 -5.16%
Tapestry Inc. (TPR) $42.71 -5.03%
PVH Corp. (PVH) $109.41 -4.12%
L Brands Inc (LB) $68.17 -3.70%
Take-Two Interactive Software Inc. (TTWO) $176.91 -3.20%
Zimmer Biomet Holdings Inc (ZBH) $161.06 -3.10%
Boston Scientific Corp. (BSX) $41.61 -3.07%
Align Technology Inc. (ALGN) $575.49 -3.03%
Quanta Services Inc. (PWR) $93.56 -3.01%
Alaska Air Group Inc. (ALK) $67.84 -2.44%
Nasdaq 100 - Risers
American Airlines Group (AAL) $25.82 4.66%
Dish Network Corp. (DISH) $45.48 3.69%
eBay Inc. (EBAY) $63.41 3.32%
Nvidia Corp. (NVDA) $671.13 3.16%
Sirius XM Holdings Inc (SIRI) $6.45 2.71%
Qurate Retail Inc. (QRTEA) $14.10 2.47%
NortonLifeLock Inc. (NLOK) $28.49 2.15%
Walgreens Boots Alliance, Inc. (WBA) $53.83 1.87%
Intuit Inc. (INTU) $445.44 1.55%
Liberty Global plc Series C (LBTYK) $26.65 1.41%
Nasdaq 100 - Fallers
Take-Two Interactive Software Inc. (TTWO) $176.91 -3.20%
Align Technology Inc. (ALGN) $575.49 -3.03%
Tesla Inc (TSLA) $605.12 -3.01%
NetEase Inc. Ads (NTES) $115.41 -2.67%
JD.com, Inc. (JD) $76.54 -2.29%
DENTSPLY Sirona Inc. (XRAY) $65.84 -2.26%
Baidu Inc. (BIDU) $197.85 -1.97%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $336.79 -1.86%
Marriott International - Class A (MAR) $142.63 -1.76%
Intuitive Surgical Inc. (ISRG) $821.54 -1.73%
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