10 Top-Traded US Stocks for Thursday (6/24)

On Thursday, the $Dow Jones Industrial Average (.DJI.US)$ jumped 322 points and the $S&P 500 Index (.SPX.US)$ reached a new record of 4,266.49 after gaining 0.6%.

The technology-heavy $Nasdaq Composite Index (.IXIC.US)$ rose to a fresh record of 14,369.71 as investors continued to pour into growth stocks. Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$, rose 1.5% and went positive for the year.

Shares of the major U.S. bank popped after the Federal Reserve announced the banks could easily withstand a severe recession. The Fed, in releasing the results of its annual stress test, said the 23 institutions in the 2021 exam remained "well above" minimum required capital levels during a hypothetical economic downturn. $Bank of America (BAC.US)$ and $Wells Fargo & Co (WFC.US)$ rose 1.8% and 2.7%, respectively.

$Tesla (TSLA.US)$ tops the ranking again Thursday and gained 3.54% during the session. It plans to open some of its Supercharging stations in Norway and Sweden to other electric vehicles in Q3 2022. It would be monumental for Tesla to open its extensive network of Superchargers to other manufacturers. Not only would it allow more charging options for EV drivers, but it would likely entice more drivers to switch to electric powertrains, as charging options would be more available than ever before.

$Amazon (AMZN.US)$ ranks second and closed 1.56% lower. Big tech companies, including Google, Facebook and Amazon, the pressure falls short as major antitrust measures advance in House committee.

$Apple (AAPL.US)$, $NVIDIA (NVDA.US)$, $Microsoft (MSFT.US)$ and $Meta Platforms (FB.US)$ follow with lower than 1% change in price.

$Advanced Micro Devices (AMD.US)$ rose 2.72% as Microsoft announced that it would offer the option to run Android apps on AMD processors as well.

$Boeing (BA.US)$ gained 2.87% and ranks ninth as it wins a $170M deal to support Apache aircraft production with the US army.