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10 Top-Traded US Stocks for Tuesday (7/13)

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Movers and Shakers wrote a column · Jul 13, 2021 21:55
The $Dow Jones Industrial Average (.DJI.US)$closed the regular trading session down 107 points, or 0.3%.

The decline came a day after the Dow closed at a record. The $S&P 500 Index (.SPX.US)$and $Nasdaq Composite Index (.IXIC.US)$hit all-time highs on Tuesday before giving back those gains and ultimately closing lower.

The S&P 500 dipped 0.35%, while the Nasdaq Composite shed 0.38%, each posting their first negative session in three.
10 Top-Traded US Stocks for Tuesday (7/13)
The decline came after the Labor Department said inflation last month advanced at its fastest pace in nearly 13 years. The consumer price index jumped 5.4% from a year earlier, which was above expectations of a 5% increase, according to economists surveyed by Dow Jones. However, since a significant portion of the overall increase came from a jump in used car prices, some were quick to say the inflation will likely be transitory.
Amid a down day on Wall Street, the S&P 500 tech sector bucked the negative trend and closed at a fresh all-time high. The 10 other S&P sectors dipped, with real estate leading the losses.

10 top-traded US stocks for Tuesday
10 Top-Traded US Stocks for Tuesday (7/13)
$Apple (AAPL.US)$, $Amazon (AMZN.US)$, and $Microsoft (MSFT.US)$all reached intraday highs on the same day for the first time since last September and just the second time since July 2018.

While Amazon.com shares slipped into the red for the day, the other three giants all closed at new all-time peaks on the same day for the third time this year, most recently on July 7 and before that on Jan. 26.

$Tesla (TSLA.US)$has been off to a rough first half of 2021. The stock is down 5.3% year to date, while the S&P500 has posted a 16% gain.

$NVIDIA (NVDA.US)$closed the most recent trading day at $810, moving -1.28% from the previous trading session. Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had gained 13.84% over the past month, outpacing the Computer and Technology sector's gain of 4.23%.

$Meta Platforms (FB.US)$couldn't quite crash the list of megatech new highs, but it got close. Facebook shares closed down 0.1%, at $352, leaving the company's valuation right at $1 trillion.

$Boeing (BA.US)$fell after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.

$JPMorgan (JPM.US)$stock fell after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.

Shares of $AMC Entertainment (AMC.US)$are still cooling off, despite news Monday that AMC posted another post-reopening weekend attendance record.

Movers & Shakers for Tuesday
10 Top-Traded US Stocks for Tuesday (7/13)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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