Market Sees Wild Swings: Clean Energy Tech Soars, Chipmakers Dip
Today's Market Snapshot
Today saw a mixed bag across global markets, with some individual stocks making huge moves while major indices showed more modest shifts. The day was particularly notable for a massive surge in Clean Energy Technologies, Inc. and a strong performance from retail giant Kohl's, contrasting sharply with declines in major chipmakers and the broader cryptocurrency market.
Top Gainers
Leading the charge was Clean Energy Technologies, Inc. (CETY), which skyrocketed by an incredible 139.79%, closing at 2.5657. Retail giant Kohl's Corporation (KSS) also had a stellar day, climbing 40.05% to reach 22.03. On the broader market front, the S&P 500 (SP500) saw a healthy gain of 0.84%, closing at 6761.25. The Nasdaq 100 (NASDAQ) also moved higher, up 0.52% to 22991.836. Meanwhile, the Dollar-Shekel exchange rate (ILSUSD) saw the dollar strengthen, rising 0.74% to 3.2778.
Key Losers
However, it wasn't a positive day for everyone. Chipmakers faced headwinds, with AMD (AMD) dropping 5.25% to 203.77 and Nvidia (NVDA) falling 3.07% to 176.95. The cryptocurrency market also experienced a downturn, as Bitcoin (BTCUSD) declined by 2.01% to 86889.65, and Ethereum (ETHUSD) slipped 1.56% to 2927.4211. Locally, the ת"א 125 index (TA125) ended the day in the red, down 0.63% at 3389.36.
Overall, the day was marked by significant individual stock volatility, demonstrating diverse performance across sectors and asset classes, amidst more moderate movements in major global indices.
