Wall Street stocks gained on Monday; AMZN, DIDI, BABA surged, TWTR fell

June 06, 2022 03:08 PM PDT | By Mridul Gogoi

Wall Street stocks gained on Monday; AMZN, DIDI, BABA surged, TWTR fell — Image source: © Idrutu | Megapixl.com

Sector Summary

Basic materials, consumer cyclicals, technology, utilities, industrials, financials, and consumer non-cyclicals were the top gainers on Monday. Healthcare, energy and real estate were the bottom movers for the day.

In the basic materials sector, Linde plc (LIN) gained 1.09%, Rio Tinto Group (RIO) moved up 1.40%, and The Sherwin-Williams Company (SHW) climbed 2.29%.

In the consumer cyclicals sector, Tesla, Inc. (TSLA) surged 1.60%, Alibaba Group Holding Limited (BABA) gained 6.22%, and Toyota Motor Corporation (TM) ascended 0.47%.

In the healthcare sector, Johnson & Johnson (JNJ) fell 0.01%, AbbVie Inc. (ABBV) tanked 0.43%, and Novo Nordisk A/S (NVO) slipped 0.23%.

In the crypto space, Bitcoin (BTC) and Ethereum (ETH) gained 4.84% and 2.54%, respectively. The global crypto market surged 2.94% to US$1.28 over the last day.

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Futures and Commodities

Gold futures were down 0.34% to US$1,843.90 per ounce. Silver increased by 0.85% to US$22.095 per ounce, while copper fell 0.95% to US$4.4295.

Brent oil futures tumbled by 0.10% to US$120.06 per barrel and WTI crude was up 0.45% to US$119.40.

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Bond Market

The 30-year Treasury bond yields were up 2.50% to 3.191, while the 10-year bond yields rose 2.87% to 3.040.

US Dollar Futures Index increased by 0.24% to US$102.410.

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