The three major US stock indexes finished mixed, with the Dow rising and the S&P 500 and Nasdaq declining. Easing concerns over the Middle East and strong earnings supported the market, while some technology stocks remained under pressure.
In the US market on the 5th, the Dow Jones Industrial Average closed up 263.24 points at 54,349.12, while the Nasdaq Composite fell 221.55 points and the S&P 500 declined 12 points. WTI crude oil fell temporarily to the low $75 range on expectations of easing tensions in the Middle East, contributing to improved market sentiment.
July ADP nonfarm payrolls rose by 44,000 from the previous month, below the 95,000 increase in the previous month, while the ISM non-manufacturing index improved to 54.1 from 54.0 the previous month.
By sector, 6 S&P 500 sectors rose and 5 declined. Materials gained 1.5%, followed by healthcare at 1.3% and financials at 0.3%, while communication services fell 2.4%, energy declined 2.0% and utilities fell 1.0%. Among Dow components, Amgen rose 4.6%, Disney gained 3.7% and NVIDIA advanced 3.4%. Alphabet fell 4.0%, Chevron declined 2.1% and Amazon lost 1.7%, resulting in mixed performance across the components.
Outside the Dow components, Charles River Laboratories rose 11.4% after reporting revenue and EPS above market expectations, while Uber Technologies fell 5.3% after its EPS outlook came in below market expectations. Long-term interest rates were 4.61%, and dollar-yen traded in the upper ¥157 range.