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MarketScreener Homepage  >  Indexes  >  USA  >  DJ Industrial    DJI

DJ INDUSTRIAL

(DJI)
Delayed Quote. Delayed USA - 08/10 05:12:10 pm
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Industrials Up As Investors Double Down On Recovery Bets -- Industrials Roundup

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06/30/2020 | 05:16pm EDT

Shares of industrial and transportation companies rose as investors doubled down on the "V-shaped recovery bets" that have caused a historic rebound from March lows for cyclical sectors.

The Dow Jones Industrial Average saw its largest single quarter gain since 1987 in the second quarter.

In a sign of the brutal impact of the Covid-19 pandemic on the aerospace industry, jet maker Airbus said it expects to cut roughly 15,000 positions from its global workforce by the summer of 2021, as the company faces continued pressure from reduced demand for commercial aircraft due to reduced travel stemming from the coronavirus pandemic.

Shares of rival Boeing gave back some of the Monday gains as Airbus's cuts and fears of renewed tensions between the U.S. and China over Hong Kong weighed. China has previously threatened to cut back on purchases of Boeing jets as a reprisal for U.S. moves.

Manufacturing services company Jabil is jumping into the face-mask field in the U.S. with plans to produce more than a million masks daily, as reported earlier.

 Write to Rob Curran at rob.curran@dowjones.com 

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 3.26% 74.37 Real-time Quote.-44.77%
BOEING COMPANY (THE) 5.52% 179.41 Delayed Quote.-44.93%
DJ INDUSTRIAL 1.30% 27791.44 Delayed Quote.-3.87%
NASDAQ 100 -0.49% 11085.167907 Delayed Quote.27.55%
NASDAQ COMP. -0.39% 10968.356828 Delayed Quote.22.72%
S&P 500 0.27% 3360.47 Delayed Quote.4.01%
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Top / Flop DJ INDUSTRIAL
BOEING COMPANY (THE) 179.41 Delayed Quote.5.52%
CATERPILLAR INC. 142.02 Delayed Quote.5.26%
RAYTHEON TECHNOLOGIES CORPORATION 64.23 Delayed Quote.4.90%
NIKE, INC. 105.41 Delayed Quote.3.49%
CHEVRON CORPORATION 89.73 Delayed Quote.3.38%
THE COCA-COLA COMPANY 47.72 Delayed Quote.-0.17%
MCDONALD'S CORPORATION 204.12 Delayed Quote.-0.23%
JOHNSON & JOHNSON 148.03 Delayed Quote.-0.38%
WALT DISNEY COMPANY (THE) 128.79 Delayed Quote.-0.88%
MICROSOFT CORPORATION 208.25 Delayed Quote.-1.99%
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