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MarketScreener Homepage  >  Indexes  >  USA  >  DJ Industrial    DJI

DJ INDUSTRIAL

(DJI)
Delayed Quote. Delayed USA - 01/20 04:58:16 pm
31188.38 PTS   +0.83%
Pre-market
0.25%
31265.11 PTS
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SummaryMost relevantAll NewsNews of the index componentsMarketScreener Strategies

Dow, S&P pull back from record highs

11/25/2020 | 05:19pm EST

The S&P 500 and the Dow retreated Wednesday, with the blue chip index falling back below the 30,000 milestone it had topped for the first time ever the day before. The unexpected rise in weekly jobless claims signaled the labor market recovery was stalling.

Bokeh Capital Partners chief investment officer Kim Caughey Forrest:

"It's been a busy November, but that still doesn't really show us what we really want to see which is the economy moving. In fact, we're seeing it slide the other way. That's what makes us a little bit queasy when the market goes up."

Energy, materials, and industrials pulled the Dow down more than a half percent and the S&P more than one-tenth percent from its all-time high. But a rally by Amazon, Tesla and Apple drove the Nasdaq up half a percent.

Shares of Slack spiked higher. The office messaging app was the day's top mover on the Big Board. A source tells Reuters cloud-based software company Salesforce.com has approached Slack with an acquisition offer. Both companies were not immediately available for comment. Shares of Salesforce declined.

Gap was the biggest loser on the S&P 500. The apparel retailer's quarterly profit missed Wall Street's targets as a shift to online sales caused marketing and shipping costs to balloon.

Shares of Nikola fell after eight straight days of gains. In a CNBC interview, the electric truck maker's CEO Mark Russell failed to reassure investors that his company's deal with General Motors would still go through.


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 3.29% 132.03 Delayed Quote.-3.66%
DJ INDUSTRIAL 0.83% 31188.38 Delayed Quote.1.06%
GENERAL MOTORS COMPANY 1.86% 55.86 Delayed Quote.34.15%
NASDAQ 100 2.31% 13296.450006 Delayed Quote.3.17%
NASDAQ COMP. 1.97% 13457.247715 Delayed Quote.2.40%
NIKOLA CORPORATION -3.84% 19.51 Delayed Quote.27.85%
S&P 500 1.39% 3851.85 Delayed Quote.2.55%
TESLA, INC. 0.70% 850.45 Delayed Quote.20.52%
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Top / Flop DJ INDUSTRIAL
VISA INC. 210.84 Real-time Estimate Quote.2.34%
MCDONALD'S CORPORATION 213.63 Delayed Quote.2.17%
DOW INC. 58.57 Delayed Quote.1.77%
AMERICAN EXPRESS COMPANY 128.94 Delayed Quote.1.73%
AMGEN INC. 252.36 Delayed Quote.1.65%
WALGREENS BOOTS ALLIANCE, INC. 48.09 Delayed Quote.-0.12%
UNITEDHEALTH GROUP 350.84 Delayed Quote.-0.38%
INTERNATIONAL BUSINESS MACHINES CORPORATION 129.55 Real-time Estimate Quote.-0.41%
THE PROCTER & GAMBLE COMPANY 131.24 Real-time Estimate Quote.-0.52%
NIKE, INC. 141.75 Real-time Estimate Quote.-0.74%
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