Boeing, Chevron share losses lead Dow's nearly 475-point fall

The Dow Jones Industrial Average is slumping Friday afternoon with shares of Boeing and Chevron delivering the stiffest headwinds for the blue-chip average. The Dow DJIA, -4.05% was most recently trading 473 points (2.1%) lower, as shares of Boeing BA, -10.27% and Chevron CVX, -9.95% have contributed to the index’s intraday decline. Boeing’s shares have fallen $16.84 (9.3%) while those of Chevron are off $5.67 (7.4%), combining for an approximately 153-point drag on the Dow. Also contributing significantly to the decline are Walt Disney DIS, -8.50%, JPMorgan Chase JPM, -7.12%, and Exxon Mobil XOM, -4.81%. A $1 move in any of the index’s 30 components results in a 6.78-point swing.

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Dow heads 2.4% lower Friday, but off its worst levels as House passes coronavirus rescue bill

U.S. stock indexes ended sharply lower Friday, failing to get a lasting lift from approval by Congress of a $2 trillion economic stimulus package to counter the effects of the coronavirus pandemic, but equities booked double-digit weekly gains to take back a chunk of losses seen this month.

How are benchmarks performing?

The Dow Jones Industrial Average DJIA, -4.05% dropped 915.39 points, or 4.1%, to end at 21,636.78, while the S&P 500 index SPX, -3.36% fell 88.60 points, or 3.4%, to 2,541.47. The Nasdaq Composite Index COMP, -3.78% lost 295.16 points, or 3.8%, to finish at 7,502.38.

On Thursday, the Dow marked its best three-day gain since 1931, while it was the best such gain for the S&P since 1933. Despite Friday’s decline, the Dow booked a 12.8% weekly advance, its strongest since 1938, while the S&P 500 rose 10.3% for its biggest such jump since 2008. The Nasdaq’s 9.1% weekly rise was the biggest since March 2009.

Read:The Dow’s 21% surge in 3 days puts it back in a bull market—here’s why the coronavirus crisis makes it feel utterly bearish

Since their peaks, the Dow still stands 26.8% below its record high, the S&P 500 is down 25% from its Feb. 19 peak and the Nasdaq Composite Index COMP, -3.78% is off 23.6% from its all-time high.

What’s driving the market?

The week’s sharp stock-market rebound was attributed part to optimism over the U.S. fiscal stimulus plan in concert with aggressive monetary policy easing by the Federal Reserve and other major central banks. Analysts, however, warned that stocks could still see significant pressure

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Dow's 550-point fall led by losses in Boeing, JPMorgan Chase shares

Behind declines for shares of Boeing and JPMorgan Chase, the Dow Jones Industrial Average is slumping Friday afternoon. The Dow DJIA, -4.05% was most recently trading 550 points, or 2.4%, lower, as shares of Boeing BA, -10.27% and JPMorgan Chase JPM, -7.12% are contributing to the blue-chip gauge’s intraday decline. Boeing’s shares are down $13.63 (7.5%) while those of JPMorgan Chase have dropped $6.43, or 6.5%, combining for an approximately 136-point drag on the Dow. Other components contributing significantly to the decline include Chevron CVX, -9.95%, Walt Disney DIS, -8.50%, and Exxon Mobil XOM, -4.81%. A $1 move in any of the benchmark’s 30 components results in a 6.78-point swing.

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Boeing, JPMorgan Chase share losses contribute to Dow's 530-point fall

The Dow Jones Industrial Average is slumping Friday afternoon with shares of Boeing and JPMorgan Chase seeing the biggest drops for the blue-chip average. Shares of Boeing BA, -10.27% and JPMorgan Chase JPM, -7.12% are contributing to the index’s intraday decline, as the Dow DJIA, -4.05% was most recently trading 530 points, or 2.4%, lower. Boeing’s shares have declined $13.70 (7.6%) while those of JPMorgan Chase have fallen $6.35, or 6.5%, combining for an approximately 136-point drag on the Dow. Other components contributing significantly to the decline include Chevron CVX, -9.95%, Walt Disney DIS, -8.50%, and Exxon Mobil XOM, -4.81%. A $1 move in any one of the 30 components of the index results in a 6.78-point swing.

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Dow falls 731 points on losses for shares of Boeing, JPMorgan Chase

Shares of Boeing and JPMorgan Chase are seeing declines Friday afternoon, leading the Dow Jones Industrial Average slump. Shares of Boeing BA, -7.51% and JPMorgan Chase JPM, -6.63% have contributed to the index’s intraday decline, as the Dow DJIA, -2.66% was most recently trading 731 points, or 3.2%, lower. Boeing’s shares have declined $14.47 (8.0%) while those of JPMorgan Chase are off $6.85 (7.0%), combining for a roughly 145-point drag on the Dow. Chevron CVX, -6.20%, Walt Disney DIS, -5.48%, and United Technologies UTX, -3.54% are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components results in a 6.78-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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Dow falls 731 points on losses for shares of Boeing, JPMorgan Chase

Shares of Boeing and JPMorgan Chase are seeing declines Friday afternoon, leading the Dow Jones Industrial Average slump. Shares of Boeing BA, -10.27% and JPMorgan Chase JPM, -7.12% have contributed to the index’s intraday decline, as the Dow DJIA, -4.05% was most recently trading 731 points, or 3.2%, lower. Boeing’s shares have declined $14.47 (8.0%) while those of JPMorgan Chase are off $6.85 (7.0%), combining for a roughly 145-point drag on the Dow. Chevron CVX, -9.95%, Walt Disney DIS, -8.50%, and United Technologies UTX, -7.15% are also contributing significantly to the decline. A $1 move in any of the benchmark’s 30 components results in a 6.78-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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Dow Jones Industrial Average Slides After Record Three-Day Run to New “Bull Market”

The Dow Jones Industrial Average dropped more than 600 points at open today. This comes after a three-day stretch that technically ended the bear market.

However, it’s clear that we’re witnessing a head fake for the markets. Investors now face a significant challenge on the horizon as the U.S. economy shuts down to address the spread of coronavirus.

Here are the numbers from Thursday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change Dow Jones 22,552.17 0.00 0.00 S&P 500 2,630.07 +154.51 +6.24 Nasdaq 7,797.54 +413.24 +5.60

Now let’s take a look at what I consider to be the most important market events to start your day.

The Top Stock Market Stories for Friday Johns Hopkins University said that the number of global coronavirus cases has jumped to 542,700. Of that total, roughly 86,000 are happening in the United States. UK Prime Minister Boris Johnson tested positive for the virus. Meanwhile, U.S. President Donald Trump and Chinese leader Xi Jinping held a phone call to explore ways to work together to address the global pandemic.

Get Your Buy List Ready: COVID-19 has crushed markets, but stocks will bounce higher. This is a once-in-a-lifetime chance to get into great companies at historically low prices, so put these stocks on your buy list now

This morning, the House of Representatives will vote on the $2 trillion stimulus plan passed by the Senate this week. According to reports, Rep. Thomas Massie (R-KY) opposes the deal and has threatened to demand a recorded vote. This would require at least 216 House members to be physically present to vote on the plan. The White House is considering a plan that would allow the U.S. government

Read More Here...

Dow Jones Industrial Average Slides After Record Three-Day Run to New “Bull Market”

The Dow Jones Industrial Average dropped more than 600 points at open today. This comes after a three-day stretch that technically ended the bear market.

However, it’s clear that we’re witnessing a head fake for the markets. Investors now face a significant challenge on the horizon as the U.S. economy shuts down to address the spread of coronavirus.

Here are the numbers from Thursday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change Dow Jones 22,552.17 0.00 0.00 S&P 500 2,630.07 +154.51 +6.24 Nasdaq 7,797.54 +413.24 +5.60

Now let’s take a look at what I consider to be the most important market events to start your day.

The Top Stock Market Stories for Friday Johns Hopkins University said that the number of global coronavirus cases has jumped to 542,700. Of that total, roughly 86,000 are happening in the United States. UK Prime Minister Boris Johnson tested positive for the virus. Meanwhile, U.S. President Donald Trump and Chinese leader Xi Jinping held a phone call to explore ways to work together to address the global pandemic.

Get Your Buy List Ready: COVID-19 has crushed markets, but stocks will bounce higher. This is a once-in-a-lifetime chance to get into great companies at historically low prices, so put these stocks on your buy list now

This morning, the House of Representatives will vote on the $2 trillion stimulus plan passed by the Senate this week. According to reports, Rep. Thomas Massie (R-KY) opposes the deal and has threatened to demand a recorded vote. This would require at least 216 House members to be physically present to vote on the plan. The White House is considering a plan that would allow the U.S. government

Read More Here...

Dow heads more than 3% lower Friday, risks snapping 3-day win streak as U.S. tops China in coronavirus cases

U.S. stock indexes traded sharply lower Friday midday, after the Dow Jones Industrial Average and S&P 500 a day ago booked their best three-day win streaks since the 1930s.

Investors are worried that there are now more cases of COVID-19 reported in the U.S. than in China, while awaiting the likely passage of an economic rescue bill in the House later Friday after the Senate approved the key piece of legislation late Wednesday.

How are benchmarks performing?

The Dow Jones Industrial Average DJIA, -2.66% headed 841 points, or 3.7%, at 21,710, the S&P 500 index SPX, -2.42% lost 91 points, or 3.5%, at 2,537, while the Nasdaq Composite Index COMP, -2.44% headed 274 points, or 3.5%, lower at 7,521.

On Thursday, the Dow marked its best three-day gain since 1931, while it was the best such gain for the S&P since 1933.

Read:The Dow’s 21% surge in 3 days puts it back in a bull market — here’s why the coronavirus crisis makes it feel utterly bearish

For the week, the Dow is on track to book a 13.2% gain, the S&P 500 is headed for a weekly rise of 10.5%, the Nasdaq was 9.4% higher so far in the week.

Since their peaks, the Dow still stands 26% below its record high, the S&P 500 is down 25% from its Feb. 19 peak and the Nasdaq Composite Index COMP, -2.44% is off 24% from its recent all-time high.

What’s driving the market?

U.S. House Speaker Nancy Pelosi said the bill will be passed in the vote later Friday but the passage of the relief

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