The Dow Jones industrial average lost 1%, and the Nasdaq composite sank 0.5%. Walmart drove the market lower by falling 6.5%, even though the retailer reported stronger profit for the latest quarter than analysts expected.
Wall Street is hanging near its record after companies turned in a mixed set of profit results. The S&P 500 slipped 0.1% in early Friday trading, a day after pulling away from its all-time high. The Dow Jones Industrial Average fell 0.
U.S. stock futures rose early Monday as the market looked to recover after the S&P 500 had its worst day of the year Friday. S&P 500 futures rose 0.3%, Dow Jones Industrial Average futures climbed 0.4% and futures on the Nasdaq 100 were 0.
Nvidia (NASDAQ: NVDA) stock splits have become a clear sign of the stock's strength in the world of artificial intelligence (AI). Its transformational power over the chip industry allowed it to replace the former industry leader Intel as one of the 30 stocks making up the Dow Jones Industrial Average (DJINDICES: ^DJI) in November 2024.
The Dow Jones Industrial Average lost 450 points, or 1%, and the Nasdaq composite sank 0.5%. Walmart drove the market lower after falling 6.5%, even though the retailer reported stronger profit for the latest quarter than analysts expected.
Shares of McCormick & Co. Inc. MKC advanced 1.35% to $81.22 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.08% to 43,
Shares of GE Vernova Inc. slid 8.84% to $327.88 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.
The Dow Jones rose on the stock market today. A Warren Buffett stock cleared an entry. Cathie Wood bought a diving stock while Palantir plunged.
These stocks have dropped below the significant moving averages where it’s easy to make out the direction of trend, near-term and longer term.