Dow hovers near record territory
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Stock Market Today: Dow Ekes Out A Gain; Chip Equipment Names Weigh On Tech
T he Dow Jones Industrial Average held a modest gain Friday in mixed action among the major stock indexes. In the stock market today, health insurer UnitedHealth Group UNH surged more than 10% on news that the beaten-down name is a new buy for Warren Buffett.
Value-hunters with big stakes in a particular component kept one of the main U.S. equity indexes in positive territory.
But with roughly a year to go until the full separation is complete, Honeywell investors are caught in no-man's-land. The stock is down 8.3% since it published a news release on Dec. 16, 2024, announcing the decision to split into three companies.
Investors tend to watch the consumer-price index for insight into how prices are affected by inflation. And when investors are focused on inflation and changes in the Fed's rate policy, the CPI report has the potential to move markets.
PM Eastern Time, the S&P 500 slipped 0.2%, the Dow Jones Industrial Average rose 0.2%, and the Nasdaq Composite was down 0.3%.
McDonald's McDonald's (NYSE: MCD) had the unfortunate distinction of posting the Dow Jones Industrial Average's worst stock performance in June. The shares dropped 6.9% during the month.
NEW YORK -- U.S. stocks edged back from their record levels on Friday in a quiet finish to another winning week.
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Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
NEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and some other influential Big Tech companies helped mask the losses.
Finally, Nemes Rush Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $50,000. 37.11% of the stock is currently owned by ...
The Dow's gains have been propelled by a solid year-to-date performances from Wall Street bank Goldman Sachs, tech giant Microsoft and industrial equipment maker Caterpillar
US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. A meeting between President Trump and Russian President Vladimir Putin was also in focus as traders looked for clues on how the outcome could steer markets.
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