The dow jones industrial average for today

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Investors were looking ahead, beyond the current economic misery, to the prospect of a reopening economy amid expectations that the coronavirus outbreak may be leveling off in areas around the world. But all of its gain, which topped out at 1.

Since then, the index has roughly halved its losses on a series of tenuous hopes for the future — hope that a reopening economy will allow companies to grow profits again, hope that massive aid from the Federal Reserve and Congress can temper the economic pain and hope that possible treatments for COVID may be on the way.

A report from the Financial Times on Thursday afternoon undercut that third hope. It said a potential antiviral drug for the virus flopped in a clinical trial, citing documents published accidentally by the World Health Organization.

Shares of the company behind the drug, Gilead Sciences, flipped from a 3. It also helped flip the market.

The Dow Jones Industrial Average rose The Nasdaq composite slipped 0. She said that investors are still encouraged by signs of progress in the fight against the coronavirus, particularly in the number of fatalities and new cases in some areas. Among the dastardly numbers arriving Thursday: Preliminary data on manufacturing and services activity in Europe and the United States came in even weaker than economists expected, as did a report on sales of new U.

The headliner, though, was the report showing another 4. That brought the total over the last five weeks to 26 million, or roughly one in six U. Plus, investors were initially willing to look to past the dismal data because they were already fully expecting to see it. Energy stocks were also strong after the price of crude oil rose for a second straight day after getting upended earlier this week. Brent crude, the international standard, rose 4.

Bank Wealth Management. The yield on the year Treasury dipped to 0. Yields tend to fall when investors are downgrading their expectations for the economy and inflation ahead. The navigation could not be loaded.

DJIA | A complete Dow Jones Industrial Average index overview by MarketWatch. View stock market news, stock market data and trading information. Today, the Dow Jones Industrial Average consists of the 30 most important market-leading companies on the American stock exchange and.

Stocks: Real-time U. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. All rights reserved.

On this particular Friday in May, we learned that the United States hemorrhaged more than 20 million jobs in the month of April. That's pretty much a minimum number.

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Dow Jones (DJI)

First off the way most are comparing the stock market performance under Obama and Trump is flawed. It is like trying to make a case for global warming and saying on January 1st we had a high of 20 and on August 1st we had a high of 90 so global warming must be terrible and we are all going to die in a year. When Obama took office nothing was normal in the economy. The financial sector was a mess, the stock market had tanked, housing starts were non existent, unemployment had skyrocketed. To really compare the stock market growth compare when times were normal to when times were normal.

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Yet, very few people actually know what that the number represents just 30 companies.

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It's a Banner Day for the Delusional Properties of the Stock Market

Investors were looking ahead, beyond the current economic misery, to the prospect of a reopening economy amid expectations that the coronavirus outbreak may be leveling off in areas around the world. But all of its gain, which topped out at 1. Since then, the index has roughly halved its losses on a series of tenuous hopes for the future — hope that a reopening economy will allow companies to grow profits again, hope that massive aid from the Federal Reserve and Congress can temper the economic pain and hope that possible treatments for COVID may be on the way. A report from the Financial Times on Thursday afternoon undercut that third hope. It said a potential antiviral drug for the virus flopped in a clinical trial, citing documents published accidentally by the World Health Organization. Shares of the company behind the drug, Gilead Sciences, flipped from a 3. It also helped flip the market. The Dow Jones Industrial Average rose The Nasdaq composite slipped 0. She said that investors are still encouraged by signs of progress in the fight against the coronavirus, particularly in the number of fatalities and new cases in some areas.

Stocks dip after day of wild swings, with the Dow blue-chip average gaining only 0.2%

The shares included in it are weighted according to price; the index level represents the average of the shares included in it. Dividend payments are not considered in the index. The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. Prices are indicative and may differ from the actual market price. Add to watchlist. Market Cap. Day Low. Historical Prices.