Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Indexes  >  USA  >  DJ Industrial    DJI


Real-time Estimate Quote. Real-time Estimate TTMzero - 02/24 06:14:58 pm
31814.24 PTS   +0.88%
12:12pWALL STREET STOCK EXCHANGE : Stocks Turn Higher as Powell Testifies
12:05pEUROPE : European shares end higher on upbeat German data
12:04pEuropean shares end higher on upbeat German data
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Dow, S&P 500 dragged lower by Intel, IBM

01/22/2021 | 06:21pm EST

A duo of tech snags sank the Dow and the S&P 500 Friday, but the Nasdaq hit a record closing high.

The Dow fell 179 points. The S&P 500 shed 11. But the Nasdaq eeked out a 12-point rally, capping the strongest week for the index in more than two months.

But that gain for the Nasdaq masked big drops for two struggling tech names.

IBM was a big loser after it missed sales estimates and posted the fourth consecutive drop in quarterly sales. That stock slumped 10 percent.

Intel was the other drag. The chip giant's incoming CEO seemed to back away from the company's previous to start outsourcing the production of some of its chips. The uncertainty overshadowed better-than-expected quarterly results. Intel tumbled 9 percent.

For some on Wall Street, the heavy selling seen in those two tech names added to belief that this market is due for a pullback.

Peter Cardillo, chief market economist, at Spartan Capital Securities is in that camp.

"It's just a matter of time before we see a pullback of maybe eight percent. This market is really stretched out. And, you know, so far the news has been good. In fact, the macro news has been improving. The earnings got off to a good season. And, of course, we'll be seeing and hearing more about earnings next week. There are over 700 companies reporting."

Some key names to report results in the coming week include tech bellwethers: Apple, Facebook and Microsoft.

Economic releases on Friday were mostly upbeat. U.S. factory activity surged in January to its highest level in nearly 14 years, according to a private survey.

And home re-sales ended last year with a bang. Full-year sales grew 22 percent from the year before, fueled by record-low mortgage rates and an exodus from urban centers.

© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. -0.79% 124.64 Delayed Quote.-5.04%
DJ INDUSTRIAL 0.78% 31799.53 Delayed Quote.2.99%
FACEBOOK INC -1.02% 263.15 Delayed Quote.-4.70%
INTEL CORPORATION 0.96% 61.73 Delayed Quote.26.48%
MICROSOFT CORPORATION -0.46% 232.1 Delayed Quote.8.34%
NASDAQ 100 0.03% 13194.958487 Delayed Quote.2.60%
NASDAQ COMP. 0.38% 13518.653489 Delayed Quote.4.48%
S&P 500 0.64% 3906.83 Delayed Quote.3.21%
All news about DJ INDUSTRIAL
12:12pWALL STREET STOCK EXCHANGE : Stocks Turn Higher as Powell Testifies
12:05pEUROPE : European shares end higher on upbeat German data
12:04pEuropean shares end higher on upbeat German data
11:46aUS ECONOMICS : 2-Year FRN High Discount Margin Slips Modestly
11:39aDJ INDUSTRIAL : US 2-Year FRN High Discount Margin 0.045% vs 0.049% Previous; Bi..
11:35aUS ECONOMICS : Daily Roundup of Key Economic Data for Feb. 24
11:22aWeekly Mortgage Applications Slide Amid Rising Interest Rates, Bad Weather in..
11:01aDow Industrials Tick Up as Investors Focus on Powell
10:59aWALL STREET STOCK EXCHANGE : Nasdaq declines as tech sell-off resumes; cyclical ..
10:45aUS ECONOMICS : Crude Oil Stocks Post Surprise Gain in Week Ended Feb. 19
More news
News of the index components DJ INDUSTRIAL
11:45aCISCO : Celebrating the One-Year Anniversary of DevNet Certifications
11:28aUS takes 1st step toward approving single-dose Covid-19 vaccine
11:23aJOHNSON & JOHNSON : FDA Says Johnson & Johnson's Covid Vaccine Has a 'Favorable ..
11:11aTECHNOLOGY : The pathway to financial inclusion
11:11aCISCO : Simplifying Profitability and Differentiation
11:05aGIVE ME AN H : Chief Diversity Officer Derek Bottoms Talks Career and Vision for..
10:51aCISCO USER DEFINED NETWORK : Redefining Secure, Personal Networks
More news
Duration : Period :
DJ Industrial Technical Analysis Chart | DJI | US2605661048 | MarketScreener
Technical analysis trends DJ INDUSTRIAL
Short TermMid-TermLong Term
THE BOEING COMPANY 224.69 Real-time Estimate Quote.5.93%
CHEVRON CORPORATION 102.72 Delayed Quote.3.10%
AMERICAN EXPRESS COMPANY 140.765 Real-time Estimate Quote.2.79%
THE GOLDMAN SACHS GROUP, INC. 327.485 Real-time Estimate Quote.2.59%
DOW INC. 63.625 Real-time Estimate Quote.2.42%
NIKE, INC. 135.085 Real-time Estimate Quote.-0.77%
APPLE INC. 124.865 Delayed Quote.-0.79%
AMGEN INC. 229.46 Real-time Estimate Quote.-1.29%
WALMART INC. 133.385 Real-time Estimate Quote.-1.54%
THE HOME DEPOT, INC. 256.18 Real-time Estimate Quote.-4.14%
Heatmap :