13 Dec 2024 | 22:16
US close: Dow Jones turns in seventh-straight losing session
(Sharecast News) - Major indices delivered a mixed performance on Friday as the blue-chip Dow Jones turned in its seventh-consecutive losing session.
At the close, the Dow Jones Industrial Average was down 0.20% at 43,828.06, while the S&P 500 was flat at 6,051.09, and the Nasdaq Composite saw out the session 0.12% firmer at 19,926.72.
The Dow closed 86.06 points lower on Friday, extending losses recorded in the previous session after last month's producer price index came in hotter than expected.
On Friday's macro slate, US import prices rose more or less as expected last month on the back of dearer energy. According to the US Department of Labor, in seasonally adjusted terms, import prices edged up at a month-on-month pace of 0.1%. Economists had forecast a decline of 0.2%.
Export prices, on the other hand, were unchanged versus October, held back by a 0.4% drop in agricultural export prices.
In the corporate space, Broadcom shares were up more than 24% after the chipmaker topped Q4 adjusted earnings estimates overnight as AI revenues surged 220% year-on-year.
No major earnings were released on Friday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Walgreens Boots Alliance, Inc. (WBA) $10.39 6.78%
Boeing Co. (BA) $169.65 1.13%
Travelers Company Inc. (TRV) $246.32 0.99%
Unitedhealth Group Inc. (UNH) $520.48 0.92%
Merck & Co. Inc. (MRK) $102.09 0.74%
Home Depot Inc. (HD) $417.03 0.62%
American Express Co. (AXP) $302.67 0.61%
Verizon Communications Inc. (VZ) $42.28 0.48%
Johnson & Johnson (JNJ) $146.62 0.26%
Walmart Inc. (WMT) $94.28 0.17%
Dow Jones - Fallers
Intel Corp. (INTC) $20.34 -2.12%
Walt Disney Co. (DIS) $113.34 -1.36%
Amgen Inc. (AMGN) $270.62 -1.26%
Coca-Cola Co. (KO) $63.12 -1.13%
Salesforce.Com Inc. (CRM) $354.31 -1.04%
Goldman Sachs Group Inc. (GS) $585.31 -1.04%
Dow Chemical Co. (DOW) $40.87 -1.02%
Nike Inc. (NKE) $77.27 -0.91%
JP Morgan Chase & Co. (JPM) $239.94 -0.66%
International Business Machines Corporation (CDI) (IBM) $230.75 -0.62%
S&P 500 - Risers
Broadcom Inc. (AVGO) $224.80 24.43%
Lamb Weston Holdings, Inc. (LW) $79.27 6.79%
Walgreens Boots Alliance, Inc. (WBA) $10.39 6.78%
Arista Networks Inc. (ANET) $112.35 5.14%
Micron Technology Inc. (MU) $102.50 4.34%
Progressive Corp. (PGR) $252.08 3.72%
Nordstrom Inc. (JWN) $23.18 2.98%
Tapestry Inc. (TPR) $63.22 2.78%
Centene Corp. (CNC) $59.47 2.45%
Macerich Co (MAC) $21.50 2.38%
S&P 500 - Fallers
Entergy Corp. (ETR) $74.11 -49.93%
Under Armour Inc. Class A (UAA) $8.84 -8.13%
Under Armour, Inc. (UA) $8.02 -8.05%
Nucor Corp. (NUE) $125.25 -4.69%
Charles Schwab Corp. (SCHW) $79.52 -4.00%
Albemarle Corp. (ALB) $99.38 -3.79%
Hasbro Inc (HAS) $61.76 -3.58%
Biogen Inc (BIIB) $150.03 -3.41%
Newmont Corporation (NEM) $40.22 -3.22%
Incyte Corp. (INCY) $68.55 -3.22%
Nasdaq 100 - Risers
Broadcom Inc. (AVGO) $224.80 24.43%
Walgreens Boots Alliance, Inc. (WBA) $10.39 6.78%
Micron Technology Inc. (MU) $102.50 4.34%
Tesla Inc (TSLA) $436.23 4.34%
Qurate Retail Inc. (QRTEA) $0.37 1.97%
Paypal Holdings Inc (PYPL) $91.02 1.81%
Skyworks Solutions Inc. (SWKS) $90.98 1.49%
Wynn Resorts Ltd. (WYNN) $94.53 1.13%
KLA-Tencor Corp. (KLAC) $653.76 1.11%
Lam Research Corp. (LRCX) $76.26 0.90%
Nasdaq 100 - Fallers
Hasbro Inc (HAS) $61.76 -3.58%
Biogen Inc (BIIB) $150.03 -3.41%
Incyte Corp. (INCY) $68.55 -3.22%
Electronic Arts Inc. (EA) $157.62 -3.06%
Sirius XM Holdings Inc (SIRI) $24.11 -2.82%
Microchip Technology Inc. (MCHP) $59.93 -2.55%
Mercadolibre Inc. (MELI) $1,823.86 -2.51%
Intuit Inc. (INTU) $656.45 -2.35%
Nvidia Corp. (NVDA) $134.25 -2.25%
Charter Communications Inc. (CHTR) $379.78 -2.23%