Oil Price Surges, Dow Drops
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The Dow Jones Industrial Average (DJINDICES: ^DJI) index edged 3.9% higher in May, with 70% of its 30 constituent stocks ending the month in positive territory. However, the two worst-performing Dow stocks in May -- both from the healthcare sector -- kept the index's rally in check, with one of them plunging over 25%.
Oil prices leapt, and stocks fell on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
The blue-chip Dow Jones Industrial Average was headed for its worst daily drop in almost a month on Friday as the Israel-Iran conflict rattles investors, after easing back from session lows. The Dow was down about 774 points,
Markets rebounded after Trump said his administration intends to send letters to US trade partners to formally establish new tariff terms.
Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).
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It's a very competitive industry, but Verizon's large annual revenue and free cash flow provide plenty of resources to invest in technology and features to protect its competitive position. On that note,
The U.S. stock market ended sharply lower Friday, with all three major benchmarks under pressure as tensions in the Middle East ran high amid missile strikes between Israel and Iran. The Dow Jones Industrial Average dropped 769.
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Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Shares of Sherwin-Williams Co. and Visa are trading lower Friday afternoon, propelling the Dow Jones Industrial Average selloff. The Dow was most recently trading 822 points, or 1.9%, lower, as shares of Sherwin-Williams Co.