The Dow Jones Industrial Average (DJIA) is a group of 30 U.S. industry leaders. It's often looked at as a proxy for the market, since its components' performance is indicative of what's happening in the economy and the markets.
Key Takeaways Boeing shares were among the few decliners in the Dow Jones Industrial Average Wednesday, one day after the aircraft maker reported a decline in 2024 plane deliveries.The stock has carved out a potential inverse head and shoulders between August and January,
Boeing Co. closed $47.02 short of its 52-week high ($217.59), which the company achieved on January 24th.
2024 was an excellent year for the major stock market indexes. But the Dow Jones Industrial Average ( ^DJI 0.78%) had just a 12.9% return, compared to 23.3% for the S&P 500 ( ^GSPC 1.00%) and 28.6% for the Nasdaq Composite.
On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.
Boeing was the worst-performing stock in the Dow Jones Industrial Average Tuesday after the company reported declining plane deliveries.
The benchmark S&P 500 and the tech-heavy Nasdaq opened muted on Friday, with investors staying cautious ahead of economic data, while planemaker Boeing dropped after issuing a quarterly
ET, the Dow Jones Industrial Average fell 0.12 per cent, the S&P 500 gained 0.01 per cent, the Nasdaq Composite lost 0.03 per cent
Emirates president Tim Clark told BI that Boeing workers were unfairly treated by previous management, which prioritized profits over quality.
Boeing is set to report fourth-quarter results before the market opens Tuesday, with analysts expecting the plane maker to have continued burning through cash as it worked to increase production.
The SP 500 achieved a two-week winning streak despite a 0.3% decline on Friday, retreating from a fresh intraday record high of 6,128.18. The NASDAQ Composite dropped 0.5%, while the Dow Jones Industrial Average
Wall Street stocks concluded a winning week on a tepid note Friday, retreating following mixed earnings in a move attributed to profit taking.