Previous Close | 13,530.92 |
Open | 13,474.81 |
Volume | 1,254,897,198 |
Day's Range | 13,463.66 - 13,567.14 |
52 Week Range | 6,631.42 - 13,567.14 |
Avg. Volume | 5,087,225,161 |
The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. IBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit.
The stock market had another day of relatively quiet trading on Friday. Once again, the Nasdaq Composite (NASDAQINDEX: ^IXIC) stood out as the leader, pushing further into record territory. As of 3 p.m. EST, the Nasdaq was up about 0.2%, building on its huge gains in 2020 and so far in 2021.
Wall Street's main indexes slipped on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes dim for a full economic reopening in the coming months. IBM Corp slumped 9.83% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Intel Corp shed 8.93% as new Chief Executive Officer Pat Gelsinger's post-earnings comments suggested the lack of a strong embrace of outsourcing.