Stock Market Today: Dow falls 300 points
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The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
Investors held onto hopes that the U.S. and Japan’s trade agreement could lead to a tariff breakthrough with other countries, and pushed the S&P 500 and Nasdaq Composite to fresh record highs.
The Dow, S&P 500, and Nasdaq are mixed Thursday as the stock market reacts to earnings from IBM, Tesla, and Alphabet.
Six of the official GICS sectors were in the green, led by communications services, technology and energy stocks.
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Investor's Business Daily on MSNStock Market Today: Dow Falls On Surprise Jobless Claims; UnitedHealth Tumbles On DOJ Probe (Live Coverage)The Dow Jones index dropped Thursday on a surprise fall in weekly jobless claims. Chipotle and Tesla plunged on earnings.
Stocks were mixed Thursday and the Dow Jones Industrial Average declined as UnitedHealth Group fell after saying it was “complying with formal criminal and civil requests” from the U.S. Department of Justice, and as IBM slumped following its second-quarter earnings.
But some of the index's components haven't fared so well. Two well-known stocks in the DJIA have collapsed in value through the first six months of 2025. Investors on the lookout for bargains should take a closer look.