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.
Led by positive momentum for shares of 3M and Boeing, the Dow Jones Industrial Average is climbing Tuesday morning. The Dow Dow Jones Industrial Average was most recently trading 293 points higher (0.7%), as shares of 3M 3M Co. and Boeing Boeing Co. have contributed to the index's intraday rally.
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 Co. closed $47.02 short of its 52-week high ($217.59), which the company achieved on January 24th.
Boeing was the worst-performing stock in the Dow Jones Industrial Average Tuesday after the company reported declining plane deliveries.
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.
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
Emirates president Tim Clark told BI that Boeing workers were unfairly treated by previous management, which prioritized profits over quality.
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
THE benchmark S&P 500 and the tech-heavy Nasdaq opened muted on Friday (Jan 24), with investors staying cautious ahead of economic data, while planemaker Boeing dropped after issuing a quarterly profit warning.