Dow Jones Industrial Average (^DJI)
| Previous Close | 38,686.32 |
| Open | 38,710.00 |
| Volume |
| Day's Range | 38,247.22 - 38,735.61 |
| 52 Week Range | 32,327.20 - 40,077.40 |
| Avg. Volume | 351,474,285 |
Yahoo FinanceThe stock market took a narrow road to record highs last month
The stock market reverted back to its 2023 ways in May with six large tech stocks accounting for the majority of the gains in the S&P 500.
- Yahoo Finance Video
Market close: Dow falls 115 points following PMI print
The Dow Jones Industrial Average (^DJI) ended Monday's session 115 points lower while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) manage to eke out some gains. Market Domination's Julie Hyman recaps the day's market performances after the ISM's manufacturing Purchasing Managers' Index (PMI) print and OPEC's extended oil (CL=F, BZ=F) production cuts, while Jared Blikre reports on the day's sector action. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
May's PMI data and OPEC's production cuts: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills delve into various pivotal market developments, dissecting the ISM's manufacturing PMI data for the month of May, oil price dynamics (CL=F, BZ=F), and the top trending stocks. The Institute for Supply Management's (ISM) manufacturing Purchasing Managers' Index report revealed a slight decline in May. Saxo Bank Chief Global Equity Strategist Peter Garnry joins the show to provide insights on how markets are digesting this print and its implications for future interest rate cuts by the Federal Reserve. Meanwhile, OPEC+ extended its oil production cuts until 2025. Bob McNally, the founder and president of Rapidan Energy, joins the show to discuss the impact of this decision and delve into the macroeconomic factors currently influencing oil prices. Shifting gears, the show dives into the stock reactions of Yahoo Finance's top trending stocks, including tech titan Nvidia (NVDA), music streaming platform Spotify (SPOT), and aviation giant JetBlue (JBLU). This post was written by Angel Smith
