NASDAQ Drags Down S&P 500 Index And DOW As Markets Drop

NASDAQ Close Down 81.76 Points

The market finished lower for all three major indices, as NASDAQ saw a drop of 1.04%, closing at 7816.28 dragging S&P 500 Index and DOW down with it. S&P 500 Index closed down 0.58% at 2859.53, while DOW closed at 25764.00, down 0.38%.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.48%), while the Industrials sector saw the biggest drop (-1.10%). Information Technology has seen the biggest year-to-date gain of 22.31%.

Utilities saw the biggest turnaround compared to its 5-day performance (2.42%), as it went up by 0.48%. Energy and Materials both saw turn arounds from their five day positive performances with Energy dropping -1.05%.

Sector Breakdown

  • Utilities, up 0.48%.
  • Real Estate, down -0.17%.
  • Healthcare, down -0.17%.
  • Consumer Staples, down -0.19%.
  • Communication Services, down -0.48%.
  • Materials, down -0.50%.
  • Financials, down -0.60%.
  • Consumer Discretionary, down -0.80%.
  • Information Technology, down -0.82%.
  • Energy, down -1.05%.
  • Industrials, down -1.10%.

Stocks that hit their 52-week highs today

  • Travelers Companies Inc (TRV) ended the day at $147.49

DOW stocks that hit their 52-week lows today

  • 3M Co (MMM) reached a new 52-week low of $168.43, but recovered later in the day to close at $169.09

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