Stock Market Update
06-Jul-23 13:30 ET
UNH and MSFT lead the DJIA while AXP and CVX lag
Dow -358.65
at 33929.90,
Nasdaq -130.45
at 13661.58,
S&P -37.60
at 4410.49
[BRIEFING.COM] The Dow Jones Industrial Average is down 1.1%, sitting in the middle of the pack among the major indices. Like its peers, the DJIA has been climbing off its low of the day in recent action.
A look inside the DJIA shows that American Express (AXP 170.83, -4.05, -2.7%) and Chevron (CVX 152.26, -4.00, -2.6%) sport the largest declines. AXP was downgraded to Neutral from Outperform at Robert W. Baird.
Meanwhile, UnitedHealth (UNH 471.92, +0.72, +0.2%) has joined Microsoft (MSFT 342.08, +3.93, +1.2%) in positive territory. MSFT outperforms after Morgan Stanley raised its price target to $415.
