Stock Market Update

06-Sep-24 13:30 ET
DJIA adding to weekly losses on Friday; Amex, Amazon underperform
Dow -304.34 at 40451.41, Nasdaq -356.65 at 16770.99, S&P -83.27 at 5420.14

[BRIEFING.COM] The Dow Jones Industrial Average (-0.75%) is just off lows of the day, narrowly higher compared to levels from the prior half hour.

A look inside the DJIA shows that American Express (AXP 244.44, -7.40, -2.94%), Amazon (AMZN 172.99, -4.90, -2.75%), and Boeing (BA 157.96, -4.19, -2.58%) are among today's top laggards.

Meanwhile, McDonald's (MCD 291.24, +3.27, +1.14%) is holding a decent lead atop the standings.

The DJIA is on pace to end the week -2.67% lower.

Elsewhere, at the top of the hour, Baker Hughes (BKR 33.82, -0.29, -0.85%) announced a weekly U.S. rotary rig count of 582, -1 w/w and -50 yr/yr.

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