Stock Market Update

09-May-25 13:30 ET
Dow slips as IBM, UNH, Amgen weigh; Boeing gains, weekly rig count declines
Dow -138.42 at 41230.03, Nasdaq -22.87 at 17905.27, S&P -7.11 at 5656.83

[BRIEFING.COM] The Dow Jones Industrial Average (-0.33%) is down more than 138 points on Friday afternoon, slightly higher off levels from half an hour ago.

A look inside the DJIA shows that IBM (IBM 248.59, -3.87, -1.53%), UnitedHealth (UNH 379.78, -5.77, -1.50%), and Amgen (AMGN 269.00, -3.05, -1.12%) are underperforming.

Meanwhile, Boeing (BA 194.40, +2.70, +1.41%) is decently higher.

The DJIA is on pace to lose -0.21% this week.

Elsewhere, at the top of the hour, Baker Hughes (BKR 36.70, +0.45, +1.24%) announced a weekly U.S. rotary rig count of 578, -6 w/w and -25 yr/yr.

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