Stock Market Update
08-May-26 13:25 ET
Dow Slips From Early Gains as Salesforce, McDonald’s Weigh; Cisco Leads DJIA Higher This Week
Dow -13.52
at 49583.45,
Nasdaq +406.88
at 26213.07,
S&P +62.33
at 7399.44
[BRIEFING.COM] The Dow Jones Industrial Average (-0.03%) now sits 14 points lower on the session, well off highs having been up more than 230 points at one point this morning.
A look inside the DJIA shows that Salesforce (CRM 181.23, -5.11, -2.74%), McDonald's (MCD 277.29, -6.41, -2.26%), JPMorgan Chase (JPM 300.91, -5.36, -1.75%) are underperforming.
Meanwhile, Cisco (CSCO 96.79, +4.63, +5.02%) holds firm atop the standings.
The DJIA is poised to end the week +0.67% higher.
Also, at the top of the hour, Baker Hughes (BKR 64.05, +0.52, +0.82%) announced a weekly U.S. rotary rig count of 548, +1 w/w and -30 yr/yr.
