Stock Market Update
05-Jun-26 13:30 ET
Dow Drops 400 Points as IBM, Nvidia Lead Blue-Chip Declines
Dow -401.29
at 51160.64,
Nasdaq -790.83
at 26061.12,
S&P -134.67
at 7449.64
[BRIEFING.COM] The Dow Jones Industrial Average (-0.78%) is in "first" place on Friday afternoon, down about 401 points with more aggressive losses being had elsewhere.
A look inside the DJIA shows that IBM (IBM 283.40, -18.37, -6.09%), Cisco (CSCO 123.98, -6.02, -4.63%), and NVIDIA (NVDA 207.78, -10.88, -4.98%) are trading firmly lower.
Meanwhile, Procter & Gamble (PG 146.68, +5.90, +4.19%) is today's top gain getter.
The DJIA is poised to end about +0.25% higher this week.
Also, at the top of the hour, Baker Hughes (BKR 64.03, -2.08, -3.15%) announced a weekly U.S. rotary rig count of 563, +1 w/w and +4 yr/yr.
