The major US stock indices are closing the day with mixed results. The Dow industrial average and S&P index are both up for the 4th in 5 trading days. The NASDAQ index closed lower. It is a 2nd consecutive down day for the NASDAQ index. The Russell 2000 moved higher.
The final numbers are showing:
- Dow industrial average up 90.75 points or 0.28% at 31990.03
- S&P index up 5.19 points or 0.13% at 3966.83
- NASDAQ index down -51.44 points or -0.43% at 11782.68
- Russell 2000 up 10.89 points or 0.60% at 1817.77
Looking at the Dow 30 stocks, the gains were led by:
- Chevron, +3.04%
- Travelers +2.31%
- Caterpillar +1.78%
- UnitedHealth, +1.52%
- Dow, +1.3%
The losers in the Dow today included:
- Salesforce, -2.84%
- McDonald's, -1.33%
- Boeing, -0.9%
- Apple, -0.74%
- Microsoft -0.59%
Looking at the S&P sectors, 3 sectors were lower while 8 rose. The losers today included:
- consumer discretionary is -0.85%
- technology -0.61%
- communication services -0.28%
The biggest gainers in the S&P today included:
- energy +3.71%
- utilities +1.26%
- financials +0.65%
After the close Walmart has lowered its profit projections for the 2nd quarter and fiscal year.
- operating to be about 4.2% for Q2 and 3.8% – 3.9% for fiscal year 2023
- expects a $1.8 billion headwind in 2nd half of 2022
- operating income for the Q2 and fiscal year is expected to decline 13 to 14% and 11 to 13%
