economy
Tuesday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session
The Dow rose more than 300 points on Monday to post its first close above 52,000. Alphabet, a new addition to the 30-stock index, jumped almost 5%.
TL;DR
- Alphabet joined the Dow Industrials, causing its stock to jump.
- Nike's stock has declined significantly over the past three months and year.
- Constellation Brands, a beer maker, is also down in the past three months.
- The S&P utilities sector is the second-best performer in the past week, with NRG Energy, American Electric Power, Pinnacle West, Eversource, and Edison showing gains.
- Natural gas futures have decreased in the last week.
- Roundhill Memory ETF (DRAM) and VanEck Semiconductor ETF (SMH) hit new highs but have since fallen.
- The S&P healthcare sector hit a new high, with significant gains for Moderna, Bio-Techne, Humana, Charles River Labs, and Cardinal Health.
- The S&P airlines industry also hit a new high, with Southwest Airlines, United, Delta, and American showing double-digit gains in a month.
- Microsoft's stock has fallen 18% in June, despite an analyst's positive outlook.