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Market Overview

The Dow Jones Was Mixed Today. Here's Why.

The Dow Jones Was Mixed Today. Here's Why.

The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) finished slightly lower Monday, with the ETF closing at $337.55, down 0.09%. 

The major indices were trading lower as the yield on the 10-year Treasury note climbed around 1.68% in afternoon trading.

Thanks to a strong last hour of trading, the SPDR S&P 500 ETF Trust (NASDAQ: SPY) managed to finish higher by 0.04% at $411.64. The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) closed slightly lower Monday by 0.13% at $336.67.

Here are the day's winners and losers from the Dow Jones, according to data from Benzinga Pro.

The leaders for the Dow Jones Monday were scarce, but among them were Dow Inc (NYSE: DOW), Walgreens Boots Alliance Inc (NASDAQ: WBA) and Nike Inc (NYSE: NKE).

Meanwhile, Boeing Co (NYSE: BA) Apple Inc (NASDAQ: AAPL) and Intel Corporation (NASDAQ: INTC).

Shares of several semiconductor companies like Intel were trading lower Monday, potentially in reaction to a White House summit to address a semiconductor shortage. Some companies in the sector may also be reacting to competitor NVIDIA Corporation's (NASDAQ: NVDA) announcements amid its analyst day event. 

Elsewhere On The Street

  • The cryptocurrency market continues to grow in terms of market capitalization, standing at $2.07 trillion as of press time. This compares with Apple’s valuation of around $2.23 trillion … Read More
  • Although Tesla Inc’s (NASDAQ: TSLA) stock valuation is rich, the company seems to have crossed the electric vehicle chasm and is now aggressively foraying into storage, according to Canaccord Genuity … Read More
  • GameStop Corp. (NYSE: GME) may soon be venturing into the field of cryptocurrencies and non-fungible tokens. GameStop placed an advertisement on its website Thursday for a security analyst who will be responsible for monitoring … Read More

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