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Nike And Disney Lead The Dow Jones Higher To Close The Week

May 7, 2021 5:00 pm
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Nike And Disney Lead The Dow Jones Higher To Close The Week

U.S. indices were trading higher Friday following worse-than-expected jobs data, which has led to investor speculation the Fed will continue stimulus activity.

  • The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished at an all-time closing high, trading higher by 0.69% at $347.88.
  • The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) closed higher by 0.81% at $334.20.
  • The SPDR S&P 500 ETF Trust (NASDAQ:SPY) closed at an all-time closing high, trading high by 0.73% at $422.12.

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

Leaders were predominantly from consumer staples and industrials: Nike Inc (NYSE:NKE), Walt Disney Co (NYSE:DIS) and Boeing Co (NYSE:BA).

Meanwhile, the top laggards for the DIA were IBM (NYSE:IBM), Verizon Communications Inc. (NYSE:VZ) and Salesforce.com, inc. (NYSE:CRM).

Elsewhere On The Street

The COVID-19 pandemic is continuing to rage unabated. Just as countries across the globe were coming online from a protracted lockdown, the second and third wave of the pandemic is threatening to derail hopes of a return to a more normal way of life… Read More

When an issue falls out of favor with Wall Street, it's extremely hard to turn the tide even with an earnings beat and raised guidance. This scenario applies to DraftKings (NASDAQ:DKNG)… Read More

CleanSpark Inc. (NASDAQ:CLSK) shares gained more than 5% Friday after the company reported second-quarter EPS and sales results that were up year-over-year… Read More

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