Disney And Chevron Lead The Dow Jones Higher Friday


The market was mixed Friday as stocks continue to rebound following weakness earlier in the week.

U.S. indices were trading lower earlier this week amid continued weakness in tech stocks as investors weigh the Fed's April minutes. Inflation and concerns of future rate hikes have also weighed on investor sentiment recently.

  • The SPDR Dow Jones Industrial Average ETF Trust DIA finished higher by 0.36% to $342.02.
  • The SPDR S&P 500 ETF Trust SPY lost 0.08% to $414.94.
  • The Invesco QQQ Trust Series 1 QQQ fell by 0.55% to $327.01.

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

Gainers for the DIA included Boeing Co BA, Walt Disney Co DIS and Chevron Corporation CVX.

Boeing shares were trading higher following reports the company is discussing plans to raise 737 MAX output. Citigroup maintained a Neutral rating on the stock and raised its price target from $200 to $240.

Apple Inc AAPL, Merck & Co., Inc. MRK and Cisco Systems Inc CSCO were among the names that lost the most ground.

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