Stock Market Update
02-May-25 13:30 ET
Dow up 525+ points but trails peers; CAT, AXP, MSFT lead as Apple drags
Dow +528.21
at 41280.31,
Nasdaq +278.95
at 17989.69,
S&P +79.54
at 5683.68
[BRIEFING.COM] The Dow Jones Industrial Average (+1.30%) is in last place among the major averages yet holds gains of more than 525 points, illustrating the point that there are more aggressive gains elsewhere.
A look inside the DJIA shows that Caterpillar (CAT 323.93, +9.97, +3.18%), American Express (AXP 276.89, +8.35, +3.11%), and Microsoft (MSFT 436.66, +11.26, +2.65%) hold gains atop the standings.
Meanwhile, Apple (AAPL 204.49, -8.83, -4.14%) is underperforming.
The DJIA is up +2.9% week-to-date.
Elsewhere, at the top of the hour, Baker Hughes (BKR 37.07, +0.88, +2.43%) announced a weekly U.S. rotary rig count of 584, -3 w/w and -21 yr/yr.
