The Dow Jones Industrial Average lost 48.59 points Wednesday to close at 12,604.52 while the Nasdaq and S&P 500 shed 14.35 points and 0.02 points, respectively.
In economic news, the Commerce Department reported the U.S. trade deficit narrowed 3.8% in May to $48.7 billion – in line with most economists’ forecasts. Meanwhile, wholesale inventories rose 0.3% in May after jumping 0.6% in April.
Here are some more details from Wednesday’s trading session:
Dow Jones Industrial Average:
- Down five consecutive trading days.
- Down 339.29 points, or 2.62%, over the five-day period.
- Down six of the past seven trading days.
- Lowest closing value since June 28, 2012.
- An intraday high of 12661.97 occurred at 09:30:16 today, representing an increase of 8.85, or 0.07%.
- An intraday low of 12534.33 occurred at 14:33:16 today, representing a decrease of 118.79, or 0.94%.
- Nine of the 30 stocks rose, 21 fell.
- Today's top five contributors to The Dow's movement and their point contribution: XOM (9.61), CVX (7.34), HPQ (4.39), JPM (2.57), VZ (1.51).
- Today's bottom five laggards and their point contribution: BA (-12.87), UTX (-12.41), IBM (-7.64), MCD (-5.45), TRV (-5.15).
- Down 11.01% from its record close of 14164.53 on October 09, 2007.
- Up 0.90% from 52 weeks ago.
- Up 4.16% from its 2012 closing low of 12101.46 on June 04, 2012.
- Off 5.08% from its 52-week high of 13279.32 on May 01, 2012.
- Up 18.29% from its 52-week low of 10655.30 on October 03, 2011.
- Month-to-date: down 2.14%.
- Year-to-date: up 3.17%.
Dow Jones U.S. Total Stock Market Index:
13896.43, down 9.08 points, or 0.07%, or approximately $14.7 billion in market capitalization
- Down five consecutive trading days.
- Down 356.77 points, or 2.50%, over the five-day period.
- Down six of the past nine trading days.
- Lowest closing value since June 28, 2012.
- Down 11.74% (approximately $3.1 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Up 104.36% (approximately $8.1 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Up 0.44% from 52 weeks ago.
- Up 5.22% from its 2012 closing low of 13206.64 on January 04, 2012.
- Down 5.72% from its 52-week high of 14740.15 on April 02, 2012.
- Up 22.99% from its 52-week low of 11299.07 on October 03, 2011.
- Month-to-date: down 1.45% (rounded), or approximately $246 billion in market cap.
- Year-to-date: up 6.74%, or approximately $955 billion in market cap.
Data courtesy of Dow Jones Indexes.