The Dow Jones Industrial Average plunged another 274.88, or 2.2%, to close at 12,118.57 Friday as investors gave an authoritative thumbs-down to the latest batch of economic reports.
After rallying up 8.1% in the first quarter, the Dow has now given back all of its gains and finds itself in negative territory for the first time in 2012.
The Nasdaq lost another 79.86 points to end at 2,747.48 while the S&P 500 lopped off another 32.39 points, crashing through its 200-day moving average of 1,284 to close at 1,278.04.
Investors were most put off by a Bureau of Labor Statistics report that the U.S. economy created just 69,000 jobs in May – the fewest in a year –and the unemployment rate crept up to 8.2%.
Here are some more details from Friday’s trading session:
Dow Jones Industrial Average:
This week: down 336.26 points, or 2.70%
- Down four of the past five weeks.
- Down 8.39% over the five-week period.
Today: down 274.88 points, or 2.22%
- Largest one-day points and percentage decline since November 09, 2011.
- Down three consecutive trading days and four of the last five sessions.
- Down 462.12 points, or 3.67%, over the three-day period.
- Largest three-day points and percentage decline since November 23, 2011.
- All 30 component stocks closed down today; the last session where all 30 stocks traded lower was 05/04/2012.
- Today's top five contributors to The Dow's movement and their point contribution: PFE (-1.74), AA (-1.89), WMT (-2.04), T (-2.04), BAC (-2.50).
- Today's bottom five laggards: IBM (-28.91), MCD (-19.90), AXP (-18.16), BA (-17.94), CAT (-15.89).
- An intraday high of 12391.63 occurred at the open today.
- An intraday low of 12107.48 occurred at 15:41:25 today, representing a decrease of 285.97 points, or 2.31%.
- A new 2012 closing low.
- Lowest closing value since December 21, 2011.
- Down 14.44% from its record close of 14164.53 on October 09, 2007.
- Up 85.10% from its 12-year closing low of 6547.05 on March 9, 2009.
- Down 0.27% from 52 weeks ago.
- Down 8.74% from its 52-week high of 13279.32 on May 01, 2012.
- Up 13.73% from its 52-week low of 10655.30on October 03, 2011.
- Year-to-date: down 0.81%.
Dow Jones U.S. Total Stock Market Index:
13235.50
This week: down 438.01 points, or 3.20%, or approximately $411 billion in market capitalization
- Down four of the past five weeks.
- Down 9.26% over the five-week period.
Today: down 350.76 points, or 2.58%
- Down three consecutive trading days and four of the last five.
- Down 594.55 points, or 4.30%, over the three-day period.
- Largest three-day percentage decline since November 23, 2011.
- Largest three-day points decline since November 01, 2011.
- Largest one-day points and percentage decline since November 09, 2011.
- Lowest closing value since January 06, 2012.
- Down 15.94% (approximately $3.8 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Up 94.64% (approximately $7.4 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Down 2.88% from 52 weeks ago.
- Up 0.22% from its 2012 closing low of 13206.64 on January 04, 2012.
- Down 10.21% from its 52-week high of 14740.15 on April 02, 2012.
- Up 17.14% from its 52-week low of 11299.07 on October 03, 2011.
- Year-to-date: up 1.66%, or approximately $198 billion in market cap.
- Today's closing value is the fourth lowest so far this year.
Data courtesy of Dow Jones Indexes.
