The Dow Jones Industrial Average fell another 26.41 points to end at 12,393.45 Thursday, wrapping up its worst May performance since 2010.
The Nasdaq didn’t do much better, posting a loss of 10.02 points to close at 2,827.34 while the S&P 500 shed 2.99 points to finish at 1,310.33.
Investors weren’t impressed by the Labor Department’s report that weekly unemployment claims jumped by 10,000 claims to a seasonally adjusted total of 383,000 – the fourth consecutive week that figure has increased.
Also, the Commerce Department checked in with news that U.S. economy grew a slower-than-expected pace in the first quarter with GDP improving at a 1.9% annual rate.
Here are some more details from Thursday’s trading session:
Dow Jones Industrial Average:
This month: down 820.18 points, or 6.21%
- This month’s drop snaps a seven-month win streak.
- Largest monthly points and percentage drop since May 2010.
- Worst May performance (points and percentage) since 2010.
- Second largest May points drop in its history.
- Ranks #13 in worst May percentage performance in the DJIA’s history.
Today: down 26.41 points, or 0.21%
- Down two consecutive trading days.
- Down 187.24 points, or 1.49%, over the two-day period.
- Largest two-day points and percentage decline since May 18, 2012.
- Down 17 of the past 21 trading days.
- An intraday high of 12489.87 occurred at 15:38:22 today, representing an increase of 70.01 points, or 0.56%.
- An intraday low of 12316.48 occurred at 11:05:43 today, representing a decrease of 103.38 points, or 0.83%.
- Fourteen of the 30 component stocks rose, 16 fell.
- Today's top five contributors to The Dow's movement and their point contribution: CVX (5.15), TRV (4.54), DIS (3.86), WMT (2.88), AXP (2.80).
- Today's bottom five laggards: CAT (-19.37), IBM (-12.34), XOM (-8.78), HD (-2.80), KO (-2.50).
- Lowest closing value since May 18, 2012.
- Down 12.50% from its record close of 14164.53 on October 09, 2007.
- Up 89.30% from its 12-year closing low of 6547.05 on March 9, 2009.
- Up 1.18% from 52 weeks ago.
- Up 0.27% from its 2012 closing low of 12359.92 on January 06, 2012.
- Down 6.67% from its 52-week high of 13279.32 on May 01, 2012.
- Up 16.31% from its 52-week low of 10655.30 on October 03, 2011.
- Year-to-date: up 1.44%.
- Today's closing value is the fourth lowest so far this year.
- DJIA crossed zero 44 times during today's trading session.
- Had only five days of gain this month/May – the last time this occurred was in January 1968.
Dow Jones U.S. Total Stock Market Index:
This month: down 932.38 points, or 6.42%, or approximately $1.1 trillion in market capitalization
- Down two consecutive months.
- Down 1,041.20 points, or 7.12%, over the two-month period.
- Worst month since September 2011.
- Worst May month since 2010.
Today: down 31.93 points, or 0.23%, or approximately $36.6 billion in market cap
- Down two consecutive trading days.
- Down 243.79 points, or 1.76%, over the two-day period.
- Largest two-day points and percentage decline since May 18, 2012.
- Down three of the past four trading days.
- Lowest closing value since May 18, 2012.
- Down 13.71% (approximately $3.4 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Up 99.80% (approximately $7.8 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Down 1.35% from 52 weeks ago.
- Up 2.87% from its 2012 closing low of 13206.64 on January 04, 2012.
- Down 7.83% from its 52-week high of 14740.15 on April 02, 2012.
- Up 20.24% from its 52-week low of 11299.07 on October 03, 2011.
- Year-to-date: up 4.35%, or approximately $610 billion in market cap.
Data courtesy of Dow Jones Indexes.
