The Dow Jones Industrial Average shed another 33.45 points to finish at 12,598.55 Wednesday while the Nasdaq and S&P 500 lost 19.72 points and 5.86 points, respectively.
In economic news, the Federal Reserve said U.S. industrial production improved 1.1% in April, its strongest growth rate in more than a year after checking in virtually unchanged in February and March.
Meanwhile, new housing starts rose more than expected last month, jumping 2.6% to a seasonally adjusted annual rate of 717,000 units.
Here are some more details from Wednesday’s trading session:
Dow Jones Industrial Average:
- Down four consecutive trading days.
- Down 256.49 points, or 2.00%, over the four-day period.
- Largest four-day points and percentage decline since May 09, 2012.
- Down 10 of the past 11 trading days.
- Longest down streak of its kind since, October 2008.
- An intraday high of 12722.63 occurred at 10:21:23 today, representing an increase of 90.63 points, or 0.72%.
- An intraday low of 12597.34 occurred at 15:59:59 today, representing a decrease of 34.66 points, or 0.27%.
- Thirteen of the 30 component stocks rose, 17 fell.
- Today's top five contributors to The Dow's movement and their point contribution: IBM (5.22), GE (4.54), PG (4.31), MRK (3.71), MCD (3.18).
- Today's bottom five laggards: UTX (-7.49), CAT (-6.21), JPM (-5.90), AXP (-4.16), TRV (-4.09).
- Lowest closing value since January 18, 2012.
- Down 11.06% from its record close of 14164.53 on October 09, 2007.
- Up 92.43% from its 12-year closing low of 6547.05 on March 9, 2009.
- Up 0.31% from 52 weeks ago.
- Up 1.93% from its 2012 closing low of 12359.92 on January 06, 2012.
- Down 5.13% from its 52-week high of 13279.32 on May 01, 2012.
- Up 18.24% from its 52-week low of 10655.30 on October 03, 2011.
- Month-to-date: down 4.65%.
- Year-to-date: up 3.12%.
- DJIA crossed zero 26 times during today's trading session.
Dow Jones U.S. Total Stock Market Index:
13755.18, down 66.72 points, or 0.48%, or approximately $30.3 billion in market capitalization
- Down four consecutive trading days.
- Down 344.35 points, or 2.44%, over the four-day period.
- Largest four-day points and percentage decline since May 09, 2012.
- Down six of the past seven trading days.
- Lowest closing value since January 31, 2012.
- Down 12.64% (approximately $3.1 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Up 102.28% (approximately $8.1 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Down 2.02% from 52 weeks ago.
- Up 4.15% from its 2012 closing low of 13206.64 on January 04, 2012.
- Down 6.68% from its 52-week high of 14740.15 on April 02, 2012.
- Up 21.74% from its 52-week low of 11299.07 on October 03, 2011.
- Month-to-date: down 5.26%, or approximately $786 billion in market cap.
- Year-to-date: up 5.65%, or approximately $935 billion in market cap.
Data courtesy of Dow Jones Indexes.
