Dow Falls 140 on Sluggish Volume Friday
Blue Chips Tumble After Solid ThursdayThree of the blue chip stocks that we traditionally watch to get a feel for the market, 3M (MMM), Goldman Sachs (GS), and UnitedHealth (UNH), were all down in trading today.
NVidia (NVDA) Down on Acquisition NewsShares of NVidia (NVDA) stock were down today, as the market weighed in on a recent big technology purchase from TransGaming, a Linux-based graphics library. NVidia will also release a high-end Windows 10 PC, and has several projects in the pipeline in order to get its earnings and growth back on track. In trading today, NVidia dipped nearly 3%, losing 0.59 points to close at $21.11 per share.
AAPL) was down 1.10% in trading today, dropping 1.42 points to close the day at $127.17. Google (GOOG) lost 2.28 points to close at $532.33. Microsoft (MSFT) dropped just over a percentage point to close the day's trading at $45.97 per share.
Energy Companies Still Lead In LossesRain or shine, bull or bear, one thing you can count on in the market right now is that energy companies will probably lead the day in losses. Today was no different, with CONSOL Energy (CNX) and Southwestern Energy (SWN) leading the Dow in losses on lower than average volume. CONSOL fell further, losing over 4% of its value in trading today. Southwestern was down as well, shedding 3.48%.
Published on Jun 12, 2015By Aaron Phillips