This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Chevron, Microsoft, HP: Dow Movers

Stocks in this article: ^DJI MSFT HPQ WMT CVX JPM


NEW YORK ( TheStreet) -- U.S. stocks finished Friday down as Facebook (FB) made its public debut.

The Dow Jones Industrial Average dropped 73.11 points, or 0.59%, to close at 12,369.38. The S&P 500 fell 9.64 points to settle at 1,295.22 and the Nasdaq Composite lost 34.9 points to finish at 1,295.22.

Breadth within the Dow was negative with 20 of the index's 30 components posting losses.

The biggest decliners in the index were Chevron (CVX), Microsoft (MSFT - Get Report) and Hewlett-Packard (HPQ - Get Report).

HP's shares fell 2.72% to $21.46. The technology company is planning to lay off up to 30,000 employees, or 10%, of its work force, according to reports.

The stock has declined 16.69% year to date.

Chevron shares fell 1.68% to $98.46. The stock has fallen 7.46% year to date.

Shares of Microsoft dropped 1.51% to $29.27. The stock has risen 12.75% year to date.

Though not one of the biggest laggards, shares of JPMorgan lost 1.3% to $33.49. The Wall Street Journal reported the bank may eventually lose about $5 billion from a credit derivatives trade that went awry. Initially, the loss from the trade was estimated at about $2 billion.

The bank's stock has risen 24 cents, or 0.72%, year to date.

The biggest gainer in the index was Wal-Mart (WMT - Get Report)

Shares of Wal-Mart rose 1.22% to $62.43. The retailer reported first-quarter earnings Thursday of $3.74 billion, or $1.09 a share, up from year-earlier earnings of $3.39 billion, or 97 cents a share.

Wal-Mart's stock has risen 4.47% year to date.

-- Written by Alexandra Zendrian in New York.

>To contact the writer of this article, click here: Alexandra Zendrian.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs