{"id":11355,"date":"2021-06-30T18:54:32","date_gmt":"2021-06-30T18:54:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/30\/u-s-stocks-turning-in-mixed-performance-dow-rises-185-pts\/"},"modified":"2021-06-30T18:54:32","modified_gmt":"2021-06-30T18:54:32","slug":"u-s-stocks-turning-in-mixed-performance-dow-rises-185-pts","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/30\/u-s-stocks-turning-in-mixed-performance-dow-rises-185-pts\/","title":{"rendered":"U.S. Stocks Turning In Mixed Performance; Dow Rises 185 Pts"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The major U.S. averages are turning in a mixed performance Wednesday afternoon, with the Dow surging higher, while the Nasdaq and S&amp;P 500 struggling to move above the flat line.<\/p>\n<p>Several components of the Dow are gaining some ground today, rebounding from recent losses, while profit taking in some <span class=\"landLinks\">technology<\/span> stocks is weighing on the Nasdaq Composite Index.<\/p>\n<p>Investors, reacting to data on private sector employment, pending home sales and the reading on Chicago Business Barometer, are looking ahead to crucial non-farm payrolls data for direction.<\/p>\n<p>The surge in infections due to the delta variant of the <span class=\"landLinks\">coronavirus<\/span>, and curbs on travel in several countries have raised some uncertainty about the pace of global economic rebound, contributing to the cautious mood in the market.<\/p>\n<p>The Dow is up 184.65 points or 0.54 percent 34,476.94, slightly off the session&#8217;s high of 34,491.92. The S&amp;P 500 is up 2.88 points or 0.07 percent 4,294.68, while the Nasdaq is down 18.65 points or 0.13% at 14,509.68.<\/p>\n<p>Goldman Sachs is surging up 1.9 percent. Citigroup and Morgan Stanley are up with moderate gains. <\/p>\n<p>Walmart is gaining nearly 3 percent, General Electric is up 2.5 percent and Boeing is moving up nearly 2 percent. Walt Disney, Merck and 3M are also up with solid gains.<\/p>\n<p>Technology stocks Alphabet, Apple, Microsoft, Amazon and Facebook are down in negative territory<\/p>\n<p>Data from Automatic Data Processing, Inc. (ADP) showed private <span class=\"landLinks\">business<\/span> in the U.S. hired 692,000 workers in the month of June, higher than an expected addition of 600,000. However, the hiring in June was much below a downwardly revised 886,000 job additions in May.<\/p>\n<p>According to a report released by the Institute for Supply Management (ISM), the MNI Chicago Business Barometer came in with a reading of 66.1 for June, down from a score of 75.2 in the previous month.<\/p>\n<p>Data released by the National Association of Realtors (NAR) showed pending home sales in the U.S. increased by 13.1% year-on-year in May, after soaring by a record 51.7% in April. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>U.S. Stocks Turning In Mixed Performance; Dow Rises 185 Pts<\/a><br \/>\n<br \/>2021-06-30 18:54:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The major U.S. averages are turning in a mixed performance Wednesday afternoon, with the Dow surging higher, while the Nasdaq and S&amp;P 500 struggling to move above the flat line&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":11356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-11355","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=11355"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11356"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}