Dow Jones nosedive: Where are the winners and losers?
The Dow Jones lost 0.74% on November 15, 2024 and was trading at 43,426.72 points. Current developments and top stocks at a glance.
Dow Jones nosedive: Where are the winners and losers?
The Dow Jones suffered a severe setback on Friday, November 15, 2024. At 5:59 p.m., the index fell 0.74 percent to 43,426.72 points, pushing the market capitalization to an impressive 18.568 trillion euros. At the start of trading, the Dow Jones started optimistically with an increase of 0.643 percent at 44,032.38 points after closing at 43,750.86 points the day before. These dramatic fluctuations show how unpredictable the markets are currently, as well finanzen.ch reported.
During the day, the index reached an intraday high of 43,647.53 points but fell to a low of 43,406.05 points. This volatility is not new; Compared to a month ago, when the Dow Jones was at 42,740.42 points, and three months ago, when it was at 40,563.06 points, there is a clear downward trend. However, compared to the previous year, when the index was still at 34,991.21 points, it has recorded an increase of 15.14 percent since the beginning of the year.
Top and flop in the Dow Jones
The current situation in the Dow Jones is characterized by strong winners and losers. The risers include Walt Disney, up 3.32 percent to $112.74, Procter & Gamble, up 1.36 percent to $169.35, and Johnson & Johnson, which rose 1.14 percent to $153.60. On the other hand, the flops-Amgen lost 5.08 percent to $280.90, while Amazon fell 3.87 percent to $203.30. NVIDIA and Microsoft also suffered declines, highlighting the uncertainty in the market.
Particularly striking is NVIDIA stock, which is attracting the most attention with a trading volume of over 19 million shares. Its market capitalization of 3.398 trillion euros makes it a heavyweight in the index. The price-earnings ratio (P/E ratio) of Dow Jones stocks shows that Verizon has the lowest values with a P/E ratio of 9.02 and attracts investors with a dividend yield of 6.49 percent.
Market forecasts and investor behavior
Uncertainty in the markets is palpable and analysts are advising investors to exercise caution. How Google Finance notes, it is important not only to rely on current prices, but also to keep an eye on long-term trends. Markets are volatile and it is crucial to make informed decisions before investing in stocks.
Overall, the Dow Jones shows that it is in a constant state of ups and downs, which presents both risks and opportunities for investors. The coming days will be crucial to see whether the index can stabilize or whether further declines are at risk. Market participants are excited about the next developments and hope for a positive turnaround.