Dow Slips
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The Dow Jones Industrial Average is on the verge of another big milestone and could continue to climb as the rally broadens.
Wall Street's major averages were mixed, with the Dow Jones (DJI) pushing for gains, while the other indexes struggled on Thursday, as investors assessed a slew of mixed job reports. The benchmark S&P 500 (SP500) was last -0.
While the Dow Jones recovered more than 50% of the fall seen on Wednesday, the Russell 2000 has now seen its second-best outperformance versus the Nasdaq to start the year, on record.
Stocks advanced further Tuesday, a day after major equities indexes ended sharply higher following the weekend capture of Venezuelan president Nicolás Maduro.
Dow Jones and Polymarket said Wednesday that they signed an exclusive agreement under which Polymarket’s real-time prediction market data will be made available across Dow Jones’ US financial media properties. Financial terms of the deal were not disclosed.
The Dow jumped nearly 600 points, or 1.2%, to close slightly below 49,000 after hitting a new intraday high of 49,209 earlier in the session, while the S&P 500 and Nasdaq rose 0.6% and 0.7%, respectively.
High-yielding Dow stocks outperformed the broader market this year. Will new Dow dogs Home Depot, Nike, and UnitedHealth keep the streak going?
News Corp's Dow Jones said on Wednesday it had signed an exclusive deal with Polymarket to bring real-time prediction market data to its outlets including The Wall Street Journal, Barron's and MarketWatch.
Despite a more than 14% year-to-date gain in the Dow Jones Industrial Average as of market close on Dec. 26, there are five Dow stocks that are down 10% or more in 2025: Home Depot ( HD 0.65%), Procter & Gamble ( PG 0.51%), Nike ( NKE +4.12%), Salesforce ( CRM 0.38%), and UnitedHealth Group ( UNH 0.62%).
Shares of Nike and Home Depot are trading higher Thursday afternoon, sending the Dow Jones Industrial Average into positive territory. The Dow is trading 220 points (0.4%) higher, as shares of Nike and Home Depot have contributed to the index's intraday rally.