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The Dow Jones Led The Major Indices Thursday. Why?


Benzinga | Mar 25, 2021 04:49PM EDT

The Dow Jones Led The Major Indices Thursday. Why?

The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) rose by 0.65% at $326.19, gaining for the first time in three sessions, as fears surrounding 10-year yields momentarily subsided Thursday. Yields held steady around 1.62% late in Thursday's trading session.

Meanwhile, the SPDR S&P 500 ETF Trust (NASDAQ:SPY) ended higher by 0.56% at $389.70. The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) finished lower by 0.17% at $311.33.

Here are the day's winners and losers from the DIA, according to data from Benzinga Pro.

Some of the leaders for the Dow Jones included the likes of Boeing Co (NYSE:BA), IBM (NYSE:IBM) and Cisco Systems Inc (NASDAQ:CSCO).

Boeing was trading higher by more than 3% on reports the company may resume 787 jet deliveries this week.

Laggards were borderline nonexistent, but among them were Microsoft Corporation (NASDAQ:MSFT), salesforce.com, inc. (NYSE:CRM) and Nike Inc (NYSE:NKE).

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* Nio (NYSE:NIO) sold the stamping line equipment that it had previously ordered to Tesla in order to maintain its capital chain during the most difficult period, the report quoted Nio's CEO William Li as saying in a recent interview with Chinese media... Read More

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