US Stocks: A Look at the Market's Performance in May

US Stocks: A Look at the Market's Performance in May

The U.S. stock market has had a positive start in May, with the Dow Jones Industrial Average rising 450 points on Friday. This is a significant improvement from the market's performance in April, which saw the Dow fall by over 1,000 points. The market's upbeat start in May can be attributed to a number of factors, including the economic news and the stocks that performed well on Friday.

Economic News

The U.S. economy continues to show signs of strength, despite the ongoing coronavirus pandemic. The jobs report released on Friday showed that the U.S. economy added fewer jobs than expected, but the report also indicated that the economy is still growing. Investors were optimistic about the possibility of rate cuts this year, which could help to stimulate the economy.

Stock Performance

Apple (AAPL) and Amgen (AMGN) were two of the biggest gainers on the Dow Jones Industrial Average on Friday. Apple shares finished 6% higher after the company announced better-than-expected earnings and a $110 billion stock buyback program. Amgen, which was the biggest gainer on each of the three major indexes, surged nearly 12% after the biopharmaceutical giant posted quarterly earnings that came in ahead of expectations and provided a positive update about trials of its injectable weight-loss drug MariTide.

Conclusion

In summary, the U.S. stock market has had a positive start in May, with the Dow Jones Industrial Average rising 450 points on Friday. The market's upbeat start can be attributed to a number of factors, including the economic news and the stocks that performed well on Friday. Apple and Amgen were two of the biggest gainers on the Dow, and their positive performance can be attributed to their earnings reports and updates on their respective products. Overall, the U.S. stock market appears to be in a positive position heading into the second half of the year.

FAQ's

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Apple Inc.
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SPDR S&P 500 ETF Trust
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AT&T Inc.
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Eldorado Gold
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Wheaton Precious Metals
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McDonald's Corporation
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$85.15
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Merck & Co., Inc.
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Vanguard FTSE Emerging Markets ETF
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Pfizer Inc.
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1.49% ($0.65)
Verizon Communications Inc.
10:45 AM
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BA
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Boeing Company
10:15 AM
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Royal Gold Inc.
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Cisco Systems, Inc.
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PayPal Holdings, Inc.
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VanEck Gold Miners
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SPDR Gold Trust
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Salesforce.com, inc.
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Honeywell International Inc.
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Endeavour Silver
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Agnico Eagle Mines
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Johnson & Johnson
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Mastercard Incorporated
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VanEck Junior Gold Miners
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NVIDIA Corporation
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Netflix, Inc.
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Adobe Inc.
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Altair Engineering Inc.
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Applied Materials, Inc.
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Amgen Inc.
10:30 AM
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Biogen Inc.
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CECO Environmental Corp.
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Check Point Software Technologies Ltd.
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Costco Wholesale Corporation
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Cintas Corporation
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Dell Technologies Inc. Class C
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Dollar Tree, Inc.
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$92.46
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eBay Inc.
8:00 AM
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Expeditors International of Washington, Inc.
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Fastenal Company
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Flex Ltd.
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Gilead Sciences, Inc.
8:00 AM
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Gentex Corporation
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Garmin Ltd.
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$69.55
HSIC
3.17% ($2.14)
Henry Schein, Inc.
8:00 AM
$660.52
INTU
0.65% ($4.26)
Intuit Inc.
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Juniper Networks, Inc.
12:00 AM
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KLAC
2.86% ($26.65)
KLA Corporation
8:00 AM
$128.82
LAMR
1.75% ($2.22)
Lamar Advertising Company
8:00 AM
$115.58
LRCX
7.66% ($8.22)
Lam Research Corporation
8:00 AM
$65.02
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0.43% ($0.28)
Microchip Technology Incorporated
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$28.52
MEDI
1.16% ($0.33)
Harbor
8:00 AM
$66.59
MRVL
-0.76% (-$0.51)
Marvell Technology, Inc.
10:15 AM
$125.09
NTAP
1.26% ($1.56)
NetApp, Inc.
8:00 AM
$135.46
PAYX
1.80% ($2.39)
Paychex, Inc.
8:00 AM
$101.76
PCAR
3.14% ($3.10)
PACCAR Inc.
8:00 AM
$31.33
PDCO
0.00% (-$0.00)
Patterson Companies, Inc.
12:00 AM
$5.56
PTEN
1.65% ($0.09)
Patterson-UTI Energy, Inc.
8:00 AM
$161.51
QCOM
1.61% ($2.56)
QUALCOMM Incorporated
8:00 AM
$151.10
ROST
1.25% ($1.86)
Ross Stores, Inc.
8:00 AM
$59.82
RYAAY
1.79% ($1.05)
Ryanair Holdings plc
8:00 AM
$116.75
SANM
0.73% ($0.85)
Sanmina Corporation
4:10 PM
$90.67
SBUX
-2.25% (-$2.09)
Starbucks Corporation
4:10 PM
$642.13
SNPS
-0.50% (-$3.22)
Synopsys, Inc.
4:10 PM
$638.00
SPOT
-1.92% (-$12.47)
Spotify Technology S.A. Ordinary
4:10 PM
$16.00
TEVA
-4.90% (-$0.83)
Teva Pharmaceutical Industries Limited American Depositary
4:10 PM
$265.79
VRSN
-0.45% (-$1.20)
VeriSign, Inc.
4:10 PM
$195.74
VRTS
-0.52% (-$1.02)
Virtus Investment Partners, Inc.
4:10 PM
$14.65
XRAY
-5.27% (-$0.82)
DENTSPLY SIRONA Inc.
4:10 PM
$
BRK.B
% (-$)
Berkshire Hathaway Inc. New
$47.51
BAC
-0.95% (-$0.45)
Bank of America Corporation
4:10 PM
$144.23
PEP
1.10% ($1.57)
PepsiCo, Inc.
8:00 AM
$132.65
ABT
2.54% ($3.29)
Abbott Laboratories
8:20 AM
$491.41
TMO
3.12% ($14.87)
Thermo Fisher Scientific Inc
10:05 AM
$359.63
AVGO
-2.69% (-$9.94)
Broadcom Inc.
8:00 AM
$244.15
ACN
0.43% ($1.04)
Accenture plc
10:05 AM
$756.28
LLY
0.22% ($1.66)
Eli Lilly and Company
10:15 AM
$195.16
DHR
1.33% ($2.57)
Danaher Corporation
10:55 AM
$94.25
MDT
2.09% ($1.93)
Medtronic plc. Ordinary
10:15 AM
$71.32
NEE
0.39% ($0.28)
NextEra Energy, Inc.
10:55 AM
$184.35
TXN
0.18% ($0.34)
Texas Instruments Incorporated
8:00 AM
$483.59
LIN
2.30% ($10.89)
Linde plc
8:00 AM
$47.54
BMY
0.83% ($0.39)
Bristol-Myers Squibb Company
10:25 AM
$81.25
WFC
1.18% ($0.95)
Wells Fargo & Company
10:45 AM
$167.90
PM
1.57% ($2.59)
Philip Morris International Inc
10:30 AM
$216.04
UNP
0.39% ($0.85)
Union Pacific Corporation
9:35 AM
$257.01
IBM
0.05% ($0.13)
International Business Machines Corporation
10:55 AM
$156.48
MS
1.53% ($2.36)
Morgan Stanley
10:30 AM
$281.56
GE
-0.65% (-$1.85)
GE Aerospace
10:40 AM
$431.38
CAT
2.00% ($8.47)
Caterpillar, Inc.
10:55 AM
$1134.18
BLK
2.84% ($31.29)
BlackRock, Inc.
10:20 AM
$66.36
MO
0.20% ($0.13)
Altria Group, Inc.
10:50 AM
$84.65
UPS
0.95% ($0.80)
United Parcel Service, Inc.
10:25 AM
$476.46
DE
1.08% ($5.11)
Deere & Company
10:20 AM
$98.82
C
1.70% ($1.65)
Citigroup, Inc.
10:55 AM
$470.73
LMT
1.48% ($6.86)
Lockheed Martin Corporation
10:35 AM
$157.65
RTX
1.71% ($2.65)
RTX Corporation
10:15 AM
$67.71
FIS
2.02% ($1.34)
Fidelity National Information Services, Inc.
8:20 AM
$455.85
ISRG
1.30% ($5.87)
Intuitive Surgical, Inc.
8:00 AM
$388.79
SYK
1.52% ($5.82)
Stryker Corporation
8:35 AM
$93.94
SCHW
1.84% ($1.70)
Charles Schwab Corporation (The)
8:35 AM
$305.87
CI
1.13% ($3.43)
The Cigna Group
8:55 AM
$397.37
VRTX
2.27% ($8.82)
Vertex Pharmaceuticals Incorporated
8:00 AM
$190.56
BDX
1.13% ($2.13)
Becton, Dickinson and Company
8:20 AM
$550.88
SPGI
2.04% ($10.99)
S&P Global Inc.
10:50 AM
$150.57
MU
7.55% ($10.57)
Micron Technology, Inc.
8:00 AM
$202.75
PNC
0.43% ($0.86)
PNC Financial Services Group, Inc.
10:50 AM
$11.76
F
2.98% ($0.34)
Ford Motor Company
10:10 AM
$91.52
TGT
0.82% ($0.74)
Target Corporation
10:25 AM
$298.03
ADP
1.93% ($5.64)
Automatic Data Processing, Inc.
8:00 AM
$86.81
EL
-0.71% (-$0.62)
Estee Lauder Companies, Inc.
10:50 AM
$272.40
LOW
2.19% ($5.85)
Lowe's Companies, Inc.
10:30 AM
$94.13
COP
-0.20% (-$0.19)
ConocoPhillips
9:25 AM
$282.89
CB
1.96% ($5.44)
Chubb Limited
9:25 AM
$62.05
MDLZ
-0.35% (-$0.22)
Mondelez International, Inc.
8:00 AM
$120.00
EOG
-0.22% (-$0.26)
EOG Resources, Inc.
8:25 AM
$140.83
TJX
0.69% ($0.97)
TJX Companies, Inc.
10:35 AM
$5498.00
BKNG
0.42% ($23.19)
Booking Holdings Inc.
8:00 AM
$78.72
AIG
0.92% ($0.72)
American International Group, Inc.
9:05 AM
$58.71
GM
2.39% ($1.37)
General Motors Company
10:55 AM
$60.44
DAL
-1.55% (-$0.95)
Delta Air Lines, Inc.
10:50 AM
$104.26
ZBH
1.92% ($1.96)
Zimmer Biomet Holdings, Inc.
9:35 AM
$84.06
CL
1.03% ($0.86)
Colgate-Palmolive Company
10:55 AM
$518.70
MCO
2.49% ($12.62)
Moody's Corporation
10:45 AM
$80.34
MET
1.40% ($1.11)
MetLife, Inc.
9:15 AM
$28.34
HPQ
-0.11% (-$0.03)
HP Inc.
9:20 AM
$38.20
FMC
3.61% ($1.33)
FMC Corporation
8:20 AM
$129.47
KMB
1.14% ($1.46)
Kimberly-Clark Corporation
8:00 AM
$61.42
ADM
0.02% ($0.01)
Archer-Daniels-Midland Company
9:05 AM
$105.39
DG
-1.01% (-$1.08)
Dollar General Corporation
9:10 AM
$278.72
HUM
1.88% ($5.14)
Humana Inc.
10:25 AM
$164.36
PLTR
-1.43% (-$2.38)
Palantir Technologies Inc.
8:00 AM