The Dow Jones industrial average closed a record on Wednesday amid a stagnant push to increase stimulus payments for most Americans to $ 2,000 and the UK’s approval of a second coronavirus vaccine .
The Dow Jones Industrial Average rose 74 points, 0.24%, to close at 30,409, while the S&P 500 rose 0.13% and the Nasdaq rose 0.15%.
These are the biggest declines in the Dow Jones industrial average on Wednesday for yields in percentage change at the close of regular trading.
1. Intel INTC | 1.30% drop
Wednesday, Intel shares (INTC) – Get the report he declined after Morgan Stanley analyst Joseph Moore said next year will be a challenge for the chip maker, Barron reported. Intel’s well-documented manufacturing issues remain the company’s most pressing concern, Moore wrote. Moore said Intel must fully commit to giving up most of its advanced manufacturing or figuring out how to manufacture the most advanced chips. Intel shares have fallen more than 18% this year.
2. Verizon VZ | 1.14% drop
Wednesday, Verizon (VZ) – Get the report closed 1.14% to $ 58.14 after warning its Fios TV customers that some Hearst Television-owned channels may not be available next year as the company demanded a price hike.
Verizon has gained about 1% to its shareholders this year, against a return of more than 8% for the Dow. Barron’s reported that the shares are expected to show 5G progress next year.
3. Microsoft MSFT | 1.10% drop
On Wednesday, a Wedbush analyst told Microsoft (MSFT) – Get the report it will likely once again exceed Wall Street expectations and the software giant’s cloud computing capabilities will be a key factor in its success.
Analyst Daniel Ives, who has a higher rating and a target price of $ 260 at Microsoft, said in a note from investors that he saw “strong cloud activity” around Azure, the cloud computing service of Microsoft, in the field during the December quarter “with another Street beat probably on MSFT charts.”
4. Merck MRK | 1.02% drop
Merck shares (MRK) – Get the report they have dropped 11% this year. Despite its strong vaccine program, it lagged far behind in the COVID-19 vaccine development race, while Pfizer and BioNTech (BNTX) – Get the report, and Modern (MRNA) – Get the report obtained emergency use authorizations from the FDA for its candidates for the coronavirus vaccine, Barron reported.
5. Apple AAPL | 0.85% drop
Shares of Apple fell to $ 133.72 on Wednesday. From Apple (AAPL) – Get the report Alphabet’s App Store (GOOGL) – Get the report Google Play together saw spending rise 34.5 percent on Christmas Day, to $ 407.6 million from $ 303 million last year, according to the Sensor Tower block. Last year’s gain was more modest, at 17.7%, according to Sensor Tower, which analyzes apps. Of the $ 407.6 million combined in Christmas spending, $ 278.6 million, or 68.4%, went to Apple, while $ 129 million, or 31.6%, went to Apple. go to Google Play.