US open: Dow Jones on track for best monthly performance of 2024

(Sharecast News) - Wall Street stocks were in the green early on Friday as the Dow Jones headed for its best monthly performance this year. As of 1520 GMT, the Dow Jones Industrial Average was up 0.32% at 44,863.80, while the S&P 500 advanced 0.48% to 6,027.38 and the Nasdaq Composite came out the gate 0.71% firmer at 19,196.13.

The Dow opened 141.74 points higher on Friday, reversing losses recorded ahead of the Thanksgiving break.

Tech stocks were in focus at the open on Friday, with AI-darling Nvidia and Facebook parent company Meta Platforms both bouncing back from pre-market losses. Dell and HP shares were also higher in early trading, shrugging off double-digit losses before the bell on the back of weak forward earnings guidance.

On the macro front, S&P Global's manufacturing PMI rose to 48.8 in November, up from 48.5 in October, in line with market expectations.

Markets will close at 1600 GMT on Friday to allow market participants to take advantage of Black Friday.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Boeing Co. (BA) $155.03 1.73% Intel Corp. (INTC) $23.99 1.44% Walgreens Boots Alliance, Inc. (WBA) $9.16 1.16% Caterpillar Inc. (CAT) $407.66 0.98% Nike Inc. (NKE) $78.93 0.75% International Business Machines Corporation (CDI) (IBM) $228.24 0.58% Goldman Sachs Group Inc. (GS) $608.91 0.57% Unitedhealth Group Inc. (UNH) $611.56 0.52% Walmart Inc. (WMT) $92.35 0.51% American Express Co. (AXP) $305.51 0.41%

Dow Jones - Fallers

Dow Chemical Co. (DOW) $43.70 -2.11% Merck & Co. Inc. (MRK) $101.75 -1.33% Microsoft Corp. (MSFT) $419.44 -0.84% Verizon Communications Inc. (VZ) $44.12 -0.59% Coca-Cola Co. (KO) $64.13 -0.47% Chevron Corp. (CVX) $161.49 -0.38% Walt Disney Co. (DIS) $117.19 -0.35% 3M Co. (MMM) $132.13 -0.26% Procter & Gamble Co. (PG) $178.92 -0.25% Johnson & Johnson (JNJ) $155.23 -0.11%

S&P 500 - Risers

Lam Research Corp. (LRCX) $75.06 4.87% KLA-Tencor Corp. (KLAC) $657.85 4.07% Applied Materials Inc. (AMAT) $177.55 3.64% Western Digital Corp. (WDC) $73.46 2.75% Nvidia Corp. (NVDA) $139.05 2.74% Mosaic Company (MOS) $26.40 2.58% Synopsys Inc. (SNPS) $561.87 2.58% Wynn Resorts Ltd. (WYNN) $93.94 2.48% NRG Energy Inc. (NRG) $101.31 2.44% QUALCOMM Inc. (QCOM) $160.08 2.35%

S&P 500 - Fallers

Advance Auto Parts (AAP) $41.65 -6.29% Estee Lauder Co. Inc. (EL) $71.72 -3.03% Nordstrom Inc. (JWN) $22.04 -2.56% FMC Corp. (FMC) $58.22 -2.14% Gap Inc. (GAP) $23.78 -1.82% Dominion Energy Inc. (D) $58.70 -1.68% Regeneron Pharmaceuticals Inc. (REGN) $742.74 -1.61% Rollins Inc. (ROL) $50.38 -1.53% Merck & Co. Inc. (MRK) $101.75 -1.33% Perrigo Company plc (PRGO) $28.48 -1.27%

Nasdaq 100 - Risers

Qurate Retail Inc. (QRTEA) $0.44 5.03% Lam Research Corp. (LRCX) $75.06 4.87% KLA-Tencor Corp. (KLAC) $657.85 4.07% Applied Materials Inc. (AMAT) $177.55 3.64% Asml Holdings N.V. (ASML) $692.64 3.31% Western Digital Corp. (WDC) $73.46 2.75% Nvidia Corp. (NVDA) $139.05 2.74% Trip.com Group Limited (TCOM) $65.50 2.66% Synopsys Inc. (SNPS) $561.87 2.58% Wynn Resorts Ltd. (WYNN) $93.94 2.48%

Nasdaq 100 - Fallers

Mercadolibre Inc. (MELI) $1,972.38 -3.54% Workday, Inc. (WDAY) $248.91 -1.77% Regeneron Pharmaceuticals Inc. (REGN) $742.74 -1.61% Baidu Inc. (BIDU) $83.73 -1.29% Incyte Corp. (INCY) $74.58 -1.15% Microsoft Corp. (MSFT) $419.44 -0.84% eBay Inc. (EBAY) $63.81 -0.78% Micron Technology Inc. (MU) $97.52 -0.69% Henry Schein Inc. (HSIC) $77.26 -0.52% DENTSPLY Sirona Inc. (XRAY) $19.54 -0.51%