US open: Stocks lower as 2022 draws to a close
Wall Street futures were in the red early on Friday as the roughest year for stocks in 14 years draws to a close.
As of 1500 GMT, the Dow Jones Industrial Average was up 0.78% at 32,296.83, while the S&P 500 slipped 0.96% to 3,812.17 and the Nasdaq Composite came out the gate 1.29% at 10,343.10.
The Dow opened 257.97 points lower on Friday, taking a huge bite out of gains recorded in the previous session.
All three major averages were firmly in the red for the month as a whole early on Friday, snapping a two-month winning streak at the end of a rough year for stocks.
However, the Dow Jones will likely end the quarter more than 15% higher, breaking a three-month losing streak in what will be its strongest quarter since Q2 2020.
On the macro front, the Institute for Supply Management's Chicago purchasing managers index increased to 44.9 in December, up from 37.2 in November.
No major corporate earnings were slated for release on Friday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Verizon Communications Inc. (VZ) $39.50 0.61%
Merck & Co. Inc. (MRK) $111.32 0.45%
Boeing Co. (BA) $189.27 0.19%
Dowdupont Inc. (DWDP) $0.00 0.00%
Honeywell International Inc. (HON) $0.00 0.00%
Chevron Corp. (CVX) $178.30 -0.01%
Travelers Company Inc. (TRV) $189.24 -0.11%
Johnson & Johnson (JNJ) $177.35 -0.12%
Procter & Gamble Co. (PG) $152.37 -0.14%
Unitedhealth Group Inc. (UNH) $528.90 -0.18%
Dow Jones - Fallers
Home Depot Inc. (HD) $315.45 -1.55%
Walt Disney Co. (DIS) $85.89 -1.48%
Microsoft Corp. (MSFT) $238.00 -1.25%
Apple Inc. (AAPL) $128.13 -1.14%
Salesforce.Com Inc. (CRM) $131.11 -1.08%
Nike Inc. (NKE) $116.13 -1.04%
Intel Corp. (INTC) $25.96 -0.95%
McDonald's Corp. (MCD) $263.78 -0.81%
Goldman Sachs Group Inc. (GS) $340.70 -0.79%
3M Co. (MMM) $119.67 -0.75%
S&P 500 - Risers
Verizon Communications Inc. (VZ) $39.50 0.61%
Merck & Co. Inc. (MRK) $111.32 0.45%
Campbell Soup Co. (CPB) $56.96 0.44%
Kroger Co. (KR) $44.81 0.44%
Lockheed Martin Corp. (LMT) $489.00 0.40%
Northrop Grumman Corp. (NOC) $544.00 0.37%
ConocoPhillips (COP) $116.78 0.34%
Globe Life Inc. (GL) $121.03 0.27%
ConAgra Brands Inc (CAG) $38.88 0.27%
Kraft Heinz Co. (KHC) $40.79 0.27%
S&P 500 - Fallers
Jefferies Financial Group Inc. (JEF) $33.74 -2.40%
Micron Technology Inc. (MU) $49.45 -2.37%
Lowe's Companies Inc. (LOW) $197.87 -2.17%
Norwegian Cruise Line Holdings Ltd (NCLH) $12.22 -2.04%
Qorvo, Inc. (QRVO) $88.56 -1.94%
Lam Research Corp. (LRCX) $412.50 -1.93%
Autodesk Inc. (ADSK) $184.55 -1.90%
Gap Inc. (GPS) $11.19 -1.89%
State Street Corp. (STT) $76.92 -1.81%
Netflix Inc. (NFLX) $285.92 -1.79%
Nasdaq 100 - Risers
Tesla Inc (TSLA) $124.18 1.94%
Baidu Inc. (BIDU) $115.95 0.74%
NetEase Inc. Ads (NTES) $73.65 0.68%
Kraft Heinz Co. (KHC) $40.79 0.27%
Citrix Systems Inc. (CTXS) $103.90 0.00%
Celgene Corp. (CELG) $0.00 0.00%
Alexion Pharmaceuticals Inc. (ALXN) $0.00 0.00%
Mylan Inc. (MYL) $0.00 0.00%
Shire Plc Ads (SHPG) $0.00 0.00%
Xilinx Inc. (XLNX) $0.00 0.00%
Nasdaq 100 - Fallers
Mercadolibre Inc. (MELI) $844.52 -2.51%
Micron Technology Inc. (MU) $49.45 -2.37%
Trip.com Group Limited (TCOM) $34.05 -1.95%
Lam Research Corp. (LRCX) $412.50 -1.93%
Autodesk Inc. (ADSK) $184.55 -1.90%
Asml Holdings N.V. (ASML) $541.05 -1.89%
Netflix Inc. (NFLX) $285.92 -1.79%
QUALCOMM Inc. (QCOM) $107.88 -1.78%
Cadence Design Systems Inc. (CDNS) $159.20 -1.69%
Alphabet Inc. Class C (GOOG) $87.49 -1.64%