Dow in danger of breaking below June low, as all Dow stocks trading premarket are falling

Dow Jones2022-09-23

MW Dow in danger of breaking below June low, as all Dow stocks trading premarket are falling

The Dow Jones Industrial Average is in danger of a fourth-straight selloff Friday, and is on track to break below the June closing low, as all of the index's stocks trading in the premarket losing ground. The biggest loser is Chevron Corp.'s stock , which slid 2.4% as crude oil futures dropped 2.2%, followed by Caterpillar Inc. shares , which shed 2.0% toward a near two-year low. The most active stock was Apple Inc.'s , which dropped 1.4%, while the best performer was Cisco Systems Inc.'s stock , which slipped 0.2%. Meanwhile, Dow futures slid 271 points, or 0.9%. With the Dow closing Thursday at 30,076.68, that puts the Dow in danger of opening below the June 17 closing low of 29,888.78.

-Tomi Kilgore

 

(END) Dow Jones Newswires

September 23, 2022 06:34 ET (10:34 GMT)

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