Dow Jones Stock Review in May 2020

Dow Jones Stock Review in May 2020

The Dow Jones Industrial Average rose sharply in April, as exchanges retreated from the coronavirus crisis. The best Dow Jones stocks to follow in May; Apple (AAPL), Home Depot (HD), Johnson & Johnson (JNJ) and Microsoft (MSFT). Apple and Microsoft were on new purchasing points as stock trading continued on Thursday. The first four months of 2020 include net winners and losers. The top three Dow Jones shares to date were Microsoft, Johnson & Johnson and Walmart (WMT), with gains of 13.6%, 2.9% and 2.3% respectively. The three most-lost shares Boeing (BA), Exxon Mobil (XOM) and Dow (DOW) fell 56.7%, 33.4% and 33% respectively, until April. In 2020, Dow Jones industries dropped more than 34% until the closing of March 23. The technology-weighted Nasdaq composite fell 23.5%, while the S&P 500 fell 30.7% at the close of March 23. After a sharp recovery in April, Dow 30 gained more than 11% during the month. Dow Jones Industrial Average dropped 14.7% in 2020. Meanwhile, the S&P 500 fell 9.9%, and Nasdaq fell only 0.9% until the 30 April closing.

What is the Dow Jones Industrial Average?

Dow Jones Industrial Average, established in 1896 with 12 stocks, is one of the oldest stock market indices. It has 30 Dow Jones shares, designed to be used as a bellwether for general U.S. stock exchanges. Among other major stock indices, the technology-intensive Nasdaq composite and S&P 500 index are among the top 500 companies in the USA.