Verizon Communications Inc. (VZ)

$ 42.50
   
  • Change Today:
    $0.28
  • 52 Week High: $45.21
  • 52 Week Low: $36.99
  • Currency: US Dollars
  • Shares Issued: 87.17m
  • Volume: 12,525,868
  • Market Cap: $3,704.85m
  • RiskGrade: 96

US close: Stocks mixed ahead of key data releases

By Josh White

Date: Wednesday 24 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Wall Street experienced a mixed performance on Tuesday, with its main market indices showing varied results following a record close in the previous session.
Investors were closely monitoring upcoming economic data, including a preliminary reading for fourth-quarter US GDP scheduled for Thursday and key inflation readings set for release on Friday.

The Dow Jones Industrial Average closed with a modest decline of 0.25%, settling at 37,905.45 points.

On the other hand, the S&P 500 index managed to gain 0.29%, reaching 4,864.60 points, and the Nasdaq Composite posted a gain of 0.43% to finish at 15,425.94 points.

In currency markets, the dollar was last down 0.05% on sterling, trading at 78.78p, while it remained steady with no change against the euro at 92.13 euro cents.

The greenback experienced a slight decline of 0.14% on the yen, changing hands at JPY 148.14.

"Traders who were cheering on the market as it rallied to fresh highs now find themselves adopting a more cautious tone as they await Netflix earnings tonight," said IG chief market analyst Chris Beauchamp.

"As the first of the 'magnificent seven' to report, the video-sharing giant will likely have an outsize move on the market in the short-term.

"Having gained 45% since October the stock does look ripe for a little profit-taking, even if the medium-term outlook remains solid."

RTX and Verison rise, Johnson & Johnson falls back

In equity markets, aerospace company RTX surged 5.33% after it reported fourth-quarter profits and revenues that exceeded expectations, garnering increased investor confidence and interest.

Verizon Communications also recorded an impressive uptick, with its shares rising 6.7% by the close.

Investors were pleased by the telecom company's latest quarterly subscriber numbers, which contributed to the substantial increase in share value.

On the downside, Johnson & Johnson declined 1.66% despite surpassing analysts' estimates for its quarterly results.

Reporting by Josh White for Sharecast.com.

Dow Jones - Risers

Verizon Communications Inc. (VZ) $42.23 6.70%
Procter & Gamble Co. (PG) $153.98 4.14%
Intel Corp. (INTC) $48.89 1.39%
Nike Inc. (NKE) $101.90 1.33%
Apple Inc. (AAPL) $195.18 0.67%
Dow Chemical Co. (DOW) $53.91 0.65%
International Business Machines Corporation (CDI) (IBM) $173.94 0.64%
Microsoft Corp. (MSFT) $398.90 0.60%
McDonald's Corp. (MCD) $300.05 0.55%
Unitedhealth Group Inc. (UNH) $515.52 0.49%

Dow Jones - Fallers

3M Co. (MMM) $96.10 -11.03%
Home Depot Inc. (HD) $350.78 -1.66%
Johnson & Johnson (JNJ) $159.81 -1.64%
Boeing Co. (BA) $211.50 -1.60%
Walt Disney Co. (DIS) $93.77 -1.38%
Travelers Company Inc. (TRV) $210.98 -1.35%
Goldman Sachs Group Inc. (GS) $380.77 -1.34%
Salesforce.Com Inc. (CRM) $276.77 -1.26%
JP Morgan Chase & Co. (JPM) $168.99 -0.66%
Chevron Corp. (CVX) $142.09 -0.28%

S&P 500 - Risers

Verizon Communications Inc. (VZ) $42.23 6.70%
RTX Corporation (RTX) $89.55 5.33%
United Airlines Holdings Inc (UAL) $40.49 5.31%
Procter & Gamble Co. (PG) $153.98 4.14%
PACCAR Inc. (PCAR) $101.01 4.04%
Hanesbrands Inc. (HBI) $4.29 3.87%
McCormick & Co. (MKC) $66.80 3.39%
Southwest Airlines Co. (LUV) $31.11 3.15%
Alaska Air Group Inc. (ALK) $35.83 2.87%
Fortinet Inc. (FTNT) $64.41 2.79%

S&P 500 - Fallers

3M Co. (MMM) $96.10 -11.03%
D. R. Horton Inc. (DHI) $143.13 -9.24%
Invesco Ltd. (IVZ) $15.95 -8.28%
PulteGroup Inc. (PHM) $103.60 -5.16%
Lennar Corp. Class A (LEN) $147.59 -4.95%
Lockheed Martin Corp. (LMT) $439.67 -4.16%
Quanta Services Inc. (PWR) $195.56 -3.88%
Franklin Resources Inc. (BEN) $27.25 -3.81%
Mohawk Inds Inc. (MHK) $97.96 -2.96%
Masco Corp. (MAS) $67.03 -2.91%

Nasdaq 100 - Risers

NetEase Inc. Ads (NTES) $98.04 7.85%
Baidu Inc. (BIDU) $107.19 7.49%
JD.com, Inc. (JD) $23.22 7.20%
Qurate Retail Inc. (QRTEA) $0.86 5.52%
PACCAR Inc. (PCAR) $101.01 4.04%
Trip.com Group Limited (TCOM) $36.05 3.15%
American Airlines Group (AAL) $14.00 2.79%
Seagate Technology Plc (STX) $89.26 2.45%
Analog Devices Inc. (ADI) $201.37 2.06%
Expedia Group Inc. (EXPE) $148.50 1.95%

Nasdaq 100 - Fallers

DENTSPLY Sirona Inc. (XRAY) $35.49 -2.15%
Micron Technology Inc. (MU) $87.53 -1.92%
Align Technology Inc. (ALGN) $266.43 -1.91%
Monster Beverage Corp (MNST) $55.57 -1.33%
Check Point Software Technologies Ltd. (CHKP) $157.05 -1.26%
Starbucks Corp. (SBUX) $91.97 -1.18%
Intuitive Surgical Inc. (ISRG) $371.41 -1.17%
Biomarin Pharmaceutical Inc. (BMRN) $93.00 -1.06%
Adobe Systems Inc. (ADBE) $597.18 -1.06%
O'Reilly Automotive Inc. (ORLY) $1,025.38 -1.03%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Verizon Market Data

Currency US Dollars
Share Price $ 42.50
Change Today $ 0.28
% Change 0.66 %
52 Week High $45.21
52 Week Low $36.99
Volume 12,525,868
Shares Issued 87.17m
Market Cap $3,704.85m
RiskGrade 96

What The Brokers Say

Strong Buy 4
Buy 8
Neutral 10
Sell 1
Strong Sell 1
Total 24
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 21-Nov-2024

Time Volume / Share Price
16:00 1,626,727 @ $42.50
16:00 16,416 @ $42.51
16:00 100 @ $42.51
16:00 300 @ $42.51
15:59 200 @ $42.51

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