This update was written automatically with AI from market data and news wire reports, and published without review by a person.
The Dow Jones Industrial Average (^DJI) was down 152.87 (-0.31%) points today, finishing at 49,499.27. Dow Futures (YM=F) also slipped, falling 164.00 (-0.33%) to 49,671.00. The primary narrative driving the market was a disappointing manufacturing report signaling slowing industrial growth, coupled with a sharp sell-off in the healthcare sector following a regulatory update. This cautious atmosphere overshadowed tech resilience, preventing a broader recovery during the Friday, May 1st, 2026 trading session.
Leading the decline was Amgen (AMGN), which tumbled 5.48% to $327.22 after a high-profile drug trial update disappointed investors. This weakness spread to McDonald's (MCD), falling 2.41% to $286.52, and 3M (MMM), which declined 2.02% to $143.60. Additional pressure came from Home Depot (HD), shedding 1.58% to $323.75, and Chevron (CVX), which dropped 1.39% to $190.73 amid fluctuating energy prices and persistent global demand concerns.
Conversely, Salesforce (CRM) surged 4.20% to $183.87, emerging as the session's top performer. Apple (AAPL) rose 3.35% to $280.66, driven by strong hardware demand. Other notable gainers included Merck (MRK), climbing 2.86% to $112.43, and Microsoft (MSFT), which added 1.88% to reach $415.38. Amazon (AMZN) increased 1.65% to $269.47, highlighting a clear rotation into growth-oriented technology stocks despite the broader blue-chip market retreat seen across the index today.
Automated market updates written with AI from market data and news wire reports, published without human review.