Dear Chart of the Day Fan:
Here’s my chart for today. I’ll talk about it shortly after 3:30 p.m. Eastern (12:30 p.m. Pacific) on the Bloomberg Businessweek radio show. Also, I’ll present my Stock of the Day just after 4:05 p.m. (1:05 p.m.) on the radio and later on social media. You can hear me on Bloomberg Radio or see me at Bloomberg Global News on YouTube. Earlier charts are on my Tumblr page.
Thanks for your interest. It’s appreciated.
The Dow Jones Industrial Average’s three newest members have the potential to bolster its performance, if recent history is any guide. All three outdid their predecessors after the Dow’s components changed in June 2018, according to data compiled by Bloomberg. Salesforce.com Inc. set the pace by more than doubling, largely because of a well-received earnings report last week. Amgen Inc. and Honeywell International Inc. also gained. Among the companies they replaced, only Pfizer Inc. rose for the period. Exxon Mobil Corp. and Raytheon Technologies Corp. posted losses.
Stocks Editor, Bloomberg RadioEditor, Chart and Stock of the DayStock of the Hour, Bloomberg Television
Author, Visual Guide to Financial Markets