3 Biggest Dow Losers This Week
Today, industrials editor and analyst Brendan Byrnes discusses the Dow's three biggest losers this week. The Dow was well in the red as of Thursday night, before staging a big-time rally on Friday. The minutes from the Federal Reserve meeting on Wednesday showed a divided Fed on the issue of further stimulus, with no immediate action likely. On Friday, big-time banks JPMorgan Chase and Wells Fargo reported earnings that beat Wall Street expecations, helping drag the Dow up with them. Unfortunately, three Dow stocks in particular couldn't salvage the week and ended down big. Check out the following video for more on why Alcoa, Intel, and Hewlett-Packard had a rough week.
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The article 3 Biggest Dow Losers This Week originally appeared on Fool.com.Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of Intel. Motley Fool newsletter services have recommended buying shares of Intel. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.