Deep Dive: The Dow Is Now Down For 2018, But It Still Has Plenty Of Winners

Monday trading in U.S. stocks was another reminder that investors have short memories.

The Dow Jones Industrial Average fell about 336 points, or 1.4%, to 24,611 points. The venerable stock index is now down slightly for 2018. But maybe we can still consider the glass to be half full, rather than half empty.

On Monday (March 19), shares of Facebook Inc. FB, -6.77%  declined 6.8% as some investors grew despondent over the uproar over the company’s disclosure that a company tied to President Trump’s 2016 election campaign gathered and retained data from millions of Facebook users without their permission. Facebook is not a component of the Dow Jones Industrial Average DJIA, -1.35% but the stock’s hammering set the stage for a bad day for technology stocks and U.S. stocks overall.

More on the Facebook fallout:

Facebook sheds more than $40 billion of market cap as investors flee stock

Facebook election issues push investors toward Twitter and Snap

Social-media ETF falls with Facebook set for biggest drop since November 2016

Dow summary

All components of the Dow Jones Industrial Average were down Monday, except for Boeing Co. BA, +0.39% which was up slightly. Boeing has risen 12.5%, excluding dividends, this year. In 2017, it was the best Dow performer, with the shares soaring 89%.

Here are the Dow 30 sorted by Monday’s declines:

Company Ticker Price change - March 19 Price change - 2018 through March 19 Price change - 2017
Caterpillar Inc. CAT, -2.75% -2.8% -3.4% 69.9%
Johnson & Johnson JNJ, -2.57% -2.6% -6.8% 21.3%
3M Co. MMM, -2.39% -2.4% -1.6% 31.8%
McDonald's Corp. MCD, -2.06% -2.1% -7.6% 41.4%
DowDuPont Inc. DWDP, -2.06% -2.1% -6.5% 24.5%
Walmart Inc. WMT, -1.93% -1.9% -11.4% 42.9%
Goldman Sachs Group Inc. GS, -1.89% -1.9% 3.0% 6.4%
Merck & Co. Inc. MRK, -1.87% -1.9% -2.9% -4.4%
International Business Machines Corp. IBM, -1.82% -1.8% 2.6% -7.6%
Microsoft Corp. MSFT, -1.81% -1.8% 8.6% 37.7%
General Electric Co. GE, -1.68% -1.7% -19.4% -44.8%
Cisco Systems Inc. CSCO, -1.64% -1.6% 15.6% 26.7%
Apple Inc. AAPL, -1.53% -1.5% 3.6% 46.1%
Walt Disney Co. DIS, -1.35% -1.4% -5.6% 3.2%
Chevron Corp. CVX, -1.31% -1.3% -9.0% 6.4%
Exxon Mobil Corp. XOM, -1.29% -1.3% -11.3% -7.3%
UnitedHealth Group Inc. UNH, -1.23% -1.2% 2.1% 37.8%
Pfizer Inc. PFE, -1.22% -1.2% 0.3% 11.5%
Visa Inc. Class A V, -1.06% -1.1% 8.1% 46.1%
Home Depot Inc. HD, -1.04% -1.0% -6.6% 41.4%
Travelers Cos. TRV, -0.92% -0.9% 3.2% 10.8%
United Technologies Corp. UTX, -0.88% -0.9% -0.3% 16.4%
American Express Co. AXP, -0.81% -0.8% -4.5% 34.1%
JPMorgan Chase & Co. JPM, -0.79% -0.8% 7.1% 23.9%
Intel Corp. INTC, -0.66% -0.7% 10.1% 27.3%
Verizon Communications Inc. VZ, -0.51% -0.5% -8.7% -0.8%
Coca-Cola Co. KO, -0.46% -0.5% -5.7% 10.7%
Procter & Gamble Co. PG, -0.39% -0.4% -14.4% 9.3%
Nike Inc. Class B NKE, -0.30% -0.3% 5.1% 23.1%
Boeing Co. BA, +0.39% 0.4% 12.5% 89.4%
Source: FactSet

These figures include price changes. Dividends aren’t included.

Despite the carnage Monday and the overall decline for the index this year, 13 of the Dow 30 are up for 2018, and three — Cisco Systems Inc. CSCO, -1.64% Boeing and Intel Corp. INTC, -0.66% — have increased by double digits.

This performance follows 2017’s strength, when 21 of the 30 stocks were up by double digits (again, excluding dividends). So if you are lamenting the state of the market, keep in mind that the year is young, earnings estimates have been increasing and if you consider how much the market has been climbing and for how long, you might not be doing so badly.

Don’t miss: The stock market meltup is over: Morgan Stanley

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