Dow’s decline: Biggest losers and winners as blue-chips index faces Q1 loss

Seeking Alpha News (Fri, 28-Mar 6:43 PM)

The Dow Jones Industrial Average (DJI) so far in 2025 has narrowly dodged a correction, but along with other major Wall Street stock averages, it’s headed for a loss for the first three months of the year. 

The Dow (DJI) on Friday dropped 1.7% to 41,583.59, as part of Wall Street’s worst session since early March. A “stagflatonary combination” of economic data ahead of next week’s tariffs announcement from the Trump administration sent “traders flocking towards their bunkers,” in the form of haven assets such as bonds (US10Y)(US30Y) and gold (XAUUSD:CUR), José Torres, senior economist at Interactive Brokers, said Friday. 

Tariff worries have also played a role in sending the blue-chips index (DJI) down by 2.3% in Q1, with one full trading session left on Monday.

The Dow (DJI) at its lowest intraday point this month registered a 9.7% drop from its recent all-time closing high ~45,014 in early December. That skirted a technical correction, or a loss of 10% from a recent high. The S&P 500 (SP500) and the Nasdaq (COMP:IND) hit corrections during Q1 trade. 

The Trump administration has “raised its tolerance” for financial-market volatility and economic turbulence by adopting a “short-term pain, long-term gain” framework, Torres said. “But “the tailwinds of lighter taxation, reduced regulation, and manufacturing onshoring activities may save the day later in the year,” he said about the economy. 

Here are the Dow’s (DJI) five biggest percentage losers and winners ahead of Q1’s end, according to Capital IQ data: 

Decliners

  • Salesforce (NYSE:CRM) - YTD move: -19.25%
  • Nvidia (NASDAQ:NVDA) - YTD move: -18.33%
  • Nike (NYSE:NKE) - YTD move: -16.36% 
  • Apple (NASDAQ:AAPL) - YTD move: -12.99%
  • Amazon (NASDAQ:AMZN) - YTD move: -12.16%

Advancers: 

  • Amgen (NASDAQ:AMGN) - YTD move: +17.77%
  • Chevron (NYSE:CVX): YTD move: +14.67%
  • Johnson & Johnson (NYSE:JNJ) - YTD move: +13.20%
  • Coca-Cola (NYSE:KO) - YTD move: +13.03%
  • Verizon Communications (NYSE:VZ) - YTD move: +12.35%

Here are some ETFs that track the Dow (DJI): (NYSEARCA:DIA), (DDM), (UDOW), (DOG), (DXD), and (SDOW).

Exchange-traded funds that track the S&P 500 (SP500) and Nasdaq Composite (COMP:IND) include: (SPY), (NASDAQ:QQQ) (NYSEARCA:VOO), (IVV), (QLD) (SSO), (SH), and (SQQQ).