Crude Oil Down 3%; Chevron Posts Mixed Q1 Results - Crescent Biopharma (NASDAQ:CBIO), Chevron (NYSE:CVX)
Benzinga
Last updated: May 2, 2026
U.S. stock markets showed mixed performance nearing the end of Friday's trading session. The Dow Jones Industrial Average experienced a slight decline, while the NASDAQ Composite index saw a notable increase.
- Market Performance: The Dow Jones Industrial Average was down approximately 0.1% for the day, specifically trading at a 0.09% decrease to 49,608.95.
- Technology Sector Strength: In contrast, the NASDAQ Composite index demonstrated significant gains, surging by 1.06% and reaching 25,157.20.
- Broader Index Movement: The S&P 500 index also showed movement, though its specific percentage change is not detailed in the provided text snippet.
- Overall Trend: The mixed trading indicates diverging performance across different sectors of the U.S. stock market, with technology appearing to lead the upward trend on this particular trading day.
