Today’s big loser among the DJIA stocks was Pfizer Inc. (NYSE: PFE) which dropped 1.88% to trade at $31.57in a 52-week range of $27.12 to $32.96 just ahead of the closing bell. Volume was on track to be nearly 20% higher thanthe daily average of nearly 26 million shares traded. There could be some profit-taking going on here as shares have come down from their annual peak set on March 5th. Merck & Co. (NYSE: MRK) also traded down 1.45%, at $53.86 today.
Visa Inc. (NYSE: V) because of its high share price led the Dow 30 stocks down today. Shares slipped 1.06% to $221.00 in a 52-week range of $160.50 to $235.50. Share volume was about 10% higher than the daily average of around 3 million shares traded.
The Home Depot Inc. (NYSE: HD) traded down 0.84% today at $79.75. There are some doubts about how good a start the home improvement stores got to their busiest selling season of the year. Trading volume for Home Depot’s shares was about 85% of the daily average of around 6.5 million shares traded.
And the big downdraft on the Nasdaq was blown up by Facebook Inc. (NASDAQ: FB). The stock traded down 4.54% today at $64.19 in a 52-week range of $22.67 to $72.59. The social media giant was likely caught up in today’s lack of enthusiasm for tech stocks. Trading volume rose about 30% above the daily average of around 58 million shares traded.
Of the Dow 30 stocks 15 are set to close lower today and 15 are on their way to a higher close.
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