Investing

The 4 Stocks That Kept the Rally Going

stock symbol ticker
thinkstock
April 1, 2014: Markets opened higher on Tuesday following a rise in the ISM manufacturing data that was a bit smaller than expected by solid nonetheless. Automakers sales reports were also stronger than expected for March, even though GM failed to report sales this morning due to a systems failure. In the final minutes of trading the DJIA was up 0.47%, the S&P 500 was up 0.68%, and the Nasdaq Composite was up 1.59%.

Today’s market mover among the DJIA stocks was Cisco Systems Inc. (NASDAQ: CSCO) which added 3.19% and traded at $23.13 in a 52-week range of $19.98 to $26.49. Volume was on track to be roughly 60% higher than the daily average of around 44 million shares traded. Shares likely got their boost from overall optimism about the tech sector and the ISM report because the company had no significant news.

Another big gainer today was The Boeing Co. (NYSE: BA) which traded up 2.26% at $128.34 in a 52-week range of $83.80 to $144.57. The company announced an order from Air Canada for 61 of its new 737 MAX aircraft. The order is worth $6.5 billion at list prices. Volume was about 40% below the daily average of around 5.4 million shares traded.

The Walt Disney Co. (NYSE: DIS) climbed 1.85% higher today, to close around $81.56 in a 52-week range of $56.37 to $83.65. Share volume was about 30% lower than the daily average of around 7.4 million shares traded. Disney’s animated feature “Frozen” joined the list of the top ten-grossing movies of all time this past weekend.

Though not included in the Dow 30, Ford Motor Co. (NYSE: F) rose 3% year-over-year in March and the company sees seasonally adjusted annual sales for all carmakers reaching 16 million vehicles in 2014. The stock traded up 4.9% today at $16.36 in a 52-week range of $12.15 to $18.02. Trading volume for the shares was nearly double the daily average of around 38 million shares traded.

Of the Dow 30 stocks 18 are set to close higher today and 12 are on their way to a lower close.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.