The 4 Stocks That Boosted Markets

Investing

Published: April 21, 2014 4:40 pm

Last Updated: April 28, 2020 6:00 am

April 21 2014: Markets opened higher on Monday but there wasn’t a lot of action as the only data out today was leading indicators, and they came in right on estimates. At the closing bell today today the DJIA was up 0.25%, the S&P 500 was up 0.38%, and the Nasdaq Composite was up 0.64%.

Just as International Business Machines Corp. (NYSE: IBM) was the Dow’s big loser last Thursday, it is the index’s top gainer today. Shares of Big Blue were up 1.19% at $192.27 on no news. The stock’s 52-week range is $172.19 to $211.98. Share volume was about equal to the daily average of around 5.7 million shares traded.

Dow 30 component Pfizer Inc. (NYSE: PFE) traded up 2.02% at $30.86 in a 52-week range of $27.12 to $32.96. Weekend rumors of a Pfizer buyout of AstraZeneca gave shares a boost today. Volume was about 15% above the daily average of nearly 29 million shares.

Facebook Inc. (NASDAQ: FB) closed at $61.24 today posting a rise of 3.9%. The stock’s 52-week range is $22.67 to $72.59. Share volume was about 20% below the daily average of around 68 million shares traded. The social media company is reported to be preparing the release of its own mobile advertising network.

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Nasdaq 100 component Micron Technology Inc. (NASDAQ: MU) closed up 5.9% at $25.32 in a 52-week range of $9.07 to $25.68. The company got a boost from an analyst’s upgrade today with a new price target of $50. Volume was about a third higher than the daily average of around 32 million shares traded.

Of the Dow 30 stocks 13 closed higher today and 17 closed lower.

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