The 4 Stocks That Boosted the Market

Investing

Published: August 13, 2014 4:01 pm

Last Updated: April 28, 2020 6:01 am

August 13, 2014: Markets opened higher on Wednesday after a couple of down days earlier this week. Only the basic materials sector is trading down about half an hour before closing, and tech and healthcare both trade up more than 1% for the day. Shortly before closing today the DJIA traded up 0.55% for the day, the S&P 500 traded up 0.67%, and the Nasdaq Composite traded up 1.00%.

The Dow 30 stock posting the biggest percentage gain today was Intel Corp. (NASDAQ: INTC) which traded up 2.96% at $34.12 in a 52-week range of $21.89 to $34.83. Volume was about 15% below the daily average of around 34 million shares traded. There was no news on the company today, but Intel continues to bask in the glow of its new chip introduction earlier this week.

UnitedHealth Group Inc. (NYSE: UNH) traded up 1.65% at $81.53. The stock’s 52-week range is $66.72 to $87.24. Share volume was about 25% below the daily average of around 3.6 million shares traded. The company’s stock has gained 0.6% in the past five trading days after dropping below $79 a share last Thursday.

The Boeing Co. (NYSE: BA) traded higher by 1.32% at $122.06 today. The stock’s 52-week range is $101.77 to $144.57. Volume was about 40% below the daily average of around 4.1 million shares traded. The company had no news today, but some recent news on a new orders both commercial and military are helping the share price.

United Technologies Corp. (NYSE: UTX) traded up 1.23% today at $105.60 in a 52-week range of $99.50 to $120.66. Volume was about 25% below the daily average of around 3.8 million shares. The company also had no news today, but like Boeing, recent military orders are giving the shares a lift.

Of the Dow 30 stocks 28 are set to close higher today and only 2 are poised to close lower.

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