The Dow 30 stock posting the biggest percentage loss today was United Technologies Inc. (NYSE: UTX) which traded down 0.99% at $108.03 in a 52-week range of $99.50 to $120.66. The company’s Pratt & Whitney jet engine division supplies the engines for Bombardier’s new CSeries plane, and the U.K. launch customer for the aircraft cancelled its order today. There was also an issue with the titanium the company uses in its engines for the Lockheed Martin’s F-35 fighter jet.
Visa Inc. (NYSE: V) traded down 0.96% at $212.57 in a 52-week range of $173.37 to $235.50. The company was downgraded yesterday at Raymond James. Share volume was about equal to the daily average of around 2.3 million shares. The highest priced stock among the Dow 30 Visa’s packs a lot of muscle in the index’s direction.
McDonald’s Corp. (NYSE: MCD) traded down 0.62% at $93.54 in a 52-week range of $92.22 to $103.78. Volume was about 30% below the daily average of around 4.8 million shares traded. The company said today that 12 of it Russian stores have been temporarily closed and another 100 are being inspected by the government.
Wal-Mart Stores Inc. (NYSE: WMT) traded lower by 0.46% at $75.55 today. The stock’s 52-week range is $71.51 to $81.37. Volume was about 40% below the daily average of around 5.6 million shares traded. A news story about how the company may compete with China’s online giant Alibaba may have given some investors the jitters today.
Of the Dow 30 stocks 18 are set to close higher today and 12 are poised to close lower.
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