
The Dow 30 stock posting the largest daily loss ahead of the close today was Johnson & Johnson (NYSE: JNJ) which traded down 1.90% at $97.24. The stock’s 52-week range is $86.09 to $108.77. The drug maker reported third quarter results that were better than expected this morning and raised guidance. Go figure. J&J’s volume was nearly 3-times the daily average of around 6.4 million shares.
Chevron Corp. (NYSE: CVX) traded down 1.89% at $109.91 in a 52-week range of $109.10 to $135.10. Volume was about 60% above the daily average of around 5.5 million shares. The IEA cut its growth forecast today and crude oil prices have continued their slide.
Intel Corp. (NASDAQ: INTC) traded up 1.84% at $32.05. The stock’s 52-week range is $23.03 to $35.56. Trading volume was about 75% above the daily average of around 32 million shares. The company reports results after today’s closing bell.
The Boeing Co. (NYSE: BA) traded higher by 1.78% at $122.59. The stock’s 52-week range is $116.69 to $144.57. Volume was about 25% lower than the daily average of around 4.1 million shares. The company was the beneficiary of some bargain-hunters today.
Of the Dow 30 stocks 12 stocks are set to close lower today, and 18 are on track to close higher. A last minute buying spurt pulled the DJIA above the break even line.