The 4 DJIA Stocks That Weighed on Friday’s Market

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

stock symbol ticker
thinkstock
November 7, 2014: Markets opened slightly lower on Friday following the report on non-farm payrolls that indicated lower-than-expected growth in employment, even though the unemployment rate fell to 5.8%. Wages grew just 0.1% in October. Shortly before the closing bell the DJIA traded down 0.01% for the day, the S&P 500 traded down 0.06%, and the Nasdaq Composite traded down 0.27%.

The Dow 30 stock posting the largest daily loss ahead of the close today was UnitedHealth Group Inc. (NYSE: UNH) which traded lower by 2.83% at $93.49. The stock’s 52-week range is $69.57 to $96.64. Volume was about 25% above the daily average of around 3.7 million shares. The company had no specific news today, but peer Humana Inc. (NYSE: HUM) posted weak quarterly results this morning. The U.S. Supreme Court also agreed to hear another challenge to the Affordable Care Act.

The Walt Disney Co. (NYSE: DIS) traded lower by 2.43% at $89.76. The stock’s 52-week range is $66.72 to $92.00. Volume was more than double the daily average of around 6.5 million shares. The company reported weaker than expected results after markets closed on Thursday.

Intel Corp. (NASDAQ: INTC) traded down 0.78% at $33.56. The stock’s 52-week range is $23.40 to $35.56. Trading volume was about 25% below the daily average of around 31 million shares. The home improvement store had no specific news today.

Nike Inc. (NYSE: NKE) traded down 0.93% at $93.72. The stock’s 52-week range is $69.85 to $95.09. Volume was about 50% below the daily average of around 4 million shares. FBR Capital initiated coverage on the stock today with a Market Perform rating and a price target of $94 a share.

Of the Dow 30 stocks 11 are set to close lower today and 19 are on track to close higher.

ALSO READ: 10 Safest High-Yield Dividends

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618