The 4 DJIA Stocks That Boosted Monday’s Market

Investing

Published: November 10, 2014 4:01 pm

Last Updated: April 28, 2020 5:58 am

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November 10, 2014: Markets opened mixed on Monday after China reported a larger-than-expected trade surplus and little other economic data came out. Equities traded in a very narrow band today and winners barely outnumbered losers on both the NYSE and the Nasdaq. Shortly before the closing bell the DJIA traded up 0.20% for the day, the S&P 500 traded up 0.25%, and the Nasdaq Composite up 0.31%.

The Dow 30 stock posting the largest daily gain ahead of the close today was Nike Inc. (NYSE: NKE) which traded up 1.30% at $95.00. The stock’s 52-week range is $69.85 to $95.09. Volume was about 40% below the daily average of around 4 million shares. The company had no specific news today, but did appoint a new president of the company’s golf business on Friday.

UnitedHealth Group Inc. (NYSE: UNH) traded higher by 1.27% at $94.27. The stock’s 52-week range is $69.57 to $96.64. Volume was about 20% below the daily average of around 3.7 million shares. The company had no specific news today, and was probably taking back so its Friday loss.

Wal-Mart Stores Inc. (NYSE: WMT) traded higher by 1.01% at $79.56. The stock’s 52-week range is $72.27 to $81.37. Volume was about 50% above the daily average of around 6.5 million shares. The company reported weaker than expected results after markets closed on Thursday. The giant retailer reports results on Thursday.

International Business Machines Corp. (NYSE: IBM) traded up 0.95% at $163.61. The stock’s 52-week range is $160.05 to $199.21. Trading volume was equal to the daily average of around 4.1 million shares. The company announced an offer to entice start-up companies onto its cloud.

The DJIA was held back by a decline of about 1% in shares of Visa Inc. (NYSE: V), the index’s most heavily weighted component.

Of the Dow 30 stocks 10 are set to close lower today and 20 are on track to close higher.

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