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Investing

The 4 Stocks That Narrowed Wednesday’s DJIA Gain

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By Paul Ausick Updated Published
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November 26, 2014: Markets opened higher on Wednesday but a blizzard of economic data sent the DJIA into the red where it spent the rest of the day. Trading was thin today ahead of tomorrow’s Thanksgiving Day holiday. Markets are closed on Thursday and will close early on Friday as well. Shortly before the closing bell the DJIA traded up 0.05% for the day, the S&P 500 traded up 0.22%, and the Nasdaq Composite traded up 0.52%.

The DJIA stock posting the largest daily loss ahead of the close Wednesday was United Technologies Corp. (NYSE: UTX) which traded down 1.24% at $110.32. The stock’s 52-week range is $97.30 to $120.66. Volume was about 10% below the daily average of around 4.3 million shares. The company’s CEO unexpectedly resigned Monday morning and Bloomberg reported this morning that there is speculation about where the company is in acquisition or break-up mode.

Chevron Corp. (NYSE: CVX) traded lower by 0.71% at $115.32. The stock’s 52-week range is $106.65 to $135.10. Volume was about 25% below the daily average of around 7 million shares. The company had no specific news today, but crude oil traded below $73 a barrel for most of the day.

Intel Corp. (NASDAQ: INTC) traded up 1.45% at $36.85. The stock’s 52-week range is $23.40 to $36.99, and the high was set today. Trading volume was about 30% below the daily average of around 32 million shares. The company had no specific news today.

Verizon Communications Inc. (NYSE: VZ) traded up 1.40% at $50.03. The stock’s 52-week range is $45.45 to $53.66. Trading volume was about 30% below the daily average of around 14 million shares. The company had no specific news today.

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

ALSO READ: The 20 Most Profitable Companies in the World

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.

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