The 4 Stocks That Boosted Wednesday’s Market

Investing

Published: December 3, 2014 4:01 pm

Last Updated: April 28, 2020 6:01 am

December 3, 2014: Markets opened mixed on Wednesday after the morning report on non-farm payrolls from ADP came in lower than expected. The Fed released its monthly Beige Book in the afternoon, but that caused barely a ripple in trading. Shortly before the closing bell the DJIA traded up 0.23% for the day, the S&P 500 traded up 0.41%, and the Nasdaq Composite up 0.45%.

The DJIA stock posting the largest daily gain ahead of the close Wednesday was UnitedHealth Group Inc. (NYSE: UNH) traded up 1.65% at $101.10. The stock’s 52-week range is $69.57 to $101.33, and the high was posted today. Trading volume was about 30% above the daily average of around 3.9 million shares. The company issued solid 2015 guidance on Tuesday.

General Electric Co. (NYSE: GE) traded higher by 1.61% at $26.47. The stock’s 52-week range is $23.69 to $28.09. Volume was about 30% below the daily average of around 30 million shares. The conglomerate had no specific news today, but the industrials sector posted the second-biggest daily gain today.

United Technologies Corp. (NYSE: UTX) traded up 1.29% at $111.10. The stock’s 52-week range is $97.30 to $120.66. Trading volume was about 40% below the daily average of around 4.3 million shares. The company had no specific news today.

Caterpillar Inc. (NYSE: CAT) which traded up 1.09% at $100.59. The stock’s 52-week range is $83.11 to $111.46. Volume was about equal to the daily average of around 4.9 million shares. The company had no specific news today.

Of the Dow 30 stocks 12 are set to close lower today and 28 are on track to close higher.

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