The 4 Stocks That Carried the Market on Friday

Investing

Published: December 5, 2014 4:01 pm

Last Updated: April 28, 2020 6:02 am

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

December 4, 2014: Markets opened higher on Friday after the federal government released a better-than-expected report on employment. Job gains rose to their highest level since 2012, and aggregate wages rose 0.9%, the most since 2006. The rise in income could lead to a better holiday shopping season for retailers. Note also that crude oil closed at a 5-year low today, down 1.5% at $65.84 a barrel. Shortly before the closing bell the DJIA traded up 0.25% for the day, the S&P 500 traded up 0.03%, and the Nasdaq Composite traded up 0.03%.

The DJIA stock posting the largest daily gain ahead of the close Friday was The Goldman Sachs Group Inc. (NYSE: GS) which traded up 1.78% at $195.40. The stock’s 52-week range is $151.65 to $196.93, a new high set earlier Friday. Trading volume was about 10% above the daily average of around 2.8 million shares. Chatter related to an early Fed interest rate hike following the strong jobs numbers likely was behind the the rising share price.

E. I. du Pont de Nemours and Co. (NYSE: DD) traded up 0.82% at $72.96. The stock’s 52-week range is $59.35 to $73.53, and the high was set earlier Friday. Trading volume was half the daily average of around 5.1 million shares. The company had no news today.

Pfizer Inc. (NYSE: PFE) traded higher by 0.88% at $31.94. The stock’s 52-week range is $27.51 to $32.96. Volume was about 20% below the daily average of around 25 million shares. The drugmaker had no specific news today.

Visa Inc. (NYSE: V) traded up 0.79% at $263.19. The stock’s 52-week range is $194.84 to $263.48, a new high set earlier Friday. Volume was about half the daily average of around 3 million shares. The company had no specific news today.

Of the Dow 30 stocks 15 are set to close lower today and 15 are on track to close higher.

ALSO READ: Companies Paying Americans the Least

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.