
The DJIA stock posting the largest daily loss ahead of the close Wednesday was The Boeing Co. (NYSE: BA) which traded down 3.90% at $124.60. The stock’s 52-week range is $116.32 to $144.57. Trading volume was nearly 25% higher than the daily average of around 4 million shares. The company had no specific news today.
Exxon Mobil Corp. (NYSE: XOM) traded down 3.39% at $88.27. The stock’s 52-week range is $86.91 to $104.76. Trading volume about a quarter higher than the daily average of around 13 million shares. Crude prices dropped below $62 a barrel today and that’s really all that needs to be said about this.
JPMorgan Chase & Co. (NYSE: JPM) traded down 2.91% at $60.63. The stock’s 52-week range is $52.97 to $63.16. Volume was about 60% higher than the daily average of around 14 million shares. The stock is reacting to a comment that the Federal Reserve may increase the bank’s capital ratio.
Caterpillar Inc. (NYSE: CAT) traded lower by 2.65% at $92.93. The stock’s 52-week range is $84.84 to $111.46. Volume was about 10% above the daily average of around 5 million shares. The company said today that it would maintain its $0.70 quarterly dividend.
Of the Dow 30 stocks 29 are set to close lower today and just 1 (Nike) is on track to close higher.
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