S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

The 4 Stocks That Weighed on Monday’s Market

Photo of Paul Ausick
By Paul Ausick Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

stock symbol ticker
thinkstock
December 15, 2014: Markets opened higher on Monday following a strong report on industrial production that was later describe as a catch-up phase from previous growth. But the big drag appears to have been crude oil again, which close below $56 a barrel on the Nymex. Shortly before the closing bell the DJIA traded down 0.57% for the day, the S&P 500 traded down 0.58%, and the Nasdaq Composite traded down 0.94%.

The DJIA stock posting the largest daily loss ahead of the close Monday was McDonald’s Corp. (NYSE: MCD) which traded down 2.36% at $88.48. The stock’s 52-week range is $88.38 to $103.78, and the low was posted today. Trading volume about a 35% above the daily average of around 6 million shares. There was no specific news today for the company, but recently announced sales declines and menu changes are weighing in again.

The Goldman Sachs Group Inc. (NYSE: GS) traded down 1.62% at $185.77. The stock’s 52-week range is $151.65 to $198.06. Volume was about 15% above the daily average of around 3 million shares. Goldman announced a slew of new ETFs on Friday, and investors might be thinking now is not the best time for this.

Chevron Corp. (NYSE: CVX) traded down 1.50% at $100.84. The stock’s 52-week range is $100.42 to $135.10. Trading volume was about 35% above the daily average of around 8 million shares. The integrated oil company has pulled out of a huge natural gas deal in Ukraine, and oil prices continue to slide.

Merck & Co. Inc. (NYSE: MRK) traded lower by 1.30% at $56.97. The stock’s 52-week range is $47.61 to $62.20. Volume was about 10% below the daily average of around 11 million shares. The company had no news today.

Of the Dow 30 stocks 22 are set to close lower today and 8 are on track to close higher.

ALSO READ: Is $40 Oil Coming?

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

"Did you buy It from the mob?": Dave Ramsey hosts floored by 21-year-old's 30% truck loan
Jeremy Phillips |

"Did you buy It from the mob?": Dave Ramsey hosts floored by 21-year-old's 30% truck loan
Half of America Still Feels Financially Exposed Despite 8% Jump in Security
David Beren |

Half of America Still Feels Financially Exposed Despite 8% Jump in Security

Continue Reading

Paul Ausick |

The 4 Stocks That Sank the DJIA on Monday

thinkstockJune 29, 2015: Markets opened lower on Monday after the weekend’s announcement of a bank holiday and capital controls in…
The 4 Stocks That Sank the DJIA on Monday
Paul Ausick |

The 4 Stocks That Sank the DJIA on Monday

December 7, 2015: Markets opened lower on Monday even though markets in Asia and Europe were stronger overnight. The dollar…
Paul Ausick |

The 4 Stocks That Sank the DJIA on Monday

thinkstockAugust 24, 2015: Markets opened lower by nearly 1,100 points on Monday after a rotten night in Shanghai and a equally…
Paul Ausick |

The 4 Stocks That Weighed Down Tuesday’s DJIA

thinkstockJanuary 6, 2015: Markets opened higher on Tuesday but by mid-morning all three major indexes had tumbled below the break-even…
Paul Ausick |

The 4 Stocks That Crushed the DJIA Monday

thinkstockJanuary 5, 2015: Markets opened lower on Monday and things go worse and worse as the day went on. Crude…
Paul Ausick |

The 4 Stocks That Sank the Market

thinkstockJuly 7, 2014: Markets opened mixed on Monday following the Independence Day holiday weekend. The S&P 500 and the DJIA…
Paul Ausick |

The 4 Stocks That Tanked the Market

thinkstockSeptember 9, 2014: Markets opened lower on Tuesday and only the Nasdaq peeked about the break-even line about the time…
The 4 Stocks That Sank the DJIA on Tuesday
Paul Ausick |

The 4 Stocks That Sank the DJIA on Tuesday

February 2, 2016: Markets opened lower again on Tuesday and was never able to turn around as it did on…
Paul Ausick |

The 4 Stocks That Lifted The Market to New Highs on Monday

thinkstockMarch 2, 2015: Markets opened higher on Monday following a report on personal income and spending that was a little…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618