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 Sank the DJIA on Monday

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
January 12, 2015: Markets opened higher on Monday but that didn’t last long. Falling crude prices sucked all the air out of the bulls, and falling tech stocks finished the job. Crude ended the day’s trading at $46.07, its lowest close since April of 2009. Shortly before the closing bell the DJIA traded down 0.31% for the day, the S&P 500 traded down 0.64%, and the Nasdaq Composite traded down 0.69%.

The DJIA stock posting the largest daily loss ahead of the close Friday was Exxon Mobil Corp. (NYSE: XOM) which traded down 2.13% at $90.14. The stock’s 52-week range is $86.19 to $104.76. Trading volume was about 25% below the daily average of around 15 million shares. The company had no specific news today but the downturn in crude oil prices combined with a downward revision in crude price estimates from Goldman Sachs and a comment from Saudi Prince Alwaleed bin Talal that oil will never again reach $100 a barrel were too much to shrug off.

Chevron Corp. (NYSE: CVX) traded lower by 1.92% at $106.12. The stock’s 52-week range is $100.15 to $135.10. Trading volume was about 20% below the daily average of around 8.8 million shares. The comments on Exxon apply here as well.

International Business Machines Corp. (NYSE: IBM) traded down 1.72% at $156.38. The stock’s 52-week range is $150.50 to $199.21. Trading volume was about 35% below the daily average of around 5.4 million shares. Analyst firm Stifel lowered its 2015 earnings estimate for Big Blue from $16 to $15.17.

Microsoft Corp. (NASDAQ: MSFT) traded down 1.13% at $46.66. The stock’s 52-week range is $34.63 to $50.05. Trading volume is about 40% below the daily average of around 31.5 million shares. The world’s largest software company had no specific news today.

Of the Dow 30 stocks 20 are set to close lower today and 10 are on track to close higher.

ALSO READ: The Most Dangerous States in America

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.

Continue Reading

Paul Ausick |

The 4 Stocks That Held Down the DJIA on Friday

thinkstockAugust 7, 2015: Markets opened lower on Friday after the report on non-farm employment. Though the results were a little…
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 Weighed on the DJIA on Wednesday

thinkstockFebruary 18, 2015: Markets opened lower again on Wednesday on some lukewarm news on industrial production and housing starts. When…
Paul Ausick |

The 4 Stocks That Weighed on the Dow Monday

thinkstockFebruary 23, 2015: Markets opened lower for a fifth consecutive day Monday as a falling crude oil price dragged the…
Paul Ausick |

The 4 Stocks That Sank the DJIA on Wednesday

thinkstockAugust 19, 2015: Markets opened lower on Wednesday following a down and then up session in Asia and a report…
Paul Ausick |

The 4 Stocks That Weighed on the DJIA Monday

thinkstockMay 11, 2015: Markets opened lower on Monday and only the Nasdaq Composite was able to spend any serious time…
Paul Ausick |

The 4 Stocks That Weighed on the DJIA Friday

thinkstockJuly 31, 2015: Markets opened higher on Friday but only the Nasdaq Composite was able to trade in the green…
The 4 Stocks Held Down the DJIA on Wednesday
Paul Ausick |

The 4 Stocks Held Down the DJIA on Wednesday

November 4, 2015: Markets opened higher on Wednesday following an in-line report on jobs from ADP and somewhat smaller-than-expected U.S.…
Paul Ausick |

The 4 DJIA Stocks That Pressured Wednesday’s Market

thinkstockNovember 12, 2014: Markets opened lower on Wednesday, and only the Nasdaq Composite spent most of the trading day in…

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