January 26, 2015: Markets opened lower on Monday as markets were able to gin up little enthusiasm ahead of the forecast winter storm that is headed for the Northeast. Earnings reports of note were in short supply today; the deluge starts after markets close today with Microsoft reporting results and four other DJIA stocks reporting tomorrow. Stocks traded right around the break-even line for most of the day today. Shortly before the closing bell the DJIA traded down 0.08% for the day, the S&P 500 traded up 0.14%, and the Nasdaq Composite traded up 0.14%.
The DJIA stock posting the largest daily percentage loss ahead of the close Monday was Intel Corp. (NASDAQ: INTC) which traded down 1.77% at $35.80. The stock’s 52-week range is $23.50 to $37.90. Trading volume is about 15% below the daily average of around 30 million shares. The stock slipped after Seagate Technology indicated lower-than-expected guidance this morning.
United Technologies Corp. (NYSE: UTX) traded down 1.11% at $118.65. The stock’s 52-week range is $97.30 to $120.95. Trading volume was about 10% above the daily average of around 4.2 million shares. The company reports quarterly earnings Tuesday morning.
The Coca-Cola Co. (NYSE: KO) traded down 0.83% at $42.95. The stock’s 52-week range is $36.89 to $45.00. Trading volume was about 50% below the daily average of around 14.7 million shares. The company had no news today.
Visa Inc. (NYSE: V) traded lower by 0.62% at $256.69. The stock’s 52-week range is $194.84 to $269.32. Trading volume was about 35% below the daily average of around 2.6 million shares. The DJIA’s most heavily weighted stock had no news today.
Of the Dow 30 stocks 14 are set to close lower today and 16 are on track to close higher.
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