The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Wal-Mart Stores Inc. (NYSE: WMT) which traded down 3.15% at $83.57. The stock’s 52-week range is $72.61 to $90.97. Trading volume was about 2.5-times the daily average of around 7 million shares. The retailer reported earnings this morning and offered weaker guidance due to a wage increase for hourly workers.
Caterpillar Inc. (NYSE: CAT) traded down 1.84% at $83.24. The stock’s 52-week range is $78.81 to $111.46. Trading volume was about 25% below the daily average of around 6.6 million shares. The heavy machinery maker reported January sales fell 14% after a drop of 12% in December.
American Express Co. (NYSE: AXP) traded down 1.81% at $78.33. The stock’s 52-week range is $77.12 to $96.24. Trading volume was more than 4-times the daily average of around 6 million shares. A federal judge ruled against Amex in a case related to its credit card usage fees.
Chevron Corp. (NYSE: CVX) traded lower by 1.63% at $108.64. The stock’s 52-week range is $98.88 to $135.10. Trading volume was about 20% below the daily average of around 9.5 million shares. The company had no specific news today, but oil prices slipped again today.
Of the Dow 30 stocks 22 are set to close lower today and 8 are on track to close higher.
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