Investing

The 4 Stocks That Weighed on Markets Wednesday

stock symbol ticker
thinkstock
March 4, 2015: Markets opened lower on Wednesday following a somewhat disappointing ADP employment report for February even though January’s estimate was revised sharply up. Crude oil inventories grew by 10 million barrels causing prices to fall below $50 a barrel before reversing direction to rise to more than $51. Shortly before the closing bell the DJIA traded down 0.57% for the day, the S&P 500 traded down 0.44%, and the Nasdaq Composite traded down 0.25%.

The DJIA stock posting the largest daily percentage loss ahead of the close Wednesday was Caterpillar Inc. (NYSE: CAT) traded down 1.45% at $81.64. The stock’s 52-week range is $78.81 to $111.46. Trading volume was about 10% below the daily average of around 6.6 million shares. The company had no specific news today.

American Express Co. (NYSE: AXP) which traded down 1.4% at $80.76. The stock’s 52-week range is $77.12 to $96.24. Trading volume was about 30% below the daily average of around 7 million shares. The company had no specific news today.

Verizon Communications Inc. (NYSE: VZ) traded down 1.03% at $49.04. The stock’s 52-week range is $45.09 to $53.66. Trading volume was about 40% below the daily average of around 18.5 million shares. The company had no specific news today.

The Procter & Gamble Company (NYSE: PG) traded lower by 0.94% at $84.35. The stock’s 52-week range is $77.29 to $93.89. Trading volume was about 30% below the daily average of around 7.6 million shares. The company had no specific news today.

Of the Dow 30 stocks 24 are set to close lower today and 6 are on track to close higher.

ALSO READ: The Best (and Worst) States for Business

Take Charge of Your Retirement: Find the Right Financial Advisor For You in Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding professional guidance—and we’ve made it easier than ever for you to connect with the right financial advisor for your unique needs.

Here’s how it works: 

1️ Answer a Few Simple Questions

Tell us a bit about your goals and preferences—it only takes a few minutes!

2️ Get Your Top Advisor Matches

This tool matches you with qualified advisors who specialize in helping people like you achieve financial success.

3️ Choose Your Best Fit

Review their profiles, schedule an introductory meeting, and select the advisor who feels right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.