The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was Caterpillar Inc. (NYSE: CAT) which traded higher by 3.78% at $81.42. The stock’s 52-week range is $78.19 to $111.46. Trading volume was about 35% above the daily average of around 6.4million shares. Like most blue chips today, Caterpillar got a boost on the Fed announcement.
Chevron Corp. (NYSE: CVX) traded up 3.06% at $106.33. The stock’s 52-week range is $98.88 to $135.10. Trading volume was about equal to the daily average of around 8.6 million shares. The company had no specific news today, but crude prices rose after the Fed announcement, pulling Chevron and fellow index energy giant Exxon Mobil higher.
Merck & Co. Inc. (NYSE: MRK) traded up 1.97% at $57.58. The stock’s 52-week range is $52.49 to $63.62. Trading volume was about equal to the daily average of around 10.9 million shares. The company had no specific news today.
Microsoft Corp. (NASDAQ: MSFT) traded up 1.95% at $42.51. The stock’s 52-week range is $38.51 to $50.05. Trading volume was about 10% below daily average of around 37 million shares. The software giant also got a boost from the FOMC announcement.
Of the Dow 30 stocks 28 are set to close higher today and just 2 are on track to close lower.
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