Investing

The 4 Stocks That Held Up the DJIA on Wednesday

stock symbol ticker
thinkstock
April 8, 2015: Markets opened higher on Wednesday on a quiet news data. Mortgage applications rose slightly even as mortgage rates slipped lower. Then the crude oil inventory report hit the wire at mid-morning and showed another huge increase in barrels. The DJIA and the S&P 500 both tumbled into the red before climbing back to a nice gain before the FOMC minutes were released. That sent the two indexes south again. Shortly before the closing bell the DJIA traded up 0.15% for the day, the S&P 500 traded up 0.23%, and the Nasdaq Composite traded up 0.72

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was Visa Inc. (NYSE: V) which traded up 1.22% at $66.60. The stock’s split-adjusted 52-week range is $48.71 to $69.66. Trading volume was about 50% below the daily average of around 10.5 million shares. The company’s price target took a cut last week, but there’s been no specific news since.

Nike Inc. (NYSE: NKE) traded up 1.17% at $100.78. The stock’s 52-week range is $71.10 to $103.79. Trading volume was about 35% below the daily average of around 3.7 million shares. The company received a nice plug from a Cowen analyst on CNBC this morning.

The Home Depot Inc. (NYSE: HD) traded higher by 0.99% at $115.43. The stock’s 52-week range is $74.61 to $117.99. Trading volume was about 40% below the daily average of around 5.2 million shares. The company had no specific news today.

Verizon Communications Inc. (NYSE: VZ) traded up 0.90% at $49.16. The stock’s 52-week range is $45.09 to $53.66. Trading volume was about 20% below the daily average of around 16.8 million shares. The communications giant took a downgrade to Hold from Zack’s today.

Of the Dow 30 stocks 21 are set to close higher today and 9 are on track to close lower.

ALSO READ: America’s Fastest Growing Cities

Cash Back Credit Cards Have Never Been This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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