April 13, 2015: Markets opened higher on Monday but both the DJIA and the S&P 500 turned negative about noon as traders apparently decided to wait for the first of the week’s big earnings reports tomorrow morning when Johnson & Johnson, JPMorgan, and Wells Fargo post results. Shortly before the closing bell the DJIA traded down 0.37% for the day, the S&P 500 traded down 0.37%, and the Nasdaq Composite traded down 0.10%.

The DJIA stock posting the largest daily percentage decline ahead of the close Monday was General Electric Co. (NYSE: GE) which traded down 2.82% at $27.71. The stock’s 52-week range is $23.41 to $28.68. Trading volume was more than 3-times higher than the daily average of around 42 million shares. The conglomerate gave back a portion of its 11% Friday gain.

Johnson & Johnson (NYSE: JNJ) traded down 1.42% at $100.61. The stock’s 52-week range is $95.10 to $109.49. Trading volume was about 25% below the daily average of around 9.3 million shares. The company reports earnings tomorrow and investors are apparently a little gun-shy about the stock’s prospects.

Visa Inc. (NYSE: V) traded down 1.17% at $65.57. The stock’s 52-week range is $48.80 to $69.66. Trading volume was about 60% below the daily average of around 10 million shares. The company had no specific news today.

Pfizer Inc. (NYSE: PFE) traded lower by 0.83% at $35.15. The stock’s 52-week range is $27.51 to $35.52. Trading volume was about 50% below the daily average of around 30 million shares. The company was said to have had knowledge that its antidepressant Zoloft posed a risk of heart defects to unborn babies whose mothers took the drug. Pfizer also settled a patent lawsuit with Mylan related to a generic version of Viagra.

Of the Dow 30 stocks 25 are set to close lower today and 5 are on track to close higher.

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