The 4 Stocks That Lifted the DJIA on Monday

Investing

Published: April 20, 2015 4:01 pm

Last Updated: April 28, 2020 6:11 am

April 20, 2015: Markets opened higher on Monday loosened its reserves requirement ratio by a full point to 18.5%, the largest move in more than six years and one designed to press the economy’s accelerator again. It usually takes the People’s Bank a few tries to get the ratio set to its liking. Shortly before the closing bell the DJIA traded up 1.18% for the day, the S&P 500 traded up 0.98%, and the Nasdaq Composite traded up 1.29%.

The DJIA stock posting the largest daily percentage gain ahead of the close Monday was International Business Machines Corp. (NYSE: IBM) which traded up 3.42% at $166.17. The stock’s 52-week range is $149.52 to $196.86. Trading volume was about 20% above the daily average of around 4.6 million shares. The company reports first quarter results after markets close Monday.

Microsoft Corp. (NASDAQ: MSFT) traded up 3.35% at $43.01. The stock’s 52-week range is $38.51 to $50.05. Trading volume was 10% below the daily average of around 39 million shares. The software giant had no specific news today.

The Boeing Co. (NYSE: BA) traded up 2.11% at $152.76. The stock’s 52-week range is $116.32 to $158.83. Trading volume was about 40% below the daily average of around 4.5 million shares. The company reports first quarter results before markets open on Wednesday.

Apple Inc. (NASDAQ: AAPL) traded higher by 2.1% at $127.39. The stock’s 52-week range is $74.85 to $133.60. Trading volume was about 25% below the daily average of around 54 million shares. The company had no specific news today

Of the Dow 30 stocks 26 are set to close higher today and just 4 are on track to close lower.

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