The 4 Stocks That Drove the DJIA Higher on Wednesday

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

stock symbol ticker
thinkstock
April 22, 2015: Markets opened higher again on Wednesday, fell briefly into the red, and then regained their footing to drift higher on light volume for most of the day. A better-than-expected report on existing home sales coupled with falling crude oil prices indicate some good news for consumers. Shortly before the closing bell the DJIA traded up 0.49% for the day, the S&P 500 traded up 0.51%, and the Nasdaq Composite traded up 0.42%.

The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was Visa Inc. (NYSE: V) which traded up 4.16% at $68.07. The stock’s 52-week range is $48.80 to $69.98, and the high was posted earlier today. Trading volume was about double the daily average of around 9.8 million shares. Investors were cheered by the opening of the China market to foreign  credit card issuers.

McDonald’s Corp. (NYSE: MCD) traded up 3.12% at $97.83. The stock’s 52-week range is $87.62 to $103.78. Trading volume was about 2.5-times the daily average of around 7.4 million shares. The company reported first quarter results before markets opened and was able to clear a very low bar and promise a new get-well plan to mollify investors.

American Express Co. (NYSE: AXP) traded up 1.73% at $78.62. The stock’s 52-week range is $76.53 to $96.24. Trading volume was about 35% below the daily average of around 8.4 million shares. The company also stands to benefit from the opening of China’s market.

The Coca-Cola Co. (NYSE: KO) traded higher by 1.16% at $41.26. The stock’s 52-week range is $39.06 to $45.00. Trading volume was about 40% above the daily average of around 15 million shares. The company reported not-so-bad earnings this morning and investors are relieved.

Of the Dow 30 stocks 22 are set to close higher today and 8 are on track to close lower.

ALSO READ: The Happiest (and Most Miserable) Cities in America

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618