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Investing

The 4 Stocks That Sank the DJIA on Tuesday

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By Paul Ausick Updated Published
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May 26, 2015: Markets opened lower on Tuesday and equities drifted lower throughout the day-long session. Every sector traded lower today with energy and basic materials taking the worst of it. A strong dollar helped push down commodity prices, there is talk from Greece that the country may not be able to make its next debt repayment, and home price indexes were reported higher as well. Shortly before the closing bell the DJIA traded down 0.98% for the day, the S&P 500 traded down 0.97%, and the Nasdaq Composite traded down 1.07%.

The DJIA stock posting the largest daily percentage loss ahead of the close Tuesday was Apple Inc. (NASDAQ: AAPL) which traded lower by 2.07% at $129.79. The stock’s 52-week range is $86.64 to $134.54. Trading volume was nearly 10% above the daily average of around 51 million shares. The company’s new data center building under construction in Arizona caught fire today.

Chevron Corp. (NYSE: CVX) traded down 1.44% at $103.38. The stock’s 52-week range is $98.88 to $135.10. Trading volume was about 20% below the daily average of around 6.9 million shares. The company is caught in the riptide of low crude oil prices.

The Boeing Co. (NYSE: BA) traded down 1.48% at $142.67. The stock’s 52-week range is $116.32 to $158.83. Trading volume was about 35% below the daily average of around 4 million shares. The company had no specific news today.

Visa Inc. (NYSE: V) traded down 1.55% at $68.54. The stock’s 52-week range is $48.80 to $70.69. Trading volume was about 60% below the daily average of around 8.8 million shares. The company had no specific news today.

All 30 Dow stocks are on track to close lower today.

ALSO READ: States Where Incomes Are Booming (or Not)

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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.

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