Investing

The 4 Stocks That Weighed on The DJIA Thursday

stock symbol ticker
thinkstock
May 28, 2015: Markets opened lower on Thursday after worrisome news on higher margin requirements from brokers on Chinese exchanges and a comment from IMF president Christine Lagarde acknowledged that Greece may indeed exit the eurozone. Crude oil closed 17 cents higher today following a turnaround in the final minutes of trading  Shortly before the closing bell the DJIA traded down 0.26% for the day, the S&P 500 traded down 0.17%, and the Nasdaq Composite traded down 0.23%.

The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Caterpillar Inc. (NYSE: CAT) which traded down 2.27% at $85.92. The stock’s 52-week range is $78.19 to $111.46. Trading volume totaled around 4.4 million shares, well below the daily average of around 5.4 million. The company had no specific news today.

McDonald’s Corp. (NYSE: MCD) traded down 1.27% at $96.57. The stock’s 52-week range is $87.62 to $102.62. Trading volume totaled more than 8 million shares, about 20% above the daily average of around 6.8 million. The company has been a sponsor of world soccer organization FIFA since 1994 and has already shelled out around $19 million in 2015. On top of that the company said yesterday it will no longer report monthly sales figures.

The Boeing Co. (NYSE: BA) traded lower by 0.50% at $142.28. The stock’s 52-week range is $116.32 to $1158.83. Trading volume reached about 2.5 million, well below the daily average of around 3.9 million. Rival Airbus may boost production of its A320 single-aisle plane to 60 planes a month early in 2017.

Wal-Mart Stores Inc. (NYSE: WMT) traded down 0.39% at $74.90. The stock’s 52-week range is $72.61 to $90.97. About 3.6 million shares traded hands today, well below the daily average of around 7 million. Amazon trumped Wal-Mart’s $50 annual delivery service by offering same-day service as a bonus to its $99-per-year Prime subscribers..

Of the Dow 30 stocks 14 are set to close lower today and 16 are on track to close higher.

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

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

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