
The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Caterpillar Inc. (NYSE: CAT) which traded lower by 1.53%% at $86.82. The stock’s 52-week range is $78.19 to $111.46. Trading volume was about 50% below the daily average of around 4.7 million. The company had no specific news today.
Chevron Corp (NYSE: CVX) traded down 0.97% at $98.31. The stock’s 52-week range is $98.31 to $135.10. Trading volume was well below the daily average of around 6.6 million. The company was hit by today’s falling price for crude oil.
3M Companies Inc. (NYSE: MMM) traded down 0.96% at $156.02. The stock’s 52-week range is $130.60 to $170.50. Around 2 million shares traded hands today, about 10% below the daily average of around 2.2 million. The company announced an acquisition on Tuesday, but had no news today.
American Express Co. (NYSE: AXP) traded down 0.87% at $80.04. The stock’s 52-week range is $76.53 to $96.24. Trading volume was well below the daily average of around 6.1 million. The company was called a “classic value trap” today by analysts at Barclays.
Of the Dow 30 stocks 23 are set to close lower today and just 7 are on track to close higher.