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Investing

The 4 Stocks That Sank the DJIA on Monday

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By Paul Ausick Updated Published
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June 29, 2015: Markets opened lower on Monday after the weekend’s announcement of a bank holiday and capital controls in Greece. There was simply no getting away now from the likelihood that Greece will leave or be forced out of the eurozone. The DJIA is headed to a close in negative territory for the year to date. Shortly before the closing bell the DJIA traded down 1.84% for the day, the S&P 500 traded down 1.99%, and the Nasdaq Composite traded down 2.35%.

The DJIA stock posting the largest daily percentage loss ahead of the close Monday was E. I. du Pont de Nemours and Company (NYSE: DD) which traded lower by 3.03%% at $63.62. The stock’s 52-week range is $63.60 to $80.65. Trading volume was about somewhat above the daily average of around 5.4 million. The company had no specific news today.

Visa Inc. (NYSE: V) traded down 2.84% at $66.80. The stock’s 52-week range is $48.80 to $70.69. Trading volume was about 15% below the daily average of around 7 million. The company also had no specific news today.

The Boeing Co. (NYSE: BA) traded down 2.55% at $138.84. The stock’s 52-week range is $116.32 to $158.83. Around 2.8 million shares traded hands today, about 20% below the daily average of around 3.7 million. The company was hit by the failure of Congress to reauthorized the Export-Import Bank before the holiday recess.

The Goldman Sachs Group Inc. (NYSE: GS) traded down 2.50% at $287.85. The stock’s 52-week range is $161.53 to $218.77. Trading volume was about equal to the daily average of around 2.5 million. The company had no specific news today, but none was needed after the reports from Europe this morning.

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

ALSO READ: The States With the Fastest (and Slowest) Growing Economies

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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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