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Investing

The 4 Stocks That Sank the DJIA on Friday

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By Paul Ausick Updated Published
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July 17, 2

stock symbol ticker
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015: Markets opened mixed on Friday as the Nasdaq traded higher right from the opening bell and the Dow traded lower from opening to closing. Google shares rose to a new high of $703.00 today after beating estimates last night, and the stock carried the Nasdaq composite up more than 1% to an all-time high.The S&P 500 index dived into the red shortly after the opent bell, then struggled to make it back to an essentially flat finish for the day. Shortly before the closing bell the DJIA traded down 0.20% for the day, the S&P 500 traded up 0.08%, and the Nasdaq Composite traded up 0.85%.

The DJIA stock posting the largest daily percentage loss ahead of the close Friday was Intel Corp. (NASDAQ: INTC) which traded lower by 1.57%% at $29.43X. The stock’s 52-week range is $28.82 to $37.90. Trading volume was more than 20% above the daily average of around 30 million. Why doesn’t Intel make a bid for Micron?

Chevron Corp. (NYSE: CVX) traded down 1.46% at $93.10. The stock’s 52-week range is $92.90 to $135.10, and the low was posted today. Trading volume was about 10% below the daily average of around 6.8 million. The company had no specific news today.

The Boeing Co. (NYSE: BA) traded down 1.01% at $146.99. The stock’s 52-week range is $116.32 to $158.83. Trading volume topped 5 million shares, about 35% below the daily average of around 6.3 million. The company said this morning that it would take a charge of $536 million related to its KC-46A military tanker plane.

Johnson & Johnson (NYSE: JNJ) traded down 0.97% at $100.13. The stock’s 52-week range is $95.10 to $109.49. More than 5.5 million shares traded hands today, about 30% lower than the daily average of around 7.5 million. The company had no specific news today.

Of the Dow 30 stocks 21 are set to close lower today and 9 are on track to close higher.

ALSO READ: 10 States With the Most Hate Groups

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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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