The 4 Stocks That Boosted the DJIA on Wednesday

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

stock symbol ticker
thinkstock
July 29, 2015: Markets opened higher on Wednesday and two of the three major indexes spend all day trading above the break-even line; only the Nasdaq Composite took a brief visit into the red this morning. Tech stocks did poorly today, with industrials, financials, and consumer products leading indexes higher. A relatively sharp drop in crude oil inventory sent prices up more than 2% to an intra-day high of around $49.50. Gold settled at $1,092.60, down 0.3% on the day, but got a little boost in electronic trading after the FOMC announcement at 2 p.m. Shortly before the closing bell the DJIA traded up 0.71% for the day, the S&P 500 traded up 0.76%, and the Nasdaq Composite traded up 0.52%.

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was Microsoft Corp. (NASDAQ: MSFT) which traded higher by 2.15%% at $46.31. The stock’s 52-week range is $40.12 to $50.05. Trading volume was slightly above the daily average of around 32 million. The company released Windows 10 into the wild today, and reviews have been mostly positive.

Merck & Co. Inc. (NYSE: MRK ) traded up 1.89 at $58.61. The stock’s 52-week range is $52.49 to $63.62. About 10 million shares traded hands today, around 5% above the daily average of about 9.5million. The company had no specific news today, but reported solid earnings earlier this week.

Verizon Communications Inc. (NYSE: VZ) traded up 1.59% at $46.62. The stock’s 52-week range is $45.09 to $52.15. Trading volume was about 25% below the daily average of around 15 million. The company said yesterday that it will offer a version of HBO’s HBO Now streaming video service.

The Boeing Co. (NYSE: BA) traded up 1.81% at $144.38. The stock’s 52-week range is $116.32 to $158.83. Trading volume was was about 30% below the daily average of around 3.5 million. The company is competing for a large order from an Indian airline and has said it may move some work offshore if the U.S. Export-Import Bank reauthorization fails.

Of the Dow 30 stocks 26 are set to close higher today and 4 are on track to close lower.

ALSO READ: The 10 Jobs With the Most Job Security

Photo of Paul Ausick
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.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618