The 4 Stocks That Boosted the DJIA on Friday

Investing

Published: August 14, 2015 4:01 pm

Last Updated: April 28, 2020 6:00 am

August 14, 2015: Markets opened mixed on Friday with the DJIA kicking off the day up slightly and the S&P 500 and the Nasdaq Composite down slightly. Producer prices rose a little more than expected in July; industrial production in July posted its biggest gains since last November; and consumer sentiment declined in the preliminary August reading. Gold closed down about 0.3% for the day, but posed a weekly gain of 1.7% thanks to the turmoil over the Chinese devaluation. Crude oil for September delivery bounced off a 6-year low to settle at $42.50. Shortly before the closing bell we were headed for a mixed close with the DJIA traded up 0.41% for the day, the S&P 500 traded up 0.41%, and the Nasdaq Composite traded up 0.32%.

The DJIA stock posting the largest daily percentage gain ahead of the close Friday was E.I. du Pont de Nemours and Company (NYSE: DD) which traded up 1.57% at $53.86. The stock’s 52-week range is $52.36 to $76.59. Trading volume was about 15j% below the daily average of around 5.8 million. The stock was upgraded to buy this morning at J.P. Morgan.

Cisco Systems Inc. (NASDAQ: CSCO)) traded up 1.13% at $29.03. The stock’s 52-week range is $22.49 to $30.31. About 19 million shares traded hands today, around 25% below the daily average of about 24 million. The networking giant reported solid earnings after the market closed on Wednesday and the buying continues.

General Electric Co. (NYSE: GE) traded higher by 1.05%% at $26.06. The stock’s 52-week range is $23.41 to $28.68. Trading volume was about 50% below the daily average of around 30 million. The company is selling $16 billion in online deposits to Goldman Sachs as GE continues to hive off non-core businesses.

Caterpillar Inc. (NYSE: CAT) traded up 1.03% at $78.56. The stock’s 52-week range is $74.77 to $109.73. Trading volume was about 35% below the daily average of around 5 million. The company had no specific news today.Of the Dow 30 stocks 23 are set to close higher today and 7 are on track to close lower.

ALSO READ: The Hardest States to Find Full-Time Work

Get Ready To Retire ^(Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future