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Investing

The 4 Stocks That Lifted the DJIA on Friday

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By Paul Ausick Updated Published
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October 9, 2015: Markets opened higher on Friday but fell below the break-even line briefly before climbing back to small gains. Tech stocks traded higher, as did transportation stocks. Energy stocks traded lower, even though WTI crude oil settled at $49.63 a barrel, up about 0.5% for the day to close the week up 9%. Gold settled at $1,155.90, up 1% for the day, and the highest settlement since late August. For the week gold gained 1.7%. Equities were headed for a higher close shortly before the closing bell as the DJIA traded up 0.24% for the day, the S&P 500 traded up 0.11%, and the Nasdaq Composite traded up 0.40%.

The DJIA stock posting the largest daily percentage gain ahead of the close Friday was UnitedHealth Group Inc. (NYSE: UNH) which traded higher by 2.74% at $119.26. The stock’s 52-week range is $80.72 to $126.21. Trading volume was about 25% below the daily average of around 4.2 million. The company had no specific news today.

Apple Inc. (NASDAQ: AAPL) traded up 2.51% at $112.23. The stock’s 52-week range is $92.00 to $134.54. Trading volume was about 30% below the daily average of around 62 million. The company’s PC sales have gained market share in the U.S. and worldwide.

United Technologies Corp. (NYSE: UTX) traded up 1.22% at $95.48. The stock’s 52-week range is $85.50 to $124.45. Trading volume was about 50% below the daily average of around 5.7 million. The company had no specific news today.

The Walt Disney Co. (NYSE: DIS) traded up 0.93% at $105.58. The stock’s 52-week range is $78.54 to $122.08. Trading volume was more about 50% below the daily average of around 11.3 million. The stock got a boost from the company’s report of 182 new orders in the third quarter. The company had no specific news today.

Of the Dow 30 stocks 16 are set to close higher today and 14 are on track to close lower.

ALSO READ: States With the Widest Gap Between Rich and Poor

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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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