
The DJIA stock posting the largest daily percentage loss ahead of the close Wednesday was Wal-Mart Stores Inc. (NYSE: WMT) which traded down 9.85% at $60.15. The stock’s 52-week range is $60.04 to $90.97, and the low was set today. Trading volume was about 9 times the daily average of around 8.6 million. The company warned on earnings today, sending the DJIA and several ETFs into a tailspin.
The Boeing Co. (NYSE: BA) traded down 4.36% at $134.17. The stock’s 52-week range is $115.14 to $158.83. Trading volume was about 80% above the daily average of around 3.8 million. Investors appear to be reacting to a report that Delta Air Lines is looking to buy used, rather than new, airplanes.
JPMorgan Chase & Co. (NYSE: JPM) traded down 2.65% at $59.92. The stock’s 52-week range is $50.07 to $70.61. Trading volume was more about 50% above the daily average of around 16 million. The big bank reported weak earnings after markets closed on Tuesday.
United Technologies Corp. (NYSE: UTX) traded lower by 2.33% at $92.08. The stock’s 52-week range is $85.50 to $124.45. Trading volume was about 20% below the daily average of around 5.8 million. The company announced its dividend today, but otherwise had no specific news.
Of the Dow 30 stocks 19 are set to close lower today and 11 are on track to close higher.
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