December 29, 2015: Markets opened higher on Tuesday on strength in Europe and Asia in the energy and commodities markets. But the leading sector today was tech followed by healthcare and consumer discretionary stocks. WTI crude oil for February delivery traded 2.9% higher today to settle at $37.87. Gold for February delivery traded lower by less than 0.1% at $1,068.00 for the day. Equities were headed for a higher close shortly before the closing bell as the DJIA traded up 1.12% for the day, the S&P 500 traded up 1.08%, and the Nasdaq Composite traded up 1.32%.
The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was The Boeing Co (NYSE: BA) which traded up 1.90% at $147.28. The stock’s 52-week range is $115.14 to $158.83. Trading volume was about 40% lower than the daily average of about 3.6 million. The company also had no specific news today.
Apple Inc. (NASDAQ: AAPL) traded up 1.84% at $108.79. The stock’s 52-week range is $92.00 to $134.54. Trading volume was about 40% lower than the daily average of around 45 million. The company had no specific news today.
Cisco Systems Inc. (NASDAQ: CSCO) traded up 1.67% at $27.76. The stock’s 52-week range is $23.03 to $30.31. Volume was less than half the daily average of around 26 million shares traded. The networking giant won a favorable verdict in a lawsuit over WiFi technology.
E. I. du Pont de Nemours and Co. (NYSE: DD) traded up 1.65% at $67.57. The stock’s 52-week range is $47.11 to $76.59. Trading volume was about 70% below the daily average of around 7 million. The company said today that it plans to fire 1,700 employees in Delaware early in 2016.
Of the Dow 30 stocks 29 are set to close higher today and just 1 (Disney) is on track to close higher.
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