January 19, 2016: Markets opened higher on Tuesday, but drifted lower during the morning session and finally dipped below the break-even for most of the afternoon until bouncing higher in the last two hours of the day’s trading. Energy stocks led the dip, down nearly 3%, followed by basic materials, down about 2%. WTI crude oil for March delivery traded down around 2.9% today to settle at $29.50, while the February contract, which closes tomorrow, settled at $28.46, down about 3.3% for the day. Gold for February delivery traded down about 0.15% to settle at $1,089.10 for the day. Equities were headed for a higher close shortly before the closing bell as the DJIA traded up 0.46% for the day, the S&P 500 traded up 0.38%, and the Nasdaq Composite traded up 0.11%.
The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was UnitedHealth Group Inc. (NYSE: UNH) which traded up 3.03% at $112.58. The stock’s 52-week range is $95.00 to $126.21 and volume rose to about 40% above the daily average of around 4 million shares. The health insurance company reported better-than-expected earnings this morning.
McDonald’s Corp. (NYSE: MCD) traded up 1.88% at $117.35. The stock’s 52-week range is $87.50 to $120.23. Trading volume was about 10% below the daily average of around 6.6 million. The company had no specific news today.
Nike Inc. (NYSE: NKE) traded up 1.65% at $58.51. The stock’s 52-week range is $45.35 to $68.19. Trading volume was about 15% below the daily average of around 9.4 million. The company had no specific news today.
The Coca-Cola Co. (NYSE: KO) traded up 1.02% at $41.92. The stock’s 52-week range is $36.56 to $43.91. Volume was about 20% lower than the daily average of around 15 million shares traded. The company company announced a new advertising campaign today.
Of the Dow 30 stocks 19 are set to close higher today and 11 are on track to close lower.
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
