The 5 Dow Stocks That Defied the Selling Tuesday

Investing

Published: May 3, 2016 4:01 pm

Last Updated: January 13, 2020 9:55 am

May 3, 2016: Markets opened lower Tuesday following some overnight weakness in overseas markets resulting from weak data on trade from both China and Europe and a strengthening dollar. Energy prices were also lower, and the only sector threatening a (small) positive finish for day is healthcare. WTI crude oil for June delivery settled at $43.65 a barrel, down about 2.5% for the day. June gold slipped 0.3% on the day to settle at $1,291.80. Equities were headed for a lower close shortly before the closing bell as the DJIA traded down 0.70% for the day, the S&P 500 traded down 0.80%, and the Nasdaq Composite traded down 1.06%.

The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was Pfizer Inc. (NYSE: PFE) which traded up 2.80% at $33.72. The stock’s 52-week range is $28.25 to $36.46. Trading volume was about 25% above the daily average of around 49 million. The drug maker reported good earnings this morning and raised its full-year guidance.

Apple Inc. (NASDAQ: AAPL) traded up 1.79% at $95.32. The stock’s 52-week range is $92.00 to $132.97. Volume was about 30% above the daily average of around 38 million shares. The tech giant had no specific news Tuesday, but the bump ends an 8-day losing streak for the stock.

UnitedHealth Group Inc. (NYSE: UNH) traded up 0.31% at $132.51. The stock’s 52-week range is $95.00 to $135.11. Volume was about 10% below the daily average of around 3.4 million shares. The health insurance provider had no news Tuesday.

ALSO READ: 3 Companies to Buy That Blew Out Q1 Earnings

McDonald’s Corp. (NYSE: MCD) traded up 0.28% at $128.56. The stock’s 52-week range is $87.50 to $129.80. Trading volume was about half the daily average of around 6.5 million. The fast-food behemoth had no specific news on Tuesday.

The Procter & Gamble Co. (NYSE: PG) traded up 0.20% at $81.13. The stock’s 52-week range is $65.02 to $83.87. Volume was about 30% below the daily average of around 9 million shares traded. The company had no specific news Tuesday.

Of the Dow 30 stocks 25 are set to close lower Tuesday and 5 are on track to close higher.

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.