Caterpillar, Boeing Weigh on DJIA Thursday

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Caterpillar, Boeing Weigh on DJIA Thursday

© Thinkstock

[cnxvideo id=”625452″ placement=”ros”]February 2, 2017: Markets opened lower Thursday and after bobbing above and below the break-even line, appear to have settled in the red as the session reaches its close. Among the S&P’s 11 sectors, telecom was the big loser while real estate and consumer staples posted the biggest gains. Traders are patiently expecting Friday’s employment situation report. WTI crude oil for March delivery settled at $53.54 a barrel, down about 0.6% on the day. April gold added 0.9% on the day to settle at $1,219.40. Equities were headed for a mixed close close shortly before the bell as the DJIA traded down 0.02% for the day, the S&P 500 traded up 0.06%, and the Nasdaq Composite traded down 0.14%.

Stocks traded very near the break even line just minutes before the closing bell. The closing tally could differ from these results.

The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Caterpillar Inc. (NYSE: CAT) which traded down 1.48% at $93.70. The stock’s 52-week range is $60.51 to $99.46. Volume was about 40% below the daily average of around 4.9 million shares. The company had no specific news Thursday.

UnitedHealth Group Inc. (NYSE: UNH) traded down 1.21% at $160.74. The stock’s 52-week range is $108.83 to $164.00. Volume was about 10% below the daily average of around 4 million shares. The company had no specific news.

[nativounit]

The Boeing Co. (NYSE: BA) traded down 1.04% at $162.27. The stock’s 52-week range is $102.10 to $170.00. Volume was about 10% below the daily average of around 3.4 million shares. The company had no specific news Wednesday, but another competitor for the Air Force training jet contract dropped out Wednesday.

Microsoft Corp. (NASDAQ: MSFT) traded down 0.55% at $63.23. The stock’s 52-week range is $48.04 to $65.91. Volume was about 30% above the daily average of around 26 million shares. The company had no specific news Thursday.

Of the Dow 30 stocks, 12 are on track to close higher Thursday and 18 are set to close lower.

[wallst_email_signup]

Photo of Paul Ausick
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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618