Investing

The 4 DJIA Stocks That Guided Markets to a Mixed Close

stock symbol ticker
Source: thinkstock
October 27, 2014: Markets opened lower on Monday as traders hit back at Brazilian voters who re-elected Dilma Rousseff as the country’s leader. Also, over the weekend the European Central Bank revealed that 25 eurozone banks were short of capital goals. That’s never a good sign. Shortly before the closing bell the DJIA traded up 0.1% for the day, the S&P 500 traded down 0.12%, and the Nasdaq Composite traded up 0.10%.

The Dow 30 stock posting the largest daily loss ahead of the close today was Merck & Co. Inc. (NYSE: MRK) which traded lower by 2.03% at $56.44. The stock’s 52-week range is $44.62 to $61.33. Volume was about 15% higher than the daily average of around 9.6 million shares. The company’s revenue total missed estimates this morning.

E. I. du Pont de Nemours and Co. (NYSE: DD) traded down 1.41% at $68.03. The stock’s 52-week range is $59.35 to $72.92. Trading volume was about 10% higher than the daily average of around 4.8 million shares. DuPont reports third-quarter results tomorrow.

Caterpillar Inc. (NYSE: CAT) traded down 1.01% at $98.44. The stock’s 52-week range is $81.87 to $111.46. An analyst at Raymond James today recommended waiting for a “more attractive entry point” before buyin shares of the heavy equipment maker. Volume was about 20% below the daily average of around 5.2 million shares.

Exxon Mobil Corp. (NYSE: XOM) traded down 0.79% at $93.74 in a 52-week range of $86.91 to $104.76. Volume was about 20% below the daily average of around 11.5 million shares. Goldman Sachs today forecast a per barrel price for crude oil in 2015 of $75.

Of the Dow 30 stocks only 3 are set to close lower today and 27 are on track to close higher, the proportion as on Thursday.

ALSO READ: The 20 Most Profitable Companies in the World

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.