December 2, 2014: Markets opened higher on Tuesday as the energy sector managed to regain some of Monday’s lost ground. Crude oil prices didn’t keep pace, however, slipping to around $67 a barrel, down around $2 a barrel from yesterday’s closing price. Shortly before the closing bell the DJIA traded up 0.53% for the day, the S&P 500 traded up 0.57%, and the Nasdaq Composite up 0.51%.
The DJIA stock posting the largest daily gain ahead of the close Wednesday was Chevron Corp. (NYSE: CVX) which traded up 1.96% at $113.93. The stock’s 52-week range is $106.65 to $135.10. Volume was about equal to the daily average of around 7.3 million shares. The company had no specific news today, but the energy sector was today’s outstanding performer. Exxon, another of the Dow 30, rose about 2% as well today.
JPMorgan Chase & Co. (NYSE: JPM) traded higher by 1.78% at $61.07. The stock’s 52-week range is $52.97 to $61.93. Volume was about 35% below the daily average of around 14 million shares. The bank had no specific news today, but the financial sector as a whole gained about 0.7%.
3M Company (NYSE: MMM) traded up 1.50% at $160.54. The stock’s 52-week range is $123.61 to $160.86. Trading volume was about 20% below the daily average of around 2.8 million shares. The company had no specific news today.
The Procter & Gamble Co. (NYSE: PG) traded up 1.00% at $90.98. The stock’s 52-week range is $75.26 to $91.17, a new 52-week high set today. Trading volume was about 30% below the daily average of around 8 million shares. The company had no specific news today.
Of the Dow 30 stocks 10 are set to close lower today and 20 are on track to close higher.
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