Investing

The 4 Stocks That Weighed on the DJIA on Wednesday

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Source: thinkstock
February 18, 2015: Markets opened lower again on Wednesday on some lukewarm news on industrial production and housing starts. When the FOMC minutes were released in the afternoon stocks posted a few points of gain, but almost immediately gave them back. Trading was quite light today Shortly before the closing bell the DJIA traded down 0.19% for the day, the S&P 500 traded down 0.14%, and the Nasdaq Composite traded up 0.02%.

The DJIA stock posting the largest daily percentage loss ahead of the close Wednesday was Exxon Mobil Corp. (NYSE: XOM) which traded down 2.45% at $90.77. The stock’s 52-week range is $86.03 to $104.76. Trading volume was about equal to the daily average of around 16 million shares. An explosion at an Exxon refinery in California rattled investors today, as did tumbling crude prices

Chevron Corp. (NYSE: CVX) traded lower by 1.76% at $110.43. The stock’s 52-week range is $98.88 to $135.10. Trading volume was about 40% below the daily average of around 9.5 million shares. The company had no specific news today, but low oil prices hurt Chevron stock today.

Intel Corp. (NASDAQ: INTC) traded down 1.40% at $34.25. The stock’s 52-week range is $24.30 to $37.90. Trading volume was about 40% below the daily average of around 30 million shares. The chipmaker had no specific news today.

JPMorgan Chase & Co. (NYSE: JPM) traded down 1.26% at $59.34. The stock’s 52-week range is $52.97 to $63.49. Trading volume was about 40% below the daily average of around 17.8 million shares. The bank had no specific news today.

Of the Dow 30 stocks 19 are set to close lower today and 11 are on track to close higher.

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