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The 4 Stocks That Pressured the DJIA on Tuesday

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Source: thinkstock
June 9, 2015: Markets opened mixed on Tuesday with the Nasdaq Composite dipping on weakness in biotechs and tech stocks in early trading. Yields on 10-year Treasuries rose 4 basis points on dollar weakness. Oil rose more than 3% today and natural gas rose nearly 5%. Shortly before the closing bell the DJIA traded down 0.07% for the day, the S&P 500 traded up 0.01%, and the Nasdaq Composite traded down 0.19%.

The DJIA stock posting the largest daily percentage loss ahead of the close Monday was The Walt Disney Co. (NYSE: DIS) which traded down 0.84% at $108.37. The stock’s 52-week range is $78.54 to $113.30. About 5.9 million shares traded hands today, in line with the daily average. The company has been threatened with a Congressional investigation of its worker vsa program.

McDonald’s Corp. (NYSE: MCD) traded down 0.70% at $94.65. The stock’s 52-week range is $87.62 to $102.30. Trading volume totaled about 6.5 million shares, in line with the daily average. The company said today that former Obama press secretary Robert Gibbs is McDonald’s new executive vice-president and chief global communications officer.

Apple Inc. (NASDAQ: AAPL) traded down 0.40% at $127.29. The stock’s 52-week range is $89.65 to $134.54. Trading volume topped 49 million shares, above the daily average of around 48 million. The company’s worldwide developers’ meeting did not result in any unexpected breakthrough announcement that would make investors deliriously happy.

The Boeing Co. (NYSE: BA) traded lower by 0.40% at $140.08. The stock’s 52-week range is $116.32 to $158.83. Trading volume was around 2 million shares, well below the daily average of around 3.8 million. The U.S. Congress appears unlikely to re-authorize the Export-Import Bank. Boeing is the largest beneficiary of the bank’s loan guarantee program for foreign customers.

Of the Dow 30 stocks 17 are set to close lower today and 13 are on track to close higher.

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