Investing

The 4 Stocks That Weighed on the DJIA Tuesday

stock symbol ticker
Source: thinkstock
August 18, 2015: Markets opened lower on Tuesday even following a solid report on new U.S. housing starts. That was the only significant data released today, so the market sought direction from earnings reported heavy hitters like Home Depot and Walmart. But earnings were mixed and trading was on the light side. Crude oil settled up about 1.8% and gold slipped slightly to $1,116.90 per ounce on Comex. Shortly before the closing bell the DJIA traded down 0.21% for the day, the S&P 500 traded down 0.30%, and the Nasdaq Composite traded down 0.65%.

The DJIA stock posting the largest daily percentage loss ahead of the close Tuesday was Wal-Mart Stores Inc. (NYSE: WMT) which traded down 3.49% at $69.40. The stock’s 52-week range is $69.24 to $90.97, and the low was posted today. Trading volume was about two and a half times the daily average of around 7.6 million. The company reported disappointing results and cut its outlook this morning.

The Walt Disney Co. (NYSE: DIS) traded down 1.90% at $106.98. The stock’s 52-week range is $78.54 to $122.08. About 10 million shares traded hands today, around 25% below the daily average of about 8 million. The company’s stock was downgraded at Wells Fargo today.

Cisco Systems Inc. (NASDAQ: CSCO) traded lower by 1.93%% at $28.27. The stock’s 52-week range is $22.49 to $30.31. Trading volume was about 15% above the daily average of around 23.6 million. The company had no specific news today.

Exxon Mobil Corp. (NYSE: XOM) traded down 1.09% at $77.92. The stock’s 52-week range is $76.33 to $100.31. Trading volume was about 35% below the daily average of around 11.7 million. The company had no specific news today, but lagging crude oil prices are doing any oil company any favors.

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

ALSO READ: America’s Best Companies to Work For

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.