Investing
The 4 Stocks That Dominated the DJIA on Tuesday
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December 15, 2015: Markets opened higher on Tuesday and traded solidly in the green all day as investors and trader await tomorrow’s FOMC announcement on interest rate. Energy and financial stocks put up the largest gains today. WTI crude for January delivery added 2.9% today to settle at $37.35 per barrel. Gold for February delivery traded down about 0.2% to settle at $1,061.60 for the day, it lowest settlement since December 3rd. Equities were headed for a higher close shortly before the closing bell as the DJIA traded up 0.95% for the day, the S&P 500 traded up 1.11%, and the Nasdaq Composite traded up 0.90%.
The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was Exxon Mobil Corp. (NYSE: XOM) which traded up 4.33% at $79.32. The stock’s 52-week range is $66.55 to $95.18. Trading volume was about 30% above the daily average of about 15 million. Oil prices were higher today and that fueled the increased in Exxon’s stock price.
Chevron Corp. (NYSE: CVX) traded up 3.81% at $92.74. The stock’s 52-week range is $69.58 to $114.45. Trading volume was about 50% higher than the daily average of around 10 million. The company’s stock got the same boost that Exxon did. Who said that the DJIA is an energy index anyway?
The Goldman Sachs Group Inc. (NYSE: GS) traded up 3.36% at $182.34. The stock’s 52-week range is $167.49 to $218.77. Trading volume was about 10% lower than the daily average of around 3 million. The most heavily weighted stock in the DJIA had no specific news today.
JPMorgan Chase & Co. (NYSE: JPM) traded up 3.07% at $66.24. The stock’s 52-week range is $50.07 to $70.61. Volume was about equal to the daily average of around 14.7 million shares traded. The big bank had no specific news today.
Of the Dow 30 stocks 24 are set to close higher today and 6 are on track to close lower.
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