April 4, 2016: Markets opened lower again on Monday following an expected decline in orders for new manufactured goods. Overseas, crude oil prices slipped and have continued to fall during the day. Finally, Boston Fed president Eric Rosengren said that the Fed might high have to raise rates again sooner than it expected to. That cools buying enthusiasm without any help. WTI crude oil for May delivery settled at $35.70 a barrel, down 3% for the day. June gold dropped 0.3% to settle at $1,219.30 for the day. Equities were headed for a lower close shortly before the closing bell as the DJIA traded down 0.31% for the day, the S&P 500 traded down 0.32%, and the Nasdaq Composite traded down 0.46%.

The DJIA stock posting the largest daily percentage gain ahead of the close Friday was Nike Inc. (NYSE: NKE) which traded down 2.70% at $59.93. The stock’s 52-week range is $47.25 to $68.19. Volume was about 50% higher than the daily average of around 10.5 million shares. The athletic gear maker had no specific news Monday.

General Electric (NYSE: GE) traded down 2.32% at $31.19. The stock’s 52-week range is $19.37 to $32.05. Trading volume was about 15% below the daily average of around 45 million. The industrial giant’s stock was downgraded this morning by analysts at Bernstein.

Cisco Systems Inc. (NASDAQ: CSCO) traded down 1.99% at $28.12. The stock’s 52-week range is $22.46 to $29.90. Trading volume was about less than half the daily average of around 32 million. The networking firm had no specific news on Monday.

Caterpillar Inc. (NYSE: CAT) traded down 1.45% at $75.68. The stock’s 52-week range is $56.36 to $89.62. Volume was about 45% lower than the daily average of around 7.2 million shares traded. The heavy equipment maker had no news Monday, but has been tracking oil prices for a while now.

Of the Dow 30 stocks 18 are set to close lower on Friday and 12 are on track to close higher.

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