Chevron, General Electric Lift DJIA Wednesday

September 13, 2017 by Paul Ausick

Source: Thinkstock
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October delivery settled at $49.30 a barrel, up 2.2% on the day. December gold dropped 0.4% to settle at $1,328.00. Equities were headed for a mixed close shortly before the bell as the DJIA traded up 0.11% for the day, the S&P 500 traded down 0.03%, and the Nasdaq Composite traded down 0.07%.

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was Chevron Corp. (NYSE: CVX) which traded up 1.55% at $114.24. The stock’s 52-week range is $97.53 to $119.00. Volume was about 20% below the daily average of around 17 million shares. The company had no specific news.

General Electric Co. (NYSE: GE) traded up 0.92% at $24.13. The stock’s 52-week range is $23.58 to $32.38. Volume was about 20% below the daily average of around 38 million. The company had no specific news.

The Walt Disney Co. (NYSE: DIS) traded up 0.95% at $98.82. The stock’s 52-week range is $90.32 to $116.10. Volume was around 25% belowthe daily average of about 7.7 million shares. The company had no specific news.

Verizon Communications Inc. (NYSE: VZ) traded up 0.88% at $47.20. The stock’s 52-week range is $42.80 to $54.83. Volume was about 40% below the daily average of around 14 million shares. The company announced its offers for customers who want to upgrade to the newest iPhone models or the new Apple Watch Series 3..

Of the Dow stocks, 20 are on track to close higher Wednesday and 10 are set to close lower.