Drug maker Merck & Co. (NYSE: MRK) reported mixed results this morning, but the 7% rise in profit was enough to give the shares a decent boost. The stock traded up 3.51% at $58.66 and posted a new 52-week high of $58.85. The stock’s 52-week low is $44.60. Share volume was about equal to the daily average of around 11.7 million shares traded.
Dow heavyweight Visa Inc. (NYSE: V) again helped boost the blue chips. Shares traded up 0.78% at $202.96 in a 52-week range of $163.60 to $235.50. Volume was about 25% lower than the daily average of around 3.7 million shares. The consumer finance sector as a whole posted a gain of about 1.4% today, as MasterCard performed about equally with Visa.
McDonald’s Corp. (NYSE: MCD) traded today at $101.58, posting a gain of 1.27% shortly before the closing bell. The stock’s 52-week range is $92.22 to $103.34. Share volume was about equal to the daily average of around 5.4 million shares traded. There was no bad news for the Golden Arches today.
ALSO READ: America’s Most (and Least) Common Jobs
Nasdaq and S&P 500 stock Facebook Inc. (NASDAQ: FB) traded up 3.46% today at $58.07 in a 52-week range of $22.67 to $72.59. Volume was about equal to the daily average of more than 71 million shares. Momentum could be turning positive for Facebook and it might be able to drag a few other social media companies along with it.
Of the Dow 30 stocks 20 were set to close higher today while 9 look to close lower and 1 was on track to close flat.
ALSO READ: Cities with the Most Content (and Miserable) Workers
Smart Investors Are Quietly Loading Up on These “Dividend Legends” (Sponsored)
If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.
Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.