August 11, 2014: Markets opened higher Monday following a relatively quiet weekend on the geopolitical front. Semiconductors and biotechs were among the better performing sectors on a day when no economic data was released. Shortly before closing today the DJIA traded up 0.11% for the day, the S&P 500 traded up 0.29%, and the Nasdaq Composite traded up 0.70%.
The Dow 30 stock posting the biggest percentage gain today was Intel Corp. (NASDAQ: INTC) which traded up 1.41% at $33.05 in a 52-week range of $21.89 to $34.83. Volume was about 35% below the daily average of around 24 million shares traded. The chipmaker offered up some details of the production process it will use to produce its newest chips.
Caterpillar Inc. (NYSE: CAT) traded up 1.25% at $104.57. The stock’s 52-week range is $81.46 to $111.46. Share volume was about equal to the daily average of around 3.8 million shares traded. There was no news on the firm today.
Cisco Systems Inc. (NASDAQ: CSCO) traded higher by 0.92% at $25.27 today. The stock’s 52-week range is $20.22 to $26.48. Volume was about 25% below the daily average of around 30 million shares traded. The company reports earnings after markets close today.
The Walt Disney Co. (NYSE: DIS) traded up 0.79% today at $87.54 in a 52-week range of $60.41 to $87.98. The high was set today. Volume was about 25% below the daily average of around 6 million shares. The company had no news today.
Of the Dow 30 stocks 18 are set to close higher today and 12 are poised to close lower.
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