Investing

The 4 DJIA Stocks That Lifted the Market

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Source: thinkstock
November 13, 2014: Markets opened higher on Thursday, but once the U.S. crude oil inventory report came out, sagging oil prices weighed on the market. New jobless benefits claims were higher than expected and job openings decreased month-over-month. Shortly before the closing bell the DJIA traded up 0.24% for the day, the S&P 500 traded up 0.10%, and the Nasdaq Composite up 0.11%.

The DJIA stock posting the largest daily gain ahead of the close today was Wal-Mart Stores Inc. (NYSE: WMT) which traded up 4.73% at $82.95. The stock’s 52-week range is $72.27 to $83.06, and the high was set today. Volume was more than 3-times the daily average of around 6.4 million shares. Walmart posted a quarterly same-stores sales gain for the first time in seven quarters this morning, and also beat profit and revenue estimates.

The Boeing Co. (NYSE: BA) traded higher by 2.29% at $128.76. The stock’s 52-week range is $116.32 to $144.57. Volume was about 25% above the daily average of around 3.8 million shares. The company had no specific news today.

Cisco Systems Inc. (NASDAQ: CSCO) traded up 2.21% at $25.67. The stock’s 52-week range is $20.22 to $26.08. Trading volume was nearly double the daily average of around 27 million shares. The company reported solid earnings after markets closed on Wednesday.

Microsoft Corp. (NASDAQ: MSFT) traded higher by 1.66% at $49.59. The stock’s 52-week range is $34.63 to $49.63, and the high was set today. Volume was about 35% below the daily average of around 34 million shares. The company passed Exxon Mobil Corp. (NYSE: XOM) in market cap today, and now ranks second behind Apple Inc. (NASDAQ: AAPL) as the largest U.S. company by market cap.

Of the Dow 30 stocks 8 are set to close lower today and 22 are on track to close higher.

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