May 18, 2015: Markets opened lower on Monday, but the financial and healthcare sectors led the indexes above the break-even line by mid-morning. The gains are modest and trading volume was lighter than usual. No significant economic data was released today and none is expected tomorrow either. Shortly before the closing bell the DJIA traded up 0.22% for the day, the S&P 500 traded up 0.36%, and the Nasdaq Composite traded up 0.34%.
The DJIA stock posting the largest daily percentage gain ahead of the close Monday was Johnson & Johnson (NYSE: JNJ) which traded up 1.45%% at $103.78. The stock’s 52-week range is $95.10 to $109.49. Trading volume was nearly equal to the daily average of around 8 million shares. The company had no specific news today.
Apple Inc. (NASDAQ: AAPL) traded higher by 1.26% at $130.39. The stock’s 52-week range is $85.33 to $134.54. Trading volume was about 20% below the daily average of around 51.4 million shares. The company purchased a GPS company over the weekend and received a court decision Monday afternoon affirming its patent infringement case against Samsung.
The Home Depot Inc. (NYSE: HD) traded up 0.99% at $114.47. The stock’s 52-week range is $76.37 to $117.99. Trading volume was about 15% above the daily average of around 4.9 million shares. The company is scheduled to report first quarter earnings on Tuesday.
The Goldman Sachs Group Inc. (NYSE: GS) traded up 0.95% at $204.90. The stock’s 52-week range is $155.61 to $205.18, a new 52-week high set today. Trading volume was about 20% below the daily average of around 2.4 million shares. The company had no specific news today, but was the leading gainer among DJIA financial stocks.
Of the Dow 30 stocks 14 are set to close higher today and 16 are on track to close lower.