July 13, 2015: Markets opened higher for the third day in a row on Monday following an agreement on a plan to extend additional lending to Greece aimed at keeping the country from leaving the eurozone. A potential agreement between Iran and a group of six countries over the Iranian nuclear program that would lift sanctions and likely add to the current world oil glut did not weigh on equities today. Shortly before the closing bell the DJIA traded up 1.23% for the day, the S&P 500 traded up 1.12%, and the Nasdaq Composite traded up 1.51%.
The DJIA stock posting the largest daily percentage gain ahead of the close Monday was E.I du Pont de Nemours and Co. (NYSE: DD) which traded up 2.23% at $59.55. The stock’s 52-week range is $57.87 to $76.59. Trading volume was around 4.5 million shares, about 25% below the daily average of around 6.2 million. The company had no specific news today.
Microsoft Corp. (NASDAQ: MSFT) traded up 2.20% at $45.59. The stock’s 52-week range is $40.12 to $50.05. Around 21 million shares traded hands today, about a third lower than the daily average of around 34 million. The launch of Windows 10 is on track for the end of July, and that has pushed the share price up today.
Intel Corp. (NASDAQ: INTC) traded up 2.04% at $29.76. The stock’s 52-week range is $28.82 to $37.90. Trading volume was about 25% below the daily average of around 29 million. Intel got mixed–but mostly good–reviews from analysts today.
Apple Inc. (NASDAQ: AAPL) traded higher by 1.92%% at $125.65. The stock’s 52-week range is $92.57 to $134.54. Trading volume was about 35% below the daily average of around 46 million. The company continues to dominate the profit picture in the smartphone market.
Of the Dow 30 stocks 29 are set to close higher today and just 1 (Merck) is on track to close lower.
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