The 4 Stocks That Weighed on the DJIA Tuesday

August 25, 2015 by Paul Ausick

stock symbol ticker
Source: thinkstock
August 25, 2015: Markets opened higher on Tuesday and the markets quickly shook of the remaining effects of Monday’s tank job. WTI crude oil gained 2.8% ahead of Wednesday’s report on inventories, and gold settled down 1.3%. Gainers led losers by more than 10 to 1 early in the day, and equities appeared to be on their way to the closing bell with gainers outgunning losers by 3 to 1 or slightly better. That didn’t last though. Equities sold off big in the last hour of trading, throwing the lower close. Shortly before the closing bell the DJIA traded down 0.83% for the day, the S&P 500 traded down 0.90%, and the Nasdaq Composite traded down 0.06%.

The DJIA stock posting the largest daily percentage loss ahead of the close Tuesday was Merck & Co. (NYSE: MRK) which traded down 4.65% at $51.45. The stock’s 52-week range is $45.69 to $63.62. About 18 million shares traded hands today, about double than the daily average of about 9.7 million. The company had no specific news today.

Chevron Corp. (NYSE: CVX) traded lower by 2.36%% at $70.42. The stock’s 52-week range is $69.58 to $129.53. Trading volume was about double the daily average of around 8.7 million. The company could not hold onto a small gain in the last half-hour or so of trading today, even though crude oil prices were up.

Microsoft Corp. (NASDAQ: MSFT) traded down 2.40% at $40.68. The stock’s 52-week range is $39.72 to $50.05. Trading volume was nearly double the daily average of around 32 million. The company had no specific news today.

Verizon Communications Inc. (NYSE: VZ) traded down 2.07% at $43.81. The stock’s 52-week range is $38.06 to $51.73. Trading volume was about 50% higher than the daily average of around 15 million. The company had no specific news today.Of the Dow 30 stocks 21 are set to close lower today and 9 are on track to close higher.

ALSO READ: The Net Worth of Each Presidential Candidate

Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.

Posted in Investing | Comments Off on The 4 Stocks That Weighed on the DJIA Tuesday