The 4 Stocks Lifted the DJIA on Monday
November 2, 2015 by Paul AusickNovember 2, 2015: Markets opened higher on Monday and added strength as the day drew to a close. Healthcare and energy stocks carried the weight today even though WTI crude oil for December delivery settled at $46.14 a barrel, down 1% on the day. Gold settled at $1,135.90, down 0.5% for the day and its lowest level in a month. Equities were headed for a higher close shortly before the closing bell as the DJIA traded up 0.90% for the day, the S&P 500 traded up 1.16%, and the Nasdaq Composite traded up 1.36%.
The DJIA stock posting the largest daily percentage gain ahead of the close Monday was Chevron Corp. (NYSE: CVX) which traded up 4.70% at $95.18. The stock’s 52-week range is $69.58 to $119.97. Trading volume was nearly equal to the daily average of about 12 million. The company had no specific news today, but some encouraging words from a report a Barron’s gave made up for today’s drop in crude oil prices.
Pfizer Inc. (NYSE: PFE) traded up 3.77% at $35.11. The stock’s 52-week range is $28.47 to $36.46. Volume was about 20% above the daily average of about 28 million shares traded. The drug company also received some approving coverage from Barron’s.
Exxon Mobil Corp. (NYSE: XOM) traded up 3.22% at $85.41. The stock’s 52-week range is $66.55 to $97.20. Trading volume was less than 10% below the daily average of about 16 million. Like Chevron, the company had no specific news today, but was included in the Barron’s report.
3M Company (NYSE: MMM) traded up 1.69% at $159.86. The stock’s 52-week range is $134.00 to $170.50. Trading volume was about 10% below the daily average of around 2.8 million. The company had no specific news today.
Of the Dow 30 stocks 25 are set to close higher today and 5 are on track to close higher.
ALSO READ: The Most Popular Brand in Each State
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.