Apple, DuPont Sink DJIA Tuesday
April 11, 2017 by Paul AusickApril 11, 2017: Markets opened mixed Tuesday and investors’ efforts to cross into positive territory mostly fell short. Among the 11 S&P sectors, only real estate posted a decent gain, but that was more than offset by the sell-off in financial stocks. WTI crude oil for May delivery settled at $53.40 a barrel, up 0.6% on the day. June gold added 1.6% on the day to settle at $1,274.20, a multi-month high. Equities were headed for a lower close shortly before the bell as the DJIA traded down 0.18% for the day, the S&P 500 traded down 0.29%, and the Nasdaq Composite traded down 0.42%.
The DJIA stock posting the largest daily percentage loss ahead of the close Tuesday was Apple Inc. (NASDAQ: AAPL) which traded down 1.33% at $141.26. The stock’s 52-week range is $89.47 to $145.46. Volume was less than 10% above the daily average of around 26.8 million shares. The company had no specific news.
E.I. du Pont de Nemours Inc. (NYSE: DD) traded down 1.13% at $79.10. The stock’s 52-week range is $61.12 to $82.37. Volume was about 45% below the daily average of around 2.9 million shares. The company had no specific news.
The Goldman Sachs Group Inc. (NYSE: GS) traded down 0.65% at $227.40. The stock’s 52-week range is $138.20 to $255.15. Volume was about 30% below the daily average of around 3.8 million. The company had no specific news Tuesday.
Pfizer Inc. (NYSE: PFE) traded down 0.51% at $33.87. The stock’s 52-week range is $29.83 to $37.39. Volume was about 30% below the daily average of around 25 million shares. The drugmaker had no specific news Tuesday.
Of the Dow stocks, 9 are on track to close higher Tuesday and 21 are set to close lower.
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