Apple, JPMorgan Boost DJIA on Monday
June 19, 2017 by Paul AusickJune 19, 2017: Markets opened higher Monday as tech and healthcare stocks carry the day. Th energy, telecom, and utilities lagged on Monday. No significant economic news was released today nor is any expected until Wednesday’s reports on existing homes and crude oil inventories. WTI crude oil for July delivery settled at $44.20 a barrel, down 1.2% for the day. August gold dropped 0.8% for the day to settle at $1,246.70. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.62% for the day, the S&P 500 traded up 0.78%, and the Nasdaq Composite traded up 1.38%.
The DJIA stock posting the largest daily percentage gain ahead of the close Monday was Apple Inc. (NASDAQ: AAPL) which traded up 2.71% at $146.12. The stock’s 52-week range is $91.50 to $156.65. Volume was less than 10% below the daily average of around 27 million shares. The company had no specific news Monday.
JPMorgan Chase & Co. (NYSE: JPM) traded up 2.21% at $88.08. The stock’s 52-week range is $57.05 to $93.98. Volume was about 30% above the daily average of around 15 million. The company had no specific news.
The Goldman Sachs Group Inc. (NYSE: GS) traded up 2.09% at $226.44. The stock’s 52-week range is $138.20 to $255.15. Volume was about 30% lower than the daily average of around 3.8 million shares. The investment bank had no specific news.
Nike Inc. (NYSE: NKE) traded up 1.63% at $51.94. The stock’s 52-week range is $49.01 to $60.33. Volume was about 20% below the daily average of around 10 million shares. The company had no specific news Monday.
Of the Dow stocks, 21 are on track to close higher Monday and 9 are set to close lower.
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.