June 26, 2017: Markets opened higher Monday but the Nasdaq Composite turned south early on and remained there for most of the day. The tech sector was the day’s poorest performer while utilities and telecom performed best. WTI crude oil for August delivery settled at $43.38 a barrel, up 0.9% on the day. August gold dropped 0.8% for the day to settle at $1,246.40. Equities were headed for a mixed close shortly before the bell as the DJIA traded up 0.17% for the day, the S&P 500 traded up 0.11%, and the Nasdaq Composite traded down 0.22%.
The DJIA stock posting the largest daily percentage gain ahead of the close Monday was The Goldman Sachs Group Inc. (NYSE: GS) which traded up 1.73% at $220.94. The stock’s 52-week range is $138.20 to $255.15. Volume was about 45% below the daily average of around 3.7 million shares. The investment bank had no specific news Friday.
The Walt Disney Co. (NYSE: DIS) traded up 1.26% at $105.68. The stock’s 52-week range is $90.32 to $116.10. Volume was about 30% below the daily average of around 6.8 million shares. The company had no specific news.
Wal-Mart Stores Inc. (NYSE: WMT) traded up 1.03% at $75.61. The stock’s 52-week range is $65.28 to $80.47. Volume was less than 65% below the daily average of around 8.9 million. The company had no specific news.
American Express Co. (NYSE: AXP) traded up 0.95% at $83.00. The stock’s 52-week range is $57.15 to $83.28, a new 52-week high posted this morning. Volume was around 35% below the daily average of about 3.5 million shares. The company had no specific news.
Of the Dow stocks, 18 are on track to close higher Monday and 12 are set to close lower.