The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was Wal-Mart Stores Inc. (NYSE: WMT) which traded up 2.26% at $86.03. The stock’s 52-week range is $65.28 to $86.29, a second consecutive high set this afternoon. Volume was nearly 3 times the daily average of around 8.3 million shares. The company boosted guidance and revealed a $20 billion share buyback program at its investors’ day program Tuesday. https://247wallst.com/retail/2017/10/10/walmart-sees-online-sales-up-40-total-sales-to-top-500-billion/
Johnson & Johnson (NYSE: JNJ) traded up 2.15% at $136.78. The stock’s 52-week range is $109.32 to $137.08. Volume was about 60% above the daily average of around 5.1 million. Jefferies raised the stock’s rating from Hold to Buy and lifted the price target from $145 to $157 this morning.
McDonald’s Corp. (NYSE: MCD) traded up 1.35% at $162.75. The stock’s 52-week range is $110.33 to $163.20, a new 52-week high posted today. Volume was slightly above the daily average of around 3.4 million shares. The company had no specific news Wednesday.
Visa Inc. (NYSE: V) traded up 1.05% at $108.44. The stock’s 52-week range is $75.17 to $108.59, and the high was posted this morning. Volume was about 10% below the daily average of around 6.8 million shares. The credit card issuer had no specific news Wednesday.
Of the Dow stocks, 14 are on track to close higher Wednesday and 16 are set to close lower.