The DJIA stock posting the largest daily percentage loss ahead of the close Friday was Intel Corp. (NASDAQ: INTC) which traded down 1.57% at $45.58. The stock’s 52-week range is $33.23 to $47.30. Volume was about 25% below the daily average of around 24.8 million shares. The company had no specific news.
Merck & Co. Inc. (NYSE: MRK) traded down 1.26% at $55.50. The stock’s 52-week range is $54.41 to $66.80. Volume was about 20% above the daily average of around 9.4 million shares. The drug maker on Thursday received approval for its Prevymis drug.
Exxon Mobil Corp. (NYSE: XOM) traded down 1.26% at $82.93. The stock’s 52-week range is $76.05 to $93.22. Volume was about 30% below the daily average of around 9.4 million. The company had no specific news Friday, but a lower price for crude and an increase in the U.S. rig count are not conducive to enthusiasm among oil company investors.
McDonald’s Corp. (NYSE: MCD) traded down 0.99% at $165.35. The stock’s 52-week range is $114.17 to $170.92. Volume was about equal to the daily average of around 3.3 million shares. The fast-food behemoth had another poor trading day Friday.
Of the Dow stocks, 9 are on track to close higher Friday and 21 are set to close lower.