Investing
Apple, Microsoft Lead the DJIA Higher Tuesday
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November 21, 2017: Markets opened higher again Tuesday following a 10+-year high in the Chicago Fed’s national activity index. The sale of existing homes rose 2% last month, its largest gain since the summer. Â Only the telecom sector traded lower on Tuesday, with tech and healthcare the day’s leaders. WTI crude oil for January delivery settled at $56.83 a barrel, up 0.7% for the day on the contract’s first front-month trading day. December gold added 0.5% on the day to settle at $1,281.70. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.67% for the day, the S&P 500 traded up 0.66%, and the Nasdaq Composite traded up 1.01%.
The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was Apple Inc. (NASDAQ: AAPL) which traded up 1.7% at $172.87. The stock’s 52-week range is $108.25 to $176.24. Volume was about 30% below the daily average of around 28 million shares. The world’s most valuable company had no specific news.
Microsoft Corp. (NASDAQ: MSFT) traded up 1.47% at $83.75. The stock’s 52-week range is $58.80 to $86.20. Volume was about a third below the daily average of around 19 million. The company had no specific news.
Visa Inc. (NYSE: V) traded up 1.25% at $111.32. The stock’s 52-week range is $75.17 to $112.91. Volume was about 20% below the daily average of around 6.4 million shares. The company had no specific news Tuesday.
3M Company (NYSE: MMM) traded up 1.17% at $234.20. The stock’s 52-week range is $171.09 to $238.90. Volume was about 20% below the daily average of around 1.8 million shares. The state of Minnesota hit the company with a lawsuit alleging illegal chemical dumping in the Twin Cities metro area that caused $5 billion in damages.
Of the Dow stocks, 26 are on track to close higher Tuesday and just 4 are set to close lower.
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