June 27, 2014: Markets opened lower for a fifth straight day on Friday and both the S&P 500 and the DJIA spend most of the day below the break-even line. The Nasdaq index traded higher most of the day as the tech sector posted the largest sector gain today. Shortly before the closing bell the DJIA traded up 0.03% for the day, the S&P 500 was up 0.17%, and the Nasdaq Composite traded up 0.40%.
Nike Inc. (NKE) posted the largest percentage increase among the Dow 30 today, and traded at $78.05, up 1.55% in a 52-week range of $60.18 to $80.26. Share volume was more than double the daily average of around 3.5million shares traded. The athletic gear company posted good earnings Thursday night.
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International Business Machines Corp. (IBM) traded up 0.90% at around $181.99 in a 52-week range of $172.19 to $200.94. Volume was about 30% lower than the daily average of around 4.3 million shares traded. The company had no news today.
The Procter & Gamble Co. (PG) traded higher today, up 0.56% at $79.07 shortly before today’s close. The stock’s 52-week range is $73.61 to $85.82. Volume was about 30% below the daily average of around 7.6 million shares traded. P&G had no news today, and gained most of what it lost yesterday.
American Express Co. (AXP) traded higher by 0.60% at $94.88 shortly before the closing bell. The stock’s 52-week range is $71.47 to $96.04. Volume was about 40% lower than the daily average of around 3.4 million shares traded. The company had no news today, but the financials sector was up about 0.2% today..
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Of the Dow 30 stocks 20 looked to close higher today and 9 were on their way to a lower finish and one was headed to a flat close.
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