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The 4 Stocks That Sank the DJIA on Tuesday

September 22, 2015: Markets opened lower on Tuesday following a down day in Europe which was mostly due to weakness in London’s basic materials sector and Germany’s auto sector. U.S. WTI settled at $45.83 a barrel, down 1.8% and gold settled at $1,124.80, down 0.7% on the day. Shortly before the closing bell the DJIA traded down 1.06% for the day, the S&P 500 traded down 1.19%, and the Nasdaq Composite traded down 1.47%.

The DJIA stock posting the largest daily percentage loss ahead of the close Tuesday was United Technologies Corp. (NYSE: UTX) which traded lower by 3.62% at $88.24. The stock’s 52-week range is $87.17 to $124.45. Trading volume was about 10% above the daily average of around 5.5 million. The company had no specific news today.

The Goldman Sachs Group Inc. (NYSE: GS) traded down 1.97% at $179.73. The stock’s 52-week range is $171.26 to $218.77. Trading volume was about equal to the daily average of around 3 million. The company reported today the CEO Lloyd Blankfein has a curable form of lymphoma.

Apple Inc. (NASDAQ: AAPL) traded down 1.66% at $113.30. The stock’s 52-week range is $92.00 to $134.54. Trading volume was about 30% below the daily average of around 59 million. Reports that the company is working on an electric car to debut in 2019 have probably had the effect of leading some investors to wonder what Apple could be thinking of.

Intel Corp. (NASDAQ: INTC) traded down 1.70% at $28.67. The stock’s 52-week range is $24.87 to $37.90. Trading volume was about 40% below the daily average of around 34 million. The company had no specific news today.

Of the Dow 30 stocks 26 are set to close lower today and 4 are on track to close higher.

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By Paul Ausick


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