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The 4 Stocks That Edged the DJIA to a Break-even Close Wednesday

August 12, 2015: Markets opened lower on Wednesday after China’s central bank fiddled with the yuan exchange rate again overnight. Today’s June job openings and labor turnover survey (JOLTS) posted results similar to May’s which were good if not great. Crude oil touched a 6-year low before bouncing back and gold settled higher. After spending virtually the entire day in the red, equities were headed for a small gain by day’s end. Shortly before the closing bell the DJIA traded down fractionally for the day, the S&P 500 traded up 0.07%, and the Nasdaq Composite traded up 0.17%.

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was Intel Corp. (NASDAQ: INTC) which traded up 1.81 at $29.50. The stock’s 52-week range is $27.62 to $37.90. About 27 million shares traded hands today, around 50% below the daily average of about 32 million. An analyst said today that the company might earn half of Apple’s iPhone business.

Exxon Mobil Corp. (NYSE: XO) traded up 1.61% at $78.74. The stock’s 52-week range is $76.62 to $100.31. Trading volume was about 20% above the daily average of around 11.5 million. Crude oil settle up about 0.5% today after a pretty bumpy ride.

Apple Inc. (NASDAQ: AAPL) traded higher by 1.45%% at $115.14. The stock’s 52-week range is $95.18 to $134.54. Trading volume was about double the daily average of around 47 million. Investors seem to have calmed down about China today after an initial rerun of yesterday’s trading..

Caterpillar Inc. (NYSE: CAT) traded up 1.20% at $78.97. The stock’s 52-week range is $74.77 to $109.73. Trading volume was was about 20% above the daily average of around 5 million. The company had no specific news today.Of the Dow 30 stocks 16 are set to close higher today and 14 are on track to close lower.

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By Paul Ausick


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