Daily Dow 30 Roundup: JPMorgan, Home Depot, and Walmart Lead the Way
The Dow (NYSE:DIA) has been trying to hit 12,000. Here are today’s biggest winners and losers in the Dow 30:
Bank of America (NYSE:BAC): U.S. Representative Barney Frank said he is open to working with Republicans to modify a Federal Reserve proposal to cap debit-card fees. Banks in general (NYSE:XLF) are simply having a strong day in sympathy with strong earnings from Morgan Stanley (NYSE:MS).
General Electric (NYSE:GE): Bulls are getting hot for GE ahead of tomorrows earnings and the global conglomerate is rumored to announce $4 billion in new deals with China.
Home Depot (NYSE:HD): This morning’s existing home sales pop of 12.1% has investors pushing HD shares back to 8 month highs.
Wal-Mart (NYSE:WMT): Walmart is joining Michelle Obama’s anti-obesity initiative by creating a 5-year plan to reduce unhealthy ingredients and lower prices for fruits and vegetables.
Boeing (NYSE:BA): Boeing is cutting another 900 jobs. Things continue to go sour for the aerospace goliath.
E.I. du Pont de Nemours and Company (NYSE:DD): Chemical companies are selling off today.
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