The Dow's Late-Day Rebound Didn't Help These Stocks

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

If you've looked closely at the Dow Jones Industrials (INDEX: ^DJI  ) recently, then you're no stranger to volatility. Even within a given trading session, wild swings show just how temperamental the markets can be. After falling this morning on depressing economic data that manufacturing activity slowed for the first time in almost three years, suggesting that the slow-paced economic recovery is having trouble keeping momentum, the Dow managed to cut its losses by the end of the day, finishing down just 9 points. Increasingly, investors seem convinced that the Federal Reserve will take further stimulative action to boost the economy.

Even after the comeback, the Dow was evenly split between winners and losers. Leading the way down was DuPont (NYSE: DD  ) , which fell more than 2%. Analyst firm Jefferies cut a dime off earnings-per-share estimates for 2012 and $0.20 in 2013 for DuPont, and similarly trimmed chemical industry peer Huntsman (NYSE: HUN  ) , which fell almost 3%. DuPont's shares have tripled since their early 2009 lows, but with recent declines, the stock is now flat since late 2010.

General Electric (NYSE: GE  ) fell 1.7% despite announcing a deal with Russian oil giant Rosneft to provide oil and gas technology and equipment. Unfortunately, the timing is a little off, with oil prices remaining well below their highs for the year despite a big rebound last Friday. But the deal could eventually make GE a player in the fossil-fuel energy industry to join its big commitment to alternative-energy production.

Finally, Bank of America (NYSE: BAC  ) dropped about 1.6%. The bank is still sensitive to economic pressures, but one interesting piece of news today involved a big gain in sales of municipal bonds, amounting to almost $192 billion and rising 69% from year-ago levels. With B of A Merrill Lynch winning out as top underwriter with more than $26 billion in deals, it's clear that the company is benefiting from investors' desire to avoid taxes by buying muni bonds.

Get over your losses
Sometimes, your stocks will have bad days. But if you pick the right ones, they should pay off for you in the long run. Make better choices by reading the Fool's latest special report, where you'll find revealed the three Dow stocks dividend investors need. The report is absolutely free, so get your copy today.

Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter, @DanCaplinger. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1931344, ~/Articles/ArticleHandler.aspx, 10/28/2016 8:07:32 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 10 hours ago Sponsored by:
DOW 18,169.68 -29.65 -0.16%
S&P 500 2,133.04 -6.39 -0.30%
NASD 5,215.97 -34.29 -0.65%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/27/2016 4:35 PM
^DJI $18169.68 Down -29.65 -0.16%
BAC $16.91 Up +0.04 +0.24%
Bank of America CAPS Rating: ****
DD $69.84 Up +1.16 +1.69%
DuPont CAPS Rating: ****
GE $28.63 Down -0.24 -0.83%
General Electric CAPS Rating: ****
HUN $16.29 Down -0.27 -1.63%
Huntsman CAPS Rating: ***