These Stocks Are Defying the Dow's Drop

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

At the halfway point of the trading day, the Dow Jones Industrial Average (INDEX: ^DJI  ) was down 21 points (-0.15%) to 13,436. The S&P 500 (INDEX: ^GSPC  ) is down six points (-0.41%) to 1,436.

There was one economic release this morning which was slightly negative for stocks. The Commerce Department announced that new-home sales dropped slightly to an annualized 373,000 in August, down from 374,000 in July. That's still up 22% from a year ago.

For the past few months, the housing market has been picking up, and we are seeing that in numerous economic releases, including yesterday's home price indices. Yesterday it was announced that the Case-Shiller home price index rose 1.6% in July, down from June's 2.3% growth. The second release was the FHFA home price index, which rose 0.2% in July, below June's 0.7% growth. While both these numbers weren't great, economists were pleased that they were positive.

The markets as a whole are down slightly, but a few stocks are pushing the Dow higher.

Today's Dow leaders
Today's Dow leader is Boeing (NYSE: BA  ) , up 1.35% ($0.94) to $70.32. The jet manufacturer has been the subject of a trade dispute between the U.S. and the EU. The EU today alleged that the U.S. still gives Boeing subsidies that were made illegal by a World Trade Organization ruling. The U.S. disagrees and says it has complied.

In other news, a report out of Reuters says Boeing competitor BAE Systems may break up if its proposed merger with Airbus parent EADS does not get approved. Fool analyst John Maxfield recently reviewed Boeing. Click here for his take.

Second for the day is Coca-Cola (NYSE: KO  ) , up 0.72% ($0.27) to $37.95. The company and its chief competitor PepsiCo are up today on no real news. It happens. While there's no news, there's plenty to like about Coke. Fool analyst Andrew Marder recently wrote why investors should continue to love Coke, and Fool analyst Michael Lewis recently looked at Coke's plan for the future, dubbed 2020 Vision.

The best approach
Watching the broad market each day is exciting, but investing doesn't have to be gut-wrenching and stressful. If you're in the mood to pick up some solid buys for the long term, The Motley Fool has created a brand-new free report from our expert analysts: "2 Dirt Cheap Stocks With Huge Dividends." It won't be available forever, so click here -- it's free.

Dan Dzombak can be found on his Facebook page. He holds no position in any company mentioned. The Motley Fool owns shares of The Coca-Cola Company. Motley Fool newsletter services recommend The Coca-Cola Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (4)

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: 2032694, ~/Articles/ArticleHandler.aspx, 10/25/2016 1:27:50 PM

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 Moments ago Sponsored by:
DOW 18,182.19 -40.84 -0.22%
S&P 500 2,145.30 -6.03 -0.28%
NASD 5,282.89 -26.94 -0.51%

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

10/25/2016 1:12 PM
^DJI $18182.25 Down -40.78 -0.22%
^GSPC $2145.32 Down -6.01 -0.28%
S&P 500 INDEX CAPS Rating: No stars
BA $138.98 Up +1.53 +1.11%
Boeing CAPS Rating: ****
KO $42.55 Down -0.01 -0.02%
Coca-Cola CAPS Rating: ****