3 Stocks Pushing the Dow Higher Today

As of 1:20 p.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) is up 0.4%, or 56 points, to 12,934. The S&P 500 (SNPINDEX: ^GSPC  ) is up 0.3% to 1,403.

The markets are higher despite a disappointing report from the housing sector this morning. The U.S. Department of Commerce said that sales of new single-family homes fell 0.3% last month. Adding insult to injury, the prior month's sales pace was revised markedly lower.

Despite the iffy economic news, 24 of the Dow's 30 components are up at the halfway point of the day. Here are three of the intraday winners.

Today's Dow leaders
Today's Dow leader is Hewlett-Packard (NYSE: HPQ  ) , up 2.4%. Shares of the world's largest PC-maker have been bouncing back after getting crushed following last week's disappointing quarterly report. The stock has now moved higher in four of the past five trading days, closing in on the price at which it traded just before the earnings report.

Yesterday HP released a statement claiming that it has uncovered new evidence to support its accusations of accounting manipulation at its ill-fated Autonomy acquisition.

Investors also can't leave home without American Express (NYSE: AXP  ) in their portfolio. The financial-services giant is up 1.6% today after announcing the early tender results of private offers to exchange senior notes expiring in 2019 and 2038 for new debt expiring three and four years later, respectively. Extending the maturity of the notes is apparently a hit: The note holders have committed nearly $2 billion to the swap so far.

Wal-Mart (NYSE: WMT  ) , up 1.6%, is another big winner. There's no material news on the world's largest retailer, but the sentiment has been generally upbeat among merchants early in the telltale holiday-shopping season.

Hey, at least shareholders don't have a reason to protest Wal-Mart today.

How now Dow cow
Profiting from our increasingly global economy can be as easy as investing in your own backyard. Our free report "3 American Companies Set to Dominate the World" shows you how. Click here to get your free copy before it's gone.

Read/Post Comments (0) | Recommend This Article (2)

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: 2130801, ~/Articles/ArticleHandler.aspx, 5/24/2016 2:04:23 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...

Rick Munarriz

Rick has been writing for Motley Fool since 1995 where he's a Consumer and Tech Stocks Specialist. Yes, that's a long time. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception. He earned his BBA and MBA from the University of Miami, and he now lives a block from his alma mater.

Today's Market

updated 4 hours ago Sponsored by:
DOW 17,492.93 -8.01 -0.05%
S&P 500 2,048.04 -4.28 -0.21%
NASD 4,765.78 -3.78 -0.08%

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

5/23/2016 4:00 PM
AXP $63.59 Down -0.33 -0.52%
American Express CAPS Rating: ****
HPQ $11.67 Up +0.01 +0.09%
HP Inc. CAPS Rating: ***
WMT $69.50 Down -0.36 -0.52%
Wal-Mart Stores CAPS Rating: ***