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Why Only 3 Dow Stocks Closed Lower Today

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This morning started with concerning comments from Warren Buffett and lackluster numbers for new home sales. But while the markets opened on a down note, they ended the day on a nice upward move. Positive comments came from Washington a little after midday, and investors reacted nicely. The Dow Jones Industrial Average (INDEX: ^DJI  ) closed up more than 106 points or 0.83%, and now sits at 12,985. Today, only three of the Dow's 30 components ended the trading session in the red. Those lonely losers were Boeing (NYSE: BA  ) , Cisco (Nasdaq: CSCO  ) , and Du Pont (NYSE: DD  ) .

So why did they fall?
Shares of aircraft manufacturer Boeing fell by 0.54%. A report by the National Transportation Safety Board released today calls for mandatory fire-suppression systems, improved fire detection, and fire-resistant cargo containers for all cargo planes operating in the U.S. While the safety board has no regulatory authority, it does have influence on new regulations within the industry, and since there have been three separate incidents since 2007 in which cargo planes have burst into flames, these recommendations will likely be heard. The proposed new regulations could cause Boeing to delay aircraft delivery in the future because of changes to current aircraft designs.

Cisco Systems became the Dow's biggest loser today as shares slid 0.68% lower. The only negative press about the company was that former McAfee president Dave DeWalt had been given the CEO job at the security firm FireEye. Some analysts had thrown DeWalt's name around as a possible future candidate for the top spot at Cisco.  

Du Pont closed down 0.46% today after little negative news about it. But the slide lower is in keeping with a recent trend for the chemical company, which has seen shares cut by 13.8% since October 1. Du Pont is also the fifth worst-performing Dow component this year, with shares down 5.55% year to date, as the index itself is up 6.28% during the same time frame  The company currently sports a price-to-earnings ratio of 13.38 and has a dividend yield of 4% at its reduced trading price. New investors, though, may be held at bay, due to the new possibly higher dividend tax rate coming in 2013.

Foolishly investing

With great opportunity comes great responsibility. For Boeing, which operates as a major player in a multitrillion-dollar market, the opportunity is absolutely massive. However, the company's execution problems and emerging competitors have investors wondering whether Boeing will live up to its shareholder responsibilities. In this premium research report, two of the Fool's best industrial industry minds have collaborated to provide investors with the key, must-know issues around Boeing. They'll be updating the report as key news hits, so make sure to claim a copy today by clicking here now.

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  • Report this Comment On November 29, 2012, at 12:22 AM, notthisagain wrote:

    The comment that investors might be put off of buying a stock because of it's dividend yield makes me wonder if those are the same investors asking for a salary decrease, selling their rental property and taking money out of banks and bonds to save on taxes?

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