Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



A Few Dow Winners on a Down Day

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

After yesterday's 300-point move higher, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) was quite calm for the day, and ended the trading session down 21 points. It was a light day for economic news but, while ADP announced that 215,000 new jobs were created in December, the Department of Labor reported that 10,000 more American's claimed first-time unemployment benefits last week, more than the prior seven-day period. The total number of new claims hit 372,000, when economists were expecting only 362,000.

Tomorrow, investors will know more about the health of the job market when the Labor Department releases its official unemployment numbers for the month of December. And then, starting Tuesday, Alcoa (NYSE: AA  ) will officially kick off earnings season.  

Getting back to today, the Dow closed the day at 13,391, down just 21 points, or 0.16%. Of the 30 stocks that make up the Dow, 17 of them ended the day in the red. This afternoon, I explained why UnitedHealth (NYSE: UNH  ) , Wal-Mart (NYSE: WMT  ) , and Microsoft (NASDAQ: MSFT  ) were in the red, and three of the index's biggest losers; to read about those companies, click here. Or to read about three of today's biggest winners, which were Merck (NYSE: MRK  ) , Caterpillar (NYSE: CAT  ) , and Alcoa, continue reading below.

So why were they higher?
Shares of Merck moved higher by 2.39% today, after a late announcement on Wednesday stated that the company had resubmitted a drug application to the FDA for a new combination of drugs aimed to fight cholesterol. The new drug is a generic version of Lipitor and a medication Merck calls Zetia. Lipitor was the top-selling drug of all time, and this new version of a cholesterol-fighting drug could be even better for patients, because Zetia adds in a cholesterol-blocking aspect. The Food and Drug Administration should have a decision on the new drug during the first half of the year. 

Both Caterpillar and Alcoa saw their shares increase by 0.96% and 0.89%, respectively, today. The two companies both had a lot riding on the fiscal cliff and the overall health of the economy, so seeing a solution to at least part of the U.S.'s fiscal problems helped give the two companies a boost. But, today, Caterpillar was upgraded by analysts at the ISI Group, which likely gave additional support to the heavy-machinery manufacturer. Alcoa, as I mentioned above, will kick off earnings season on Tuesday, and today's upward push could be some traders buying shares before that announcement.

More foolish insight

Materials industries are traditionally known for their high barriers to entry, and the aluminum industry is no exception. Representing 14.7% of 2011 global production in this high-consolidated industry, Alcoa is in prime position to take advantage of growth that some expect will lead to total industry revenue approaching $160B by 2017. Based on this prospective, and several other company-specific factors, Alcoa is certainly worth a closer look. For a Foolish investment perspective on this global giant, simply click here to get started.

Read/Post Comments (0) | Recommend This Article (7)

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: 2178483, ~/Articles/ArticleHandler.aspx, 9/27/2016 10:07:30 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 51 minutes ago Sponsored by:
DOW 18,228.30 133.47 0.74%
S&P 500 2,159.93 13.83 0.64%
NASD 5,305.71 48.22 0.92%

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

9/27/2016 4:01 PM
AA $9.65 Down -0.03 -0.31%
Alcoa CAPS Rating: ***
CAT $82.88 Up +0.51 +0.62%
Caterpillar CAPS Rating: ***
MRK $62.57 Up +0.42 +0.68%
Merck and Co. CAPS Rating: ****
MSFT $57.95 Up +1.05 +1.85%
Microsoft CAPS Rating: ****
UNH $140.79 Up +1.07 +0.77%
UnitedHealth Group CAPS Rating: ****
WMT $72.33 Up +0.71 +0.99%
Wal-Mart Stores CAPS Rating: ***