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



The 3 Dow Stocks You Weren't Thankful for This Past Week

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.

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

Investors seemed content just getting through this holiday-shortened week, with the major averages not moving much. A few individual stocks did make some major moves, but after three and a half days of trading, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) moved up only 21 points, or 0.13%, while the S&P 500 increased by 1 point, or 0.05%. The Nasdaq easily outperformed both, climbing 68 points, or 1.7%, and finished the week at 4,059, a level it hasn't seen in years.

Black Friday kicked off the shopping season, and for the most part, the preliminary numbers look decent as the big retailers were doing everything they could to get shoppers in the doors, even opening up earlier than ever on Thanksgiving Day. It's no surprise, then, that the Dow's two big retailers, Wal-Mart and Home Depot, avoided being on the list of losers for the past few trading days of trading. Their share prices rose 1.5% and 1.88%, respectively, last week.

The Dow's top stock of the week was American Express (NYSE: AXP  ) , as shares of the credit card company rose 2.32%. With reported record-breaking numbers at Wal-Mart and other retailers, and millions of transactions taking place, the credit card company is certainly making a little money this weekend, and investors were trying to get on board before the company reported any numbers that could send the stock even higher. In addition to Black Friday, AmEx is sure to benefit from Cyber Monday, as consumers pull out their cards to make online purchases, and from Small Business Saturday, which the company has promoted since 2010.

Last week's big losers
General Electric
(NYSE: GE  ) fell 1.55% last week, after Boeing released a statement on Monday warning of a potential problem with GE-made engines that power the 787 Dreamliner and the newest 747. Boeing said planes with those engines should avoid high-altitude thunderstorms, which could lead to engine icing. GE quickly responded with a statement telling investors the company was working on getting a fix moved through the regulatory process. But until those changes are approved, both Boeing and General Electric will have to deal with the increased liability risk. This could also raise concerns about other General Electric engines, both those currently in use and those yet to be built.  

Both the worst and third worst Dow stocks to own this past week came from the energy sectors, as ExxonMobil (NYSE: XOM  ) and Chevron (NYSE: CVX  ) fell 1.61% and 1.28%, respectively. The oil industry as a whole felt the effect of an international agreement on Iran's nuclear program. With many sanctions being lifted, Iran will see its oil reserves opened to the world, and the added supply will depress commodity prices. That's good for consumers but bad for the oil congolmerates and their share prices.  

The other Dow losers this week:

  • AT&T, down 0.59%
  • Boeing, down 1.26%
  • Cisco, down 0.97%
  • DuPont, down 0.51%
  • Intel, down 0.12%
  • IBM, down 0.89%
  • Johnson & Johnson, down 0.61%
  • JPMorgan Chase, down 0.41%
  • McDonald's, down 0.91%
  • Pfizer, down 1.21%
  • Procter & Gamble, down 0.85%
  • Coca-Cola, down 0.59%
  • Verizon, down 1.19%

More Foolish insight
Warren Buffett has made billions through his investing and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.

Read/Post Comments (0) | Recommend This Article (1)

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: 2747621, ~/Articles/ArticleHandler.aspx, 10/1/2016 5:07:29 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 7 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

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

9/30/2016 5:01 PM
^DJI $18308.15 Up +164.70 +0.91%
AXP $64.04 Up +0.67 +1.06%
American Express CAPS Rating: ****
CVX $102.92 Up +1.65 +1.63%
Chevron CAPS Rating: ****
GE $29.62 Up +0.09 +0.30%
General Electric CAPS Rating: ****
XOM $87.28 Up +0.82 +0.95%
ExxonMobil CAPS Rating: ****