These 3 Stocks Moved the Dow Today
But even the smoothest slab of polished steel looks like a craggy mountainside under a microscope. And so does the Dow: There are always forces pushing and pulling the index to and fro, even on a placid day like this.
This time, we have consumer-facing companies adding value while some of the infrastructure guys are holding the Dow back.
Kraft Foods (NAS: KFT) gained 1.5% and boosted the Dow by five points. The stock will fall off the premier market index next week, replaced by health insurance firm UnitedHealth Group (NYS: UNH) . Today's jump comes from positive analyst comments on Kraft's rock-solid dividend policy, and it may be the company's last hurrah on behalf of the Dow.
McDonald's (NYS: MCD) also added five points to the index value with a 0.8% price jump. The fast-food giant is introducing a new line of healthier foods, along with nutrition information front and center on its menus, and analysts are lovin' it.
The biggest loser had nothing to do with diet and exercise programs today. United Technologies (NYS: UTX) slashed seven points off the Dow with a 1.2% price drop. The maker of aerospace and construction equipment didn't have any terrible news to share, but investors may be taking some profit after a market-beating three-month run.
The article These 3 Stocks Moved the Dow Today originally appeared on Fool.com.Fool contributor Anders Bylund holds no position in any of the companies mentioned. Check out Anders' holdings and bio, or follow him on Twitter and Google+. The Motley Fool owns shares of McDonald's. Motley Fool newsletter services have recommended buying shares of McDonald's and UnitedHealth Group. Motley Fool newsletter services have recommended creating a diagonal call position in UnitedHealth Group. The Motley Fool has a disclosure policy.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
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