Cisco, Merck and United Technologies among Top Performers

US stock markets moved with upbeat sentiments on Tuesday as the Dow Jones Industrial Average gained 0.48 percent or 60.01 points to close at 12,482.07 points. Standard & Poor 500 index advanced 0.36 percent or 4.58 points to 1,293.67 while NASDAQ Composite index surged 0.64 percent or 17.41 to settle at 2,728.08 for the day. The top gainers of the day at Dow Jones are as under:

Cisco Systems Inc (NASDAQ:CSCO) jumped 1.31 percent to close at $19.31 in yesterday’s session. The traded volume stood at 40.40 million shares as compared to its average volume figure of 47.25 million shares per day. Cisco is trading at a price to earnings of 16.79 times while its dividend yield stands at 1.24 percent.

Merck & Co Inc (NYSE:MRK) gained 1.30 percent to settle at 38.82 in yesterday’s session. Traded volume stood at 16.55 million shares while on average the stock traded with volume figure of 16.33 million shares per day. Merck is trading near its overbought level as per its relative strength index of 67.14.

United Technologies Corporation (NYSE:UTX) surged 1.26 percent to close at $77.04 with traded volume of 5.14 million shares. The share price is trading at a price to earnings of 14.45 times while its dividend yield stands at 2.49 percent.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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