Major Jumps at Dow Jones: Caterpillar, Alcoa and Wal-Mart

The Dow Jones Industrial Average jumped 0.56 percent or 72.43 points to 12,943 on Tuesday. Following are the major performers of the Index.

Caterpillar Inc. (CAT) surged 3.32% in its last trading session to close at $86.46. Total of 4.15M shares were traded while on average the share price trades with volume figure of 7.32M shares per day. If we analyze the price history of the last 52 weeks the share price touched it’s lowest of $67.54 while its highest was $116.95. Its market capitalization ended at the figure of $56.42B while the company’s total outstanding shares stand at 652.50M. The share price is positively correlated with market index and is expected to react by 1.85 times against 1 point change in market index.

Alcoa, Inc. (AA) gained 3.19% to close at $8.90. Total of 17.00M shares were traded while on average the share price trades with volume figure of 20.60M shares per day. Its market capitalization ended at the figure of $9.49B while the company’s total outstanding shares stand at 1.07B. The share price is positively correlated with market index and is expected to react by 2.04 times against 1 point change in market index.

Wal-Mart Stores Inc. (WMT) climbed 2.02% to close at $70.75. Total of 8.99M shares were traded while on average the share price trades with volume figure of 11.23M shares per day. Its market capitalization ended at the figure of $239.39B while the company’s total outstanding shares stand at 3.38B. The share price is positively correlated with market index and is expected to react by 0.32 times against 1 point change in market index.

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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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