United Technologies, American Express: Dow Movers

Breadth within the Dow was positive with 16 of the index's 30 companies posting gains.
By Alexandra Zendrian ,

NEW YORK (

TheStreet

) -- Stocks finished Thursday on a positive note, buoyed by

a surprise decline in initial jobless claims and a Greek debt deal.

The

Dow Jones Industrial Average

rose 6.51 points, or 0.05%, to 12,890.46 on Thursday. The

S&P 500

increased 1.99 points to 1,351.95 and the

Nasdaq Composite

rose 11.37 points to 2,927.23.

Breadth within the Dow was positive with 16 of the index's 30 components posting gains.

Verizon

(VZ) - Get Report

ended Thursday flat.

The biggest percentage gainers among the blue chips were

United Technologies

undefined

and

American Express

(AXP) - Get Report

.

Shares of United Technologies increased 3.11% to $84.28 amid

speculation

the company could be looking into selling its compressor and pump units.

TheStreet Ratings

gives United Technologies a B+ grade with a buy rating and a

$92.42

price target.

American Express rose 1.14% to $52.23. The credit card company gets an A grade from

TheStreet Ratings

with a buy rating and a

$65.58

price target.

The biggest decliners in the Dow were

JPMorgan Chase

(JPM) - Get Report

,

Cisco

(CSCO) - Get Report

and

HP

(HPQ) - Get Report

.

Shares of Cisco fell 2.1% to $20. Cisco was downgraded Thursday by ISI analysts to

neutral from buy

following its quarterly earnings report.

TheStreet Ratings

gives Cisco a B grade with a buy rating and

$22.87

price target.

Shares of JPMorgan Chase dropped 1.15% to $37.86. The bank gets a B grade from

TheStreet Ratings

with a buy rating and

$43.37

price target.

HP shares fell 1.19% to $29.11.

TheStreet Ratings

gives HP a

C grade

and hold rating.

--

Written by Alexandra Zendrian in New York

.

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Alexandra Zendrian

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.

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