United Technologies, American Express: Dow Movers
NEW YORK (
) -- 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
and
American Express
(AXP) - Get Report
.
Shares of United Technologies increased 3.11% to $84.28 amid
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
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
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
following its quarterly earnings report.
TheStreet Ratings
gives Cisco a B grade with a buy rating and
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
price target.
HP shares fell 1.19% to $29.11.
TheStreet Ratings
gives HP a
and hold rating.
--
Written by Alexandra Zendrian in New York
.
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Alexandra Zendrian
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