Worst Performing Dow Component: Hewlett Packard

Published on Wednesday, 13 June 2012 12:35 Written by Danny Miller

New York, June 13th (TradersHuddle.com) - The Dow Jones Industrial Average is lower trading at 12558, which represents -0.13% versus its previous trading session close, with half of its components trading positively.

JP Morgan (NYSE:JPM) is the Dow's top performer this morning with the stock trading at $34.63 representing 2.55% versus the previous trading session. Shares of JP Morgan, the second largest U.S. lender have defined support at $30.83 and resistance at $34.44.

JNJ (NYSE:JNJ) is also among the top performers early in the session, trading at $63.75 representing 1.06% from its previous close. JNJ, the consumer health care products company maker of Tylenol and Sudafed has calculated support and resistance levels at $61.71 and $66.32 respectively. The other top performer this morning is McDonald's (NYSE:MCD), which is trading at $88.38 representing 0.99% from the previous trading session.

The Dow's worst performers include Hewlett Packard (NYSE:HPQ) that is trading at $21.45 or -1.13% from the previous close. Shares of Hewlett Packard, the maker of printers and personal computers have defined support at $21.38 and resistance at $22.75. Also among the worst performers we have Caterpillar (NYSE:CAT), which is trading at $86.11 representing -1.08% from the previous session.

Benchmark crude for June delivery is also trading lower at $91.44 a barrel on the New York Mercantile Exchange lower by $-0.22 from the previous trading session.

The Dow is under performing the S&P 500, but is pretty much equal with the NASDAQ composite. The S&P 500 is currently trading at 1322.66, which represents -0.11% from previous close, the Nasdaq on the other hand is trading at 2840.93 that represents -0.08% from previous session.