The Dow Is Falling. Is the Sky Next? Cisco Systems, Inc. (CSCO), Merck & Co., Inc. (MRK), Wal-Mart Stores, Inc. (WMT)

Page 1 of 2

Oh, how quickly the highs of last week disintegrated. Opening 58 points lower than it closed on Friday, the Dow Jones Industrial Average continues to fall as the morning progresses. New economic and global concerns are making investors concerned, forcing them to consider whether the record highs were justified. Regardless, there are a few companies that just won’t quit, while others take the plunge along with the index.

Cisco Systems, Inc. (NASDAQ:CSCO)Concerns
Factory order information for the month of December was released this morning. And though the news was positive, with a 1.8% increase from November, the growth did not meet analyst expectations of 2.2%. Additionally, orders for core capital goods, a category measured as a proxy of  business investment plans, fell 0.3% in December after 3%-plus growth in both October and November.

Concerns over the European Union have sprung up once again. With political unease lingering in Spain and Italy creating more worries over EU volatility, U.S. investors have matched the European market’s retreat. As elections for Italy’s premier are scheduled for later in the month, investors should expect to see more market movement driven by political concerns.

Winning despite the fall
Regardless of the Dow’s drop, two of the index’s components are up big so far today.

Cisco Systems, Inc. (NASDAQ:CSCO) introduced a new line of products this morning, designed to improve data flow in both data centers and cloud environments. With its new product innovation, Cisco is continuing to deliver on its Unified Data Center initiative, where it looks to create simplified operations, more agile infrastructure, and improved use in data center and multi-cloud environments.

Hewlett-Packard Company (NYSE:HPQ) was also up this morning after introducing the new Pavilion 14 Chromebook — its first foray into a “multi-OS approach.” HP’s first Chromebook features Google Inc (NASDAQ:GOOG)‘s Chrome OS, a divergence from the company’s primary operating system (Microsoft Windows), in order to try and capture some of the Chrome user base. While the Chromebook from HP has pretty unremarkable specs, the company is trying to promote the $330 laptop based on its increased screen size of 14 inches.

Down like the rest of them
Falling the hardest this morning was The Travelers Companies, Inc. (NYSE:TRV) , down 2.02% at the time of this writing. Travelers has been an analyst darling during the past week, with upgrades and price-target raises galore. But with uncertainty increasing, the company will have to post some good news if it wants to keep its 9% rise from January. Without meaningful business gains, the company cannot rest on the shoulders of analysts and hope to continue moving upward.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!