Caterpillar, Boeing: Dow Movers
Boeing shares increased 3.8% to $71.78. The stock was upgraded to buy from hold by Argus analysts on Monday with an $85 price target.
Boeing's stock has fallen 2.14% year to date.
Shares of JPMorgan dropped 2.93% to $32.51.
CEO Jamie Dimon said Monday the bank is suspending its share buyback program.
Dimon said the decision to halt buybacks shouldn't be used to make interpretations of the likely size of the bank's recent trading loss and that the bank simply wanted to remain on a "glide path" to attaining regulatory capital targets under Basel 3.
Dimon said JPMorgan will probably restart the buyback program.
The stock has declined 2.23% year to date.
Bank of America shares fell 2.71% to $6.83. The Federal Deposit Insurance Corporation is suing several banks including B of A, JPMorgan, Deutsche Bank(DBK) and Citigroup(C) because of issues related to mortgage-backed securities, according to Bloomerg.