DJIA Market Happenings For Monday, December 11, 2017

Dow stocks at 52 week highs include Boeing (BA) and Nike (NKE).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +39 points.

Friday the Dow was up +117.68 (+0.49%) at 24,329.16.

Year-to-date the Dow is up +23.11%.

There were 21 Dow stocks up Friday.

The Dow stock winners Friday were led by Microsoft (MSFT) +2.02% and UnitedHealth (UNH) +1.71%.

The Dow stock losers Friday were led by Coca Cola (KO) -1.03% and 3M (MMM) -0.90%.

The Fed meets Tuesday and Wednesday and is expected to raise rates.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down three-tenths of a cent at $2.462 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/21/17 after the market close.

Today’s Featured Dow Stock

United Technologies (UTX)

United Technologies (UTX) is up +30.65% year-to-date.

Financial Calendar

1000 ET Oct JOLTS job openings expected +7,000 to 6.100 million, Sep +3,000 to 6.093 million.

1100 ET USDA weekly grain export inspections.

1130 ET Treasury auctions $24 billion 3-year T-notes.

1300 ET Treasury auctions $20 billion 10-year T-notes.

The Dow Market Happenings For Friday, December 8, 2017

Dow stocks at 52 week highs include Boeing (BA).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +71 points.

Thursday the Dow was up +70.57 (+0.29%) at 24,211.48.

Year-to-date the Dow is up +22.51%.

There were 16 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Caterpillar (CAT) +1.82% and Visa (V) +1.51%.

The Dow stock losers Thursday were led by Coca Cola (KO) -1.44% and Procter & Gamble (PG) -1.26%.

Employers added 228,000 jobs last month. Economists had forecast 195,000 employment gains in November. The unemployment rate was unchanged at 4.1%.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down three-tenths of a cent at $2.474 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is up +11.27% year-to-date.

Financial Calendar

0830 ET Nov non-farm payrolls expected +198,000, Oct +261,000. Nov private payrolls expected +200,000, Oct +252,000. Nov manufacturing payrolls expected +15,000, Oct +24,000. Nov unemployment rate expected unch at 4.1%, Oct -0.1 to 4.1%.

0830 ET Nov avg hourly earnings expected +0.3% m/m and +2.7% y/y, Oct unch m/m and +2.4% y/y. Nov avg weekly hours all-employees expected unch at 34.4 hours, Oct unch at 34.4 hours.

1000 ET Oct wholesale trade sales expected +0.3%, Sep +1.3% m/m. Final-Oct wholesale inventories expected +0.1%, prelim -0.4%.

1000 ET Preliminary-Dec University of Michigan U.S. consumer sentiment index expected +0.5 to 99.0, Nov -2.2 to 98.5.

DJIA Market Happenings For Thursday, December 7, 2017

Dow stocks at 52 week highs include McDonald’s (MCD).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -45 points.

Wednesday the Dow was down -39.73 (-0.16%) at 24,140.91.

Year-to-date the Dow is up +22.15%.

There were 11 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Microsoft (MSFT) +1.46% and Visa (V) +1.07%.

The Dow stock losers Wednesday were led by Merck (MRK) -2.55% and Disney (DIS) -1.64%.

General Electric (GE) plans to cut 12,000 jobs in its power division as the industrial conglomerate’s new CEO institutes sweeping changes and the company grapples with a decline in business for coal and natural gas products.

Unemployment insurance weekly claims for the week ending December 2, the advance figure for seasonally adjusted initial claims was 236,000, a decrease of
2,000 from the previous week’s unrevised level of 238,000. The 4-week moving average was 241,500, a decrease of 750 from the previous week’s unrevised average of 242,250.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is down one-tenth of a cent at $2.477 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is up +8.55% year-to-date.

Financial Calendar

0730 ET Nov Challenger job cuts, Oct -3.0% y/y.

0830 ET Weekly initial unemployment claims expected +2,000 to 240,000, previous -2,000 to 238,000. Weekly continuing claims expected -38,000 to 1.919 million, previous +42,000 to 1.957 million.

0830 ET USDA weekly Export Sales.

1100 ET Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $23 billion) and 30-year T-bonds (previous $15 billion) to be auctioned Dec 11-12.

1500 ET Oct consumer credit expected +$17.0 billion, Sep +$20.83 billion.