DJIA Market Happenings For Friday, May 24, 2019

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include 3M (MMM) and Walgreens (WBA).

The Market

Premarket today, the Dow was indicated to open up +133 points.

Thursday the Dow was down -286.14 -1.11% at 25,490.47.

Year-to-date the Dow is up +9.27%.

There were 6 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Home Depot (HD) +1.64%, Intel (INTC) +1.20% and Johnson & Johnson (JNJ) +0.74%.

The Dow stock losers Thursday were led by United Technologies (UTX) -3.66%, Dow (DOW) -2.99% and IBM (IBM) -2.90%.

Oil is on track for its biggest weekly loss of the year. Oil prices have slumped 7% this week and are on track for their biggest weekly drop since December.

US markets are closed Monday in observance of Memorial Day.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is unchanged at $2.845 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 +16.14% year-to-date.

Financial Calendar

8:30 AM ET Durable Goods Orders

1:00 PM ET Baker-Hughes Rig Count

The Dow Market Happenings For Thursday, May 23, 2019

Dow stocks at 52 week highs include American Express (AXP). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -250 points.

Wednesday the Dow was down -100.72 (-0.39%) at 25,776.61.

Year-to-date the Dow is up +10.50%.

There were 12 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Coca Cola (KO) +2.16%, Merck (MRK) +1.86% and 3M (MMM) +1.46%.

The Dow stock losers Wednesday were led by Apple (AAPL) -2.05%, Goldman Sachs (GS) -1.80% and Boeing (BA) -1.66%.

Unemployment insurance weekly claims in the week ending May 18, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 1,000 from the previous week’s unrevised level of 212,000. The 4-week moving average was 220,250, a decrease of 4,750 from the previous week’s unrevised average of 225,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 11, unchanged from
the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 11 was 1,676,000, an increase of 12,000 from the previous week’s revised level. The previous week’s level was revised up 4,000 from 1,660,000 to 1,664,000. The 4-week moving average was 1,674,250, an increase of 5,500 from the previous week’s revised average. The previous week’s average was revised up by 500 from 1,668,250 to 1,668,750.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is up two-tenths of a cent at $2.845 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Pfizer (PFE)

Pfizer (PFE) is down -3.80% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

9:45 AM ET PMI Composite FLASH

10:00 AM ET New Home Sales

10:30 AM ET EIA Natural Gas Report

11:00 AM ET Kansas City Fed Manufacturing Index

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

DJIA Market Happenings For Wednesday, May 22, 2019

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

The Market

Premarket today, the Dow was indicated to open down -80 points.

Tuesday the Dow was up +197.43 (+0.77%) at 25,877.33.

Year-to-date the Dow is up +10.93%.

There were 25 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Intel (INTC) +2.07%, Caterpillar (CAT) +2.06% and Apple (AAPL) +1.92%.

The Dow stock losers Tuesday were led by Procter & Gamble (PG) -0.89%, Coca Cola (KO) -0.51% and Travelers (TRV) -0.47%.

The Federal Reserve will release minutes from its meeting on April 30 and May 1 on Wednesday at 2 p.m. ET.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is down two-tenths of a cent at $2.843 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is up +12.81% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

10:30 AM ET EIA Petroleum Status Report

2:00 PM ET FOMC Minutes