DJIA Market Happenings For Friday, December 6, 2019

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +194 points.

Thursday the Dow was up +28.01 (+0.10%) at 27,677.79.

Year-to-date the Dow is up +18.65%.

There were 17 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Nike (NKE) +2.21%, Apple (AAPL) +1.47% and UnitedHealth (UNH) +0.96%.

The Dow stock losers Wednesday were led by 3M (MMM) -1.66%, Boeing (BA) -0.91% and Cisco (CSCO) -0.84%.

Nonfarm payrolls surged by 266,000 in November, better than the 187,000 expected by economists. The unemployment rate ticked down to 3.5% from 3.6%, back to the 2019 low and matching the lowest jobless rate since 1969. The end of the GM strike had a big effect, boosting employment in motor vehicles and parts by 41,300, part of an overall 54,000 gain in manufacturing. Average hourly earnings rose by 3.1% from a year ago, slightly above the 3% expected by economists.

The House Judiciary Committee plans to hold a hearing Monday on the evidence gathered in the Trump impeachment inquiry. House Speaker Nancy Pelosi said Thursday, “The president’s actions have seriously violated the Constitution.” She added, “The president leaves us no choice but to act.” The Judiciary panel will be responsible for drafting the specific impeachment articles.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down six-tenths of a cent at $2.589 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) is up +6.93% year-to-date.

Financial Calendar

8:30 AM ET Jobs Report

10:00 AM ET Consumer Sentiment

10:00 AM ET Wholesale Trade

1:00 PM ET Baker-Hughes Rig Count

3:00 PM ET Consumer Credit

The Dow Market Happenings For Thursday, December 4, 2019

Dow stocks at 52 week highs include Merck (MRK). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -79 points.

Wednesday the Dow was up +146.97 (+0.53%) at 27,649.78.

Year-to-date the Dow is up +17.90%.

There were 23 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by JPMorgan (JPM) +1.97%, Goldman Sachs (GS) +1.74% and Johnson & Johnson (JNJ) +1.62%,

The Dow stock losers Wednesday were led by Boeing (BA) -0.92%, Cisco (CSCO) -0.88% and Visa (V) -0.71%.

Speaker Nancy Pelosi (D-Calif.) said Thursday that President Trump’s wrongdoing strikes at the heart of the Constitution and asked House committee chairs to proceed with articles of impeachment, saying lawmakers have “no choice but to act.”

Unemployment insurance weekly claims in the week ending November 30, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week’s unrevised level of 213,000. The 4-week moving average was 217,750, a decrease of 2,000 from the previous week’s unrevised average of 219,750. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 23, an increase of 0.1 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 23 was 1,693,000, an increase of 51,000 from the previous week’s revised level. The previous week’s level was revised up 2,000 from 1,640,000 to 1,642,000. The 4-week moving average was 1,681,000, unchanged from the previous week’s revised average. The previous week’s average was revised up by 500 from 1,680,500 to 1,681,000.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down one-tenth of a cent at $2.595 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is up +10.27% year-to-date.

Financial Calendar

7:30 AM ET Challenger Job-Cut Report

8:30 AM ET International Trade

8:30 AM ET Jobless Claims

10:00 AM ET Factory Orders

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

DJIA Market Happenings For Wednesday, December 4, 2019

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +108 points.

Tuesday the Dow was down -280.23 (-1.01%) at 27,783.04.

Year-to-date the Dow is up +17.90%.

There were 5 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Merck (MRK) +0.39%, Verizon (VZ) +0.30% and Procter & Gamble (PG) +0.19%.

The Dow stock losers Tuesday were led by Intel (INTC) -2.76%, Dow (DOW) -2.52% and Goldman Sachs (GS) -2.48%.

ADP’s November private sector data showed job growth at U.S. companies slowing to 67,000 new positions, way below estimates for 150,000. November’s tally also was a sharp decline from the 121,000 in October, which was revised down from an initially reported 125,000.

Democrats publicly released a new report accusing Trump of soliciting Ukraine to interfere in the 2020 election for his benefit and obstructing the impeachment inquiry in the House of Representatives. The report, written by the Democratic members of the House Intelligence, Oversight and Foreign Affairs committees, came on the eve of the next phase of the impeachment probe, where the House Judiciary Committee is expected to draft formal articles of impeachment against the president.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up six-tenths of a cent at $2.596 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +9.17% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:15 AM ET ADP Employment Report

9:45 AM ET PMI Services Index

10:00 AM ET ISM Non-Mfg Index

10:30 AM ET EIA Petroleum Status Report