DJIA Market Happenings For Friday, March 22, 2019

Dow stocks at 52 week highs include Cisco (CSCO), Merck (MRK), Microsoft (MSFT) and Procter & Gamble (PG). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -164 points.

Thursday the Dow was up +216.84 (+0.84%) at 25,962.51.

Year-to-date the Dow is up +11.30%.

There were 26 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Apple (AAPL) +3.68%, Travelers (TRV) +2.31% and Microsoft (MSFT) +2.30%.

The Dow stock losers Thursday were led by JPMorgan (JPM) -1.58%, Disney (DIS) -1.21% and Boeing (BA) -0.92%.

Oil prices on Friday hovered close to 2019 peaks reached the previous day, propped up by supply cuts led by producer club OPEC and by US sanctions against Iran and Venezuela.

Fed hints at no rate hike in 2019. The US Federal Reserve at its March meeting said it would be patient in changing policy rates. The move comes in the backdrop of global economic concerns and muted inflationary pressures.

Apple (AAPL) has surpassed Microsoft (MSFT) to reclaim its title as the world’s most-valuable public company with a market cap of $916 billion.

European stocks are lower and Asian markets ended higher.

The national average price of gasoline is up 1.6 cents at $2.611 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2019 after the market close of $0.68, beating estimates of $0.662 per share.

Walgreens (WBA) reports earnings on 4/2/201 before the market open.

Today’s Featured Dow Stock

DowDuPont (DWDP)

DowDuPont (DWDP) is up +4.56% year-to-date.

Financial Calendar

9:45 AM ET PMI Composite FLASH

10:00 AM ET Existing Home Sales

10:00 AM ET Wholesale Trade

1:00 PM ET Baker-Hughes Rig Count

2:00 PM ET Treasury Budget

The Dow Market Happenings For Thursday, March 21, 2019

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

The Market

Premarket today, the Dow was indicated to open down -60 points.

Wednesday the Dow was down -141.71 (-0.55%) at 25,745.67.

Year-to-date the Dow is up +10.37%.

There were 7 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Home Depot (HD) +1.07%, McDonald’s (MCD) +1.02% and Apple (AAPL) +0.87%.

The Dow stock losers Wednesday were led by Goldman Sachs (GS) -3.38%, UnitedHealth (UNH) -2.58% and JPMorgan (JPM) -2.13%.

Unemployment insurance weekly claims in the week ending March 16, the advance figure for seasonally adjusted initial claims was 221,000, a decrease of 9,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 229,000 to 230,000. The 4-week moving average was 225,000, an increase of 1,000 from the previous week’s revised average. The previous week’s average was revised up by 250 from 223,750 to 224,000.

European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is up 1.4 cents at $2.595 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 3/21/2019 after the market close.

Walgreens (WBA) reports earnings on 4/2/201 before the market open.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is up +0.31% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

8:30 AM ET Philadelphia Fed Business Outlook Survey

10:00 AM ET Leading Indicators

10:00 AM ET Quarterly Services Survey

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, March 20, 2019

Dow stocks at 52 week highs include Cisco (CSCO), Microsoft (MSFT) and Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -17 points.

Tuesday the Dow was down -26.72 (-0.10%) at 25,887.38.

Year-to-date the Dow is up +10.97%.

There were 15 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Pfizer (PFE) +1.17%, Walgreens (WBA) +1.09% and Johnson & Johnson (JNJ) +0.93%.

The Dow stock losers Tuesday were led by Disney (DIS) -2.76%, Travelers (TRV) -1.49% and Verizon (VZ) -0.98%.

The Fed two-day policy meeting ends today with news about 11:00 am PDT.

Disney (DIS) closes on its $71 billion deal for 21st Century Fox. The deal gives Disney content like ”The Simpsons” and “Spider-Man” for when it launches its streaming-video service.

European stocks are mostly lower and Asian markets ended mostly lower.

The national average price of gasoline is up 2.3 cents at $2.581 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 3/21/2019 after the market close.

Today’s Featured Dow Stock

Coca Cola (KO)

Coca Cola (KO) is down -3.79% 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 Meeting Announcement

2:00 PM ET FOMC Forecasts

2:30 PM ET Fed Chair Press Conference