The Dow Market Happenings For Thursday, June 22, 2017

Dow stocks at 52 week highs include Johnson & Johnson (JNJ) and UniteHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -15 points.

Wednesday the Dow was down -57.11 (-0.27%) at 21,410.03.

Year-to-date the Dow is up +8.34%.

There were 12 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Nike (NKE) +2.00% and Merck (MRK) +1.44%.

The Dow stock losers Wednesday were led by Caterpillar (CAT) -3.34% and Dupont (DD) -2.65%.

The word is that Nike (NKE) may soon be selling its gear directly on Amazon.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.280 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 6/29/17 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is up +5.03% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +3,000 to 240,000, previous -8,000 to 237,000. Weekly continuing claims expected -7,000 to 1.928 million, previous +6,000 to 1.935 million.

0830 ET USDA weekly Export Sales.

0900 ET FHFA Apr house price index expected +0.5% m/m, Mar +0.6% m/m.

1000 ET Fed Governor Jerome Powell speaks at a hearing of the Senate Banking Committee on fostering economic growth.

1000 ET May leading indicators expected +0.3%, Apr +0.3%.

1100 ET Jun Kansas City Fed manufacturing activity expected +2 to 10, May +1 to 8.

1100 ET Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $13 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Jun 26-28.

1300 ET Treasury auctions $5 billion of 30-year TIPS.

1500 ET USDA May Cold Storage.

DJIA Market Happenings For Wednesday, June 21, 2017

Dow stocks at 52 week highs include American Express (AXP), Boeing (BA), Caterpillar (CAT), Johnson & Johnson (JNJ), McDonald’s (MCD) and 3M (MMM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +6 points.

Tuesday the Dow was down -61.85 (-0.29%) at 21,467.14.

Year-to-date the Dow is up +8.63%.

There were 10 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Merck (MRK) +1.33% and Pfizer (PFE) +1.02%.

The Dow stock losers Tuesday were led by General Electric (GE) -2.33% and Intel (INTC) -1.83%

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down three-tenths of a cent at $2.282 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 6/29/17 after the market close.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is up +6.60% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +2.8% with purchase sub-index -2.8% and refi sub-index +9.2%.

1000 ET May existing home sales expected -0.4% to 5.55 million, Apr -2.3% to 5.57 million.

1030 ET EIA Weekly Petroleum Status Report.

The Dow Market Happenings For Tuesday, June 20, 2017

Dow stocks at 52 week highs include Boeing (BA), Caterpillar (CAT), Johnson & Johnson (JNJ) and 3M (MMM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -5 points.

Monday the Dow was up +144.71 (+0.68%) at 21.528.99.

Year-to-date the Dow is up +8.94%.

There were 21 Dow stocks up Monday.

The Dow stock winners Monday were led by Apple (AAPL) +2.86% and JPMorgan (JPM) +2.19%.

The Dow stock losers Monday were led by Travelers (TRV) -0.90% and Exxon Mobil (XOM) -0.87%.

Looks like a slow summer Tuesday.

The West Texas Intermediate crude-oil contract for August delivery slumped by 2% to $43.52 a barrel amid ongoing concerns about excessive supply levels, its lowest level since November.

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

The national average price of gasoline is down eight-tenths of a cent at $2.285 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 6/29/17 after the market close.

Today’s Featured Dow Stock

Pfizer (PFE)

Pfizer (PFE) is up +2.28% year-to-date.

Financial Calendar

0315 ET Fed Vice Chair Stanley Fischer is keynote speaker at a macroprudential conference in Amsterdam jointly hosted by the Dutch and Swedish central banks.

0815 ET Boston Fed President Eric Rosengren (non-voter) speaks at a macroprudential conference in Amsterdam jointly hosted by the Dutch and Swedish central banks.

0830 ET Q1 current account balance expected -$122.4 billion, Q4 -$112.4 billion.

1500 ET Dallas Fed President Robert Kaplan (voter) discusses current economic conditions and monetary policy with the Commonwealth Club in San Francisco.