DJIA Market Happenings For Thursday, August 22, 2019

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

The Market

Premarket today, the Dow was indicated to open +57 points.

Wednesday the Dow was up +240.29 (+0.93%) at 26,202.73.

Year-to-date the Dow is up +12.33%.

There were 29 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Nike (NKE) +2.74%, Boeing (BA) +2.48%, Cisco (CSCO) +1.75%, Home Depot (HD) +1.52% and Chevron (CVX) +1.51%.

The Dow stock loser Wednesday was Walmart (WMT) -0.03%.

Unemployment insurance weekly claims in the week ending August 17, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 12,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 220,000 to 221,000. The 4-week moving average was 214,500, an increase of 500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 213,750 to 214,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 10, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 10 was 1,674,000, a decrease of 54,000 from the previous week’s revised level. The previous week’s level was revised up 2,000 from 1,726,000 to 1,728,000. The 4-week moving average was 1,697,000, a decrease of 750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 1,697,250 to 1,697,750.

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

The national average price of gasoline is down two-tenths of a cent at $2.601 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 +11.60% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

9:45 AM ET PMI Composite FLASH

10:00 AM ET Leading Indicators

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

The Dow Market Happenings For Wednesday, August 21, 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 +25 points.

Tuesday the Dow was down -173.35 (-0.66%) at 25,962.44.

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

There were 3 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Home Depot (HD) +4.40%, United Technologies (UTX) +0.03% and Apple (AAPL) 0.00%.

The Dow stock losers Tuesday were Dow (DOW) -5.35%, American Express (AXP) -2.40% and UnitedHealth (UNH) -1.86%.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down nine-tenths of a cent at $2.609 per gallon.

Earnings Reports

Home Depot (HD) reported earnings on 8/20/2019 before the market open of $3.17, beating estimates calling for $3.123 per share.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) is up +35.14% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

10:00 AM ET Existing Home Sales

10:30 AM ET EIA Petroleum Status Report

2:00 PM ET FOMC Minutes

DJIA Market Happenings For Tuesday, August 20, 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 down -34 points.

Monday the Dow was up +249.78 (+0.96%) at 26,135.79.

Year-to-date the Dow is up +12.04%.

There were 28 Dow stocks up Monday.

The Dow stock winners Monday were led by Cisco (CSCO) +3.28%, Dow (DOW) +2.45%, Home Depot (HD) +2.11% and Apple (AAPL) +1.86%.

The Dow stock losers Monday were UnitedHealth (UNH) -0.40% and American Express (AXP) -0.18%.

Shares of Home Depot (HD) were higher in premarket trading Tuesday morning, after the home improvement retailer beat estimates with second-quarter earnings of $3.17 per share. However, revenue of $30.8 billion fell short of expectations. Home Depot also lowered its sales outlook for the year on worries that the China trade war will slow consumer spending. The company had previously warned about the toll a slump in lumber prices is taking on its business. Lumber accounts for about 8% of Home Depot’s total sales.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down nine-tenths of a cent at $2.609 per gallon.

Earnings Reports

Home Depot (HD) reported earnings on 8/20/2019 before the market open of $3.17, beating estimates calling for $3.123 per share.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is up +12.80% year-to-date.

Financial Calendar

8:55 AM ET Redbook