Dow stocks at 52 week highs include Boeing (BA), 3M (MMM) and Travelers (TRV). There are no Dow stock 52 week lows.
Premarket today, the Dow was indicated to open down -13 points.
Thursday the Dow was down -14.66 (-0.07%) at 21,359.90.
Year-to-date the Dow is up +8.08%.
There were 13 Dow stocks up Thursday.
The Dow stock winners Thursday were led by General Electric (GE) +1.72% and Caterpillar (CAT) +1.61%.
The Dow stock losers Thursday were led by Nike (NKE) -3.22% and Goldman Sachs (GS) -1.45%.
Wal-mart (WMT) is acquiring Bonobos, a high-end men’s retailer, for $310 million in cash. Bonobos generates between $100 million to $150 million in annual revenue and attracts young, urban customers with its slim-fitting pants, shirts, jackets, and suits.
Nike (NKE) said Thursday that it plans to focus on the hottest-selling sneakers, slash the number of styles it offers and sell more shoes directly to customers online as part of a restructuring in which it also will cut about 1,400 jobs. The company said the moves will help it offer products to customers faster as it is facing increasing competition from smaller brands and premium labels.
European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is down eight-tenths of a cent at $2.310 per gallon.
There are no Dow stocks set to report earnings in the near term.
Today’s Featured Dow Stock
Microsoft (MSFT) is up +12.49% year-to-date.
0830 ET May housing starts expected +4.1% to 1.22 million, Apr -2.6% to 1.172 million. May building permits expected +1.7% to 1.249 million, Apr -2.5% to 1.228 million.
1000 ET Prelim-Jun University of Michigan U.S. consumer sentiment expected -0.1 to 97.0, May +0.1 to 97.1.
1245 ET Dallas Fed President Robert Kaplan (voter) speaks to the Park Cities Rotary Club.