DJIA Market Happenings For Monday, June 19, 2017

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

The Market

Premarket today, the Dow was indicated to open up +75 points.

Friday the Dow was up +24.31% (+0.11%) at 21,384.28.

Year-to-date the Dow is up +8.21%.

There were 18 Dow stocks up Friday.

The Dow stock winners Friday were led by Chevron (CVX) +1.90% and Exxon Mobil (XOM) +1.50%.

The Dow stock losers Friday were led by Wal-Mart (WMT) -4.65% and Nike (NKE) -3.40%.

Cisco’s (CSCO +0.16%) senior vice president and chief of operations, Rebecca Jacoby, sold 92,840 shares of the company’s stock at an average price of $31.71 on June 14.

Travelers (TRV +0.33%) was downgraded to ‘Neutral’ from ‘Buy’ at Bank of America/Merrill Lynch.

Oil traded near $45 a barrel following a fourth weekly loss as U.S. drillers continued to add rigs and Libya boosted output, blunting OPEC-led efforts to rebalance an oversupplied market.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down three-tenths of a cent at $2.293 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is up +0.53% year-to-date.

Financial Calendar

0800 ET New York Fed President William Dudley (voter) holds a business roundtable discussion with the North Country Chamber of Commerce and North Country Regional Economic Development Council in Plattsburgh, NY.

1100 ET USDA weekly grain export inspections.

1600 ET USDA crop conditions and planting progress.

1900 ET Chicago Fed President Charles Evans (voter) discusses current economic conditions and monetary policy at a Money Marketeers of New York University event.

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