The Dow Market Happenings For Tuesday, August 29, 2017

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 -124 points.

Monday the Dow was down -5.27 (-0.02%) at 21,808.40.

Year-to-date the Dow is up +10.35%.

There were 15 Dow stocks up Monday.

The Dow stock winners Monday were led by Home Depot (HD) +1.16% and Apple (AAPL) +1.01%.

The Dow stock losers Monday were led by Travelers (TRV) -2.56% and Goldman Sachs (GS) -0.95%.

The S&P CoreLogic Case-Shiller home price index increased slightly from May to June, while a key composite held steady. National home prices continued a 12-month rise in June, reporting a 5.8 percent annual gain on the S&P’s most broad indicator. This was better than the 5.7 percent increase expected by economists, who believed the index would maintain May’s growth rate. Another key index, which covers home prices in 20 cities across the U.S., was up 5.7 percent in June, the same as May. Seasonally adjusted, nine of the 20 cities in the composite reported price increases in the year ending June 2017, down from 14 in May. Seattle, Portland, and Dallas reported the highest year-over-year gains among the 20 cities.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up a penny at $2.378 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is down -15.28% year-to-date.

Financial Calendar

0900 ET Jun S&P CoreLogic composite-20 house prices expected +0.1% m/m and +5.60% y/y, May +0.1% m/m and +5.69% y/y.

1000 ET Aug consumer confidence (Conference Board) expected -0.2 to 120.9, Jul +3.8 to 121.1.

1300 ET Treasury auctions $28 billion 7-year T-notes.

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