The Dow Market Happenings For Tuesday, November 28, 2017

Dow stocks at 52 week highs include Cisco (CSCO), Home Depot (HD) and UnitedHealth (UNH).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +29 points.

Monday the Dow was up +22.79 (+0.10%) at 23,580.78.

Year-to-date the Dow is up +19.32%.

There were 15 Dow stocks up Monday.

The Dow stock winners Monday were led by Verizon (VZ) +1.38% and 3M (MMM) +1.13%.

The Dow stock losers Monday were led by Chevron (CVX) -0.79% and Intel (INTC) -0.58%.

Home Depot (HD +1.06%) was upgraded to ‘Overweight’ from ‘Neutral’ at Atlantic Equities LLP with a price target of $197.

UnitedHealth Group (UNH -0.05%) slid 1% in after-hours trading after it said it sees 2018 adjusted EPS of $10.55 to $10.85, the mid-point below consensus of $10.82.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down five-tenths of a cent at $2.502 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is up +19.00% year-to-date.

Financial Calendar

0830 ET Oct wholesale inventories expected +0.4%, Sep +0.3%. Oct retail inventories, Sep -1.0%.

0900 ET Sep FHFA house price index expected +0.5% m/m, Aug +0.7% m/m. Q3 house price purchase index, Q2 +1.6% q/q.

0900 ET Sep S&P CoreLogic composite-20 home price index expected +0.3% m/m and +6.0% y/y, Aug +0.45% m/m and +5.92% y/y.

1000 ET Conference Board Nov U.S. consumer confidence expected -1.9 to 124.0, Oct +5.3 to 125.9.

1000 ET Senate Banking Committee holds hearing on Fed Chair nominee Jerome Powell.

1000 ET Nov Richmond Fed manufacturing index expected +2 to 14, Oct -7 to 12.

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

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