DJIA Market Happenings For Tuesday, December 5, 2017

Dow stocks at 52 week highs include American Express (AXP),Boeing (BA), Caterpillar (CAT), Chevron (CVX), Home Depot (HD), JPMorgan (JPM), McDonald’s (MCD), 3M (MMM), Travelers (TRV) and UnitedHealth (UNH).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +54 points.

Monday the Dow was up +58.46 (+0.24%) at 24,290.05.

Year-to-date the Dow is up +22.61%.

There were 16 Dow stocks up Monday.

The Dow stock winners Monday were led by Disney (DIS) +4.72% and Home Depot (HD) +2.48%.

The Dow stock losers Monday were led by Microsoft (MSFT) -3.77% and Visa (V) -2.98%.

McDonald’s (MCD) will launch a new value menu at locations nationwide next month. The $1 $2 $3 Dollar Menu will replace the current McPick 2 Menu.

McDonald’s (MCD -1.28%) was upgraded to ‘Buy’ from ‘Hold’ at Jeffries with a price target of $200.

United Technologies (UTX -0.07%) was upgraded to ‘Overweight’ from ‘Neutral’ at Atlantic Equities LLP with a target price of $145.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up one-tenth of a cent at $2.477 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 +15.93% year-to-date.

Financial Calendar

0830 ET Oct trade balance expected -$47.4 billion, Sep -$43.5 billion.

0945 ET Revised Nov Markit services PMI expected +0.6 to 55.3, prelim-Nov -0.6 to 54.7.

1000 ET Nov ISM non-manufacturing PMI expected -1.1 to 59.0, Oct +0.3 to 60.1.

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