The Dow Market Happenings For Tuesday, December 12, 2017

Dow stocks at 52 week highs include Cisco (CSCO) and Nike (NKE).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +57 points.

Monday the Dow was up +56.87 (+0.23%) at 24,386.03.

Year-to-date the Dow is up +23.39%.

There were 19 Dow stocks up Monday.

The Dow stock winners Monday were led by Disney (DIS) +2.49% and Apple (AAPL) +1.95%.

The Dow stock losers Monday were led by Boeing (BA) -0.96% and Home Depot (HD) -0.63%.

The Fed meets Tuesday and Wednesday and is expected to raise rates.

Boeing (BA -0.96%) gained over 1% in after-hours trading after it boosted its dividend by 20% to $1.71 a share from $1.42 a share and authorized a new $18 billion stock buyback plan to replace the $14 billion program they put in place a year ago.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is down six-tenths of a cent at $2.456 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/21/17 after the market close.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is up +92.66% year-to-date.

Financial Calendar

0830 ET Nov PPI final demand expected +0.3% m/m and +2.9% y/y, Oct +0.4% m/m and +2.8% y/y. Nov PPI ex food & energy expected +0.2% m/m and +2.4% y/y, Oct +0.4% m/m and +2.4% y/y.

1030 ET FOMC begins 2-day policy meeting.

1200 ET USDA Dec WASDE crop production.

1300 ET Treasury auctions $12 billion 30-year T-bonds.

1400 ET Nov monthly budget statement expected -$135.0 billion, Oct -$63.2 billion.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.