DJIA Market Happenings For Tuesday, May 29, 2018

Dow stocks at 52 week highs include Microsoft (MSFT) and Nike (NKE). Dow stock 52 week lows include Johnson & Johnson (JNJ).

The Market

Premarket today, the Dow was indicated to open down -151 points.

Friday the Dow was down -58.67 (-0.24%) at 24,753.09.

Year-to-date the Dow is up +0.14%.

There were 13 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) +1.26% and UnitedHealth (UNH) +0.91%.

The Dow stock losers Friday were led by Chevron (CVX) -3.49% and Exxon Mobil (XOM) -1.94%

All the Dow stocks are trending sideways.

Italian President Sergio Mattarella refused to allow two euro-skeptic parties to form a government, instead calling for new elections. That’s the worry of the day.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.968 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 +15.51% year-to-date.

Financial Calendar

04:40 FOMC Member Bullard Speaks

12:55 Redbook (YoY), 3.2%

12:55 Redbook (MoM), 0.0%

13:00 S&P/CS HPI Composite – 20 s.a. (MoM) (Mar), 0.5%, 0.7%, 0.8%

13:00 S&P/CS HPI Composite – 20 n.s.a. (YoY) (Mar), 6.8%, 6.5%, 6.8%

13:00 S&P/CS HPI Composite – 20 n.s.a. (MoM) (Mar), 1.0%, 0.7%

51 min CB Consumer Confidence (May), 128.2, 128.7

14:30 Dallas Fed Mfg Business Index (May), 23.3, 21.8

15:30 3-Month Bill Auction, 1.895%

15:30 4-Week Bill Auction, 1.720%

15:30 6-Month Bill Auction, 2.080%

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