The Dow Market Happenings For Friday, June 1, 2018

Dow stocks at 52 week highs include Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up+130 points.

Thursday the Dow was down -251.94 (-1.02%) at 24,415.84.

Year-to-date the Dow is down -1.23%.

There was 1 Dow stock up Thursday.

The Dow stock winner Thursday was Visa (V) +0.06%.

The Dow stock losers Thursday were led by Procter & Gamble (PG) -2.30%, Caterpillar (CAT) -2.28%, Verizon (VZ) -1.91% and Wal-Mart (WMT) -1.88%.

The U.S. economy added 223,000 job in May as U.S. companies continued their hiring spree, according to the Labor Department’s monthly jobs report released Friday. The unemployment rate fell to 3.8 percent, the lowest since 2000. Wage growth ticked up slightly to 2.7 percent over the past year.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down two-tenths of a cent at $2.957 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is down -5.25% year-to-date.

Financial Calendar

00:30 FOMC Member Kaplan Speaks

12:30 Average Hourly Earnings (YoY) (May), 2.7%, 2.6%

12:30 Average Hourly Earnings (MoM) (May), 0.2%, 0.1%

12:30 Average Weekly Hours (May), 34.5, 34.5

12:30 Government Payrolls (May), -4.0K

12:30 Manufacturing Payrolls (May), 20.0K, 24.0K

12:30 Nonfarm Payrolls (May), 188K, 164K

12:30 Participation Rate (May), 62.8%

12:30 Private Nonfarm Payrolls (May), 183K, 168K

12:30 U6 Unemployment Rate (May), 7.8%

12:30 Unemployment Rate (May), 3.9%, 3.9%

12:55 FOMC Member Kashkari Speaks

13:45 Manufacturing PMI (May), 56.6, 56.6

14:00 Construction Spending (MoM) (Apr), 0.8%, -1.7%

14:00 ISM Manufacturing Employment (May), 54.5, 54.2

14:00 ISM Manufacturing New Orders Index (May), 61.2

14:00 ISM Manufacturing PMI (May), 58.1, 57.3

14:00 ISM Manufacturing Prices (May), 78.2, 79.3

14:30 ECRI Weekly Annualized (WoW), 3.5%

14:30 ECRI Weekly Index, 148.5

17:00 U.S. Baker Hughes Oil Rig Count, 844

19:30 All Car Sales, 5.42M

19:30 All Truck Sales (May), 11.72M

19:30 CFTC Copper speculative net positions, 39.0K

19:30 CFTC Crude Oil speculative net positions, 633.4K

19:30 CFTC Gold speculative net positions, 91.0K

19:30 CFTC S&P 500 speculative net positions, 185.2K

19:30 CFTC Silver speculative net positions, 15.2K

19:30 Domestic Car Sales, 4.00M, 3.90M

19:30 Domestic Truck Sales (May), 9.25M, 9.28M

19:30 Total Vehicle Sales, 17.00M, 17.15M

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