DJIA Market Happenings For Friday, July 6, 2018

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -25 points.

Thursday the Dow was up +181.92 (+0.75%) at 24,356.74.

Year-to-date the Dow is down -1.47%.

There were 27 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Walgreens (WBA) +2.67% and Intel (INTC) +2.59%.

The Dow stock losers Thursday were led by Chevron (CVX) -0.60% and Cisco (CSCO) -0.26%.

The U.S. added 213,000 jobs in June, topping economist forecasts of 195,000. The unemployment rate ticked up to 4% from 3.8%, and average hourly earnings rose 2.7% from a year earlier.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is unchanged at $2.866 per gallon.

Earnings Reports.

Walgreens (WBA) reported earnings on 6/28/2018 before the market open with $1.53 per share, beating estimates calling for $1.503 per share.

Nike (NKE) reported earnings on 6/28/2018 after the market close of $0.69, beating estimates of $0.673 per share.

JPMorgan (JPM) reports earnings on 7/13/2018 before the market open.

Goldman Sachs (GS) reports earnings on 7/17/2018 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/17/2018 before the market open.

UnitedHealth (UNH) reports earnings on 7/17/2018 before the market open.

American Express (AXP) reports earnings on 7/18/2018 after the market close.

IBM (IBM) reports earnings on 7/18/2018 after the market close.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) is down -8.60% year-to-date.

Financial Calendar

12:30 Average Hourly Earnings (YoY) (YoY) (Jun), 2.8%, 2.7%

12:30 Average Hourly Earnings (MoM) (Jun), 0.3%, 0.3%

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

12:30 Exports, 211.25B

12:30 Government Payrolls (Jun), 5.0K

12:30 Imports, 257.44B

12:30 Manufacturing Payrolls (Jun), 15.0K, 18.0K

12:30 Nonfarm Payrolls (Jun), 200K, 223K

12:30 Participation Rate (Jun), 62.7%

12:30 Private Nonfarm Payrolls (Jun), 190K 218K

12:30 Trade Balance (May), -43.70B, -46.20B

12:30 U6 Unemployment Rate (Jun), 7.6%

12:30 Unemployment Rate (Jun), 3.8%, 3.8%

14:30 ECRI Weekly Annualized (WoW), 2.8%

14:30 ECRI Weekly Index, 148.2

14:30 Natural Gas Storage, 75B, 66B

17:00 U.S. Baker Hughes Oil Rig Count, 858

19:30 CFTC Copper speculative net positions, 34.0K

19:30 CFTC Crude Oil speculative net positions, 625.1K

19:30 CFTC Gold speculative net positions, 76.7K

19:30 CFTC S&P 500 speculative net positions, 197.2K

19:30 CFTC Silver speculative net positions, 34.2K

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