The Dow Market Happenings For Monday, July 9, 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 up +105 points.

Friday the Dow was up +99.74 (+0.41%) at 24,456.48.

Year-to-date the Dow is down -1.06%.

There were 24 Dow stocks up Friday.

The Dow stock winners Friday were led by Walgreens (WBA) +1.47% and Microsoft (MSFT) +1.40%.

The Dow stock losers Friday were led by Caterpillar (CAT) -0.29% and DowDuPont (DWDP) -0.21%.

JPMorgan (JPM) reports earnings this Friday before the market open.

The U.S. placed $34 billion of tariffs on Chinese goods on Friday, a move that triggered China to hit back with its own set of duties.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is unchanged at $2.865 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.

Microsoft (MSFT) reports earnings on 7/19/2018 after the market close.

Travelers (TRV) reports earnings on 7/19/2018 before the market open.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is up +10.54% year-to-date.

Financial Calendar

13:10 FOMC Member Kashkari Speaks

14:00 CB Employment Trends Index (Jun), 107.70

15:30 3-Month Bill Auction, 1.940%

15:30 6-Month Bill Auction, 2.085%

19:00 Consumer Credit (May), 12.20B, 9.26B

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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