The Dow Market Happenings For Wednesday, August 29, 2018

Dow stocks at 52 week highs include Apple (AAPL), American Express (AXP), Cisco (CSCO), UnitedHealth (UNH) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -14 points.

Tuesday the Dow was up +14.38 (+0.06%) at 26,064.02.

Year-to-date the Dow is up +5.44%.

There were 26 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Walmart (WMT) +1.62% and Apple (AAPL) +0.81%.

The Dow stock losers Tuesday were led by Boeing (BA) -0.72% and Coca Cola (KO) -0.70%.

European stocks are mostly higher and Asian markets ended mostly higher.

The national average price of gasoline is up two-tenths of a cent at $2.837 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is up +21.80% year-to-date.

Financial Calendar

11:00 MBA 30-Year Mortgage Rate, 4.78%, 4.81%

11:00 MBA Mortgage Applications (WoW), -1.7%, 4.2%

11:00 MBA Purchase Index 230.1, 232.1

11:00 Mortgage Market Index, 344.0, 349.9

11:00 Mortgage Refinance Index, 952.9, 982.7

12:30 Core PCE Prices, 2.00%, 2.00%, 2.00%

12:30 Corporate Profits (QoQ) (Q2), 2.4%, 8.6%, 8.7%

12:30 GDP (QoQ) (Q2), 4.2%, 4.0%, 4.1%

12:30 GDP Price Index (QoQ) (Q2), 3.2%, 3.0%, 3.2%

12:30 PCE Prices, 1.9%, 1.8%, 1.8%

12:30 Real Consumer Spending (Q2), 3.8%, 3.9%, 4.0%

14:00 Pending Home Sales (MoM) (Jul), 0.3%, 0.9%

14:00 Pending Home Sales Index (Jul), 106.9

14:30 Crude Oil Inventories, -0.686M, -5.836M

14:30 Crude Oil Imports, -1.059M

14:30 Cushing Crude Oil Inventories, 0.772M

14:30 Distillate Fuel Production, 0.089M

14:30 EIA Weekly Distillates Stocks, 1.592M, 1.849M

14:30 Gasoline Production, -0.083M

14:30 Heating Oil Stockpiles, 0.206M

14:30 Gasoline Inventories, 0.370M, 1.200M

17:00 7-Year Note Auction, 2.930%

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

Leave a Reply

You must be logged in to post a comment.