The Dow Market Happenings For Friday, September 28, 2018

Dow stocks at 52 week highs include Cisco (CSCO) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -86 points.

Thursday the Dow was up +54.65 (+0.21%) at 26,439.93.

Year-to-date the Dow is up +6.96%.

There were 19 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Apple (AAPL) +2.06% and Walgreens (WBA) +1.17%.

The Dow stock losers Thursday were led by Goldman Sachs (GS) -0.50% and Walmart (WMT) -0.49%.

European stocks are lower and Asian markets ended higher.

The national average price of gasoline is up two-tenths of a cent at $2.875 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is down -1.07% year-to-date.

Financial Calendar

12:30 Core PCE Price Index (MoM) (Aug), 0.1%, 0.2%

12:30 Core PCE Price Index (YoY) (Aug), 2.0%, 2.0%

12:30 FOMC Member Barkin Speaks

12:30 PCE Deflator (MoM), 0.2%, 0.1%

12:30 PCE Deflator (YoY), 2.3%

12:30 Personal Income (MoM) (Aug), 0.4%, 0.3%

12:30 Personal Spending (MoM) (Aug), 0.3%, 0.4%

12:30 Real Personal Consumption (MoM) (Aug), 0.2%

13:45 Chicago PMI (Sep), 62.3, 63.6

14:00 Michigan 5-Year Inflation Expectations (Sep), 2.40%

14:00 Michigan Consumer Expectations (Sep), 91.1

14:00 Michigan Consumer Sentiment (Sep), 100.5, 100.8

14:00 Michigan Current Conditions (Sep), 116.1

14:00 Michigan Inflation Expectations (Sep), 2.8%

14:30 ECRI Weekly Annualized (WoW)

14:30 ECRI Weekly Index, 148.0

Tentative Dallas Fed PCE (Aug), 1.60%

17:00 U.S. Baker Hughes Oil Rig Count, 866

19:30 CFTC Copper speculative net positions, -0.2K

19:30 CFTC Crude Oil speculative net positions, 530.4K

19:30 CFTC Gold speculative net positions, -10.8K

19:30 CFTC S&P 500 speculative net positions, 150.0K

19:30 CFTC Silver speculative net positions, -25.5K

20:45 FOMC Member Williams Speaks

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