DJIA Market Happenings For Friday, January 4, 2019

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Apple (AAPL), down -9.86% year-to-date.

The Market

Premarket today, the Dow was indicated to open up +290 points.

Thursday the Dow was down -660.02 (-2.83%) at 22,686.22.

Year-to-date the Dow is down -2.75%.

There was 1 Dow stock up Thursday.

The Dow stock winner Thursday was Verizon (VZ) +0.36%.

The Dow stock losers Thursday were led by Apple (AAP) -9.96%, Intel (INTC) -5.50%, United Technologies (UTX) -4.45%, Cisco (CSCO) -4.38%, Boeing (BA) -3.99%, Caterpillar (CAT) -3.85%, 3M (MMM) -3.77%, DowDuPont (DWDP) -3.69%, Microsoft (MSFT) -3.68% and Visa (V) -3.60%.

The Bureau of Labor Statistics reported that non-farm payrolls rose to 312,000 in December, surging past expectations of 184,000. The November figure for non-farm payroll additions rose to 176,000, from 155,000 previously reported. The unemployment rate rose to 3.9% in December. The unemployment rate was 3.7% in November, the lowest overall unemployment level since 1969. The uptick was due to the labor force participation rate increasing to 63.1% in December from 62.9% in November. Average hourly earnings increased 0.4% over last month and 3.2% over the previous year. This exceeded expectations of wage growth of 0.3% over last month and 3% over last year. Wages rose 3.1% over the prior year in both November and October.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.250 per gallon.

Earnings Reports.

JPMorgan (JPM) reports earnings on 1/15/2019 before the market open.

UnitedHealth (UNH) reports earnings on 1/15/2019 before the market open.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) is down -1.50% year-to-date.

Financial Calendar

07:30 Export Sales

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