DJIA Market Happenings For Wednesday, March 6, 2019

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 -11 points.

Tuesday the Dow was down -13.02 (+0.05%) at 25,806.63.

Year-to-date the Dow is up +10.63%.

There were 12 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by UnitedHealth (UNH) +2.29%, Chevron (CVX) +0.96% and Walmart (WMT) +0.50%.

The Dow stock losers Tuesday were led by Walgreens (WBA) -2.07%, 3M (MMM) -1.46% and DowDuPont (DWDP) -1.05%.

The Organization for Economic Cooperation and Development on Wednesday cut its global growth forecast to 3.3% from 3.5%, saying the global economy is “facing increasingly serious headwinds.”

The ADP report said private-sector employment has “throttled back” in February. Employers added 183,000 jobs in February, compared with a revised 300,000 in January. The gain in February was close to forecasts from economists who expected a gain of 180,000.

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

The national average price of gasoline is up eight-tenths of a cent at $2.438 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +12.13% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:15 AM ET ADP Employment Report

8:30 AM ET International Trade

10:30 AM ET EIA Petroleum Status Report

2:00 PM ET Beige Book

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