The Dow Market Happenings For Monday, July 1, 2019

Dow stocks at 52 week highs include McDonald’s (MCD). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +275 points.

Friday the Dow was up +73.38 (+0.28%) at 26,599.96.

Year-to-date the Dow is up +14.03%.

There were 17 Dow stocks up Friday.

The Dow stock winners Friday were led by JPMorgan (JPM) +2.72%, Goldman Sachs (GS) +2.65% and Visa (V) +1.35%.

The Dow stock losers Friday were led by Dow (DOW) -3.14%, Cisco (CSCO) -1.79% and Johnson & Johnson (JNJ) -1.00%.

A trade truce between the United States and China and the easing of restrictions on Huawei have sparked a tech rally.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.717 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.

Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) is up +14.53% year-to-date.

Financial Calendar

9:45 AM ET PMI Manufacturing Index

10:00 AM ET ISM Mfg Index

10:00 AM ET Construction Spending

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