The Dow Market Happenings For Thursday, January 2, 2020

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 up +141 points.

Tuesday the Dow was up +76.30 (+0.27%) at 28,538.44.

Year-to-date the Dow is up +22.34%. Guess that’s a wrap for 2019. Come Thursday we will have a new number started.

There were 26 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by IBM (IBM) +0.93%, Cisco (CSCO) +0.78% and Apple (AAPL) +0.73%.

The Dow stock losers Tuesday were led by Walmart (WMT) -0.47%, Boeing (BA) -0.20% and Merck (MRK) -0.09%.

In 2019 the Dow index soared 22%, its strongest yearly performance since 2017. The S&P 500 was 29% higher, its best performance since 2013. The tech-heavy Nasdaq jumped 35% to notch its best gain since 2013.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.586 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.

Walgreens (WBA) reports earnings on 1/8/2020 before the market open.

JPMorgan (JPM) reports earnings on 1/14/2020 before the market open.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is up +35.88% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

9:45 AM ET PMI Manufacturing Index

2:00 PM ET FOMC Minutes

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

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