The Dow Market Happenings For Friday, March 27, 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 down -775 points.

Thursday the Dow was up +1351.62 (+6.38%) at 22,552.17.

Year-to-date the Dow is down -20.98%.

There were 29 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Boeing (BA) +13.72%, Chevron (CVX) +10.26%, Walgreens (WBA) +10.21%, UnitedHealth (UNH) +8.91% and United Technologies (UTX) +8.78%.

The lone Dow stock loser Thursday was Dow (DOW) -2.30%.

The Dow Jones Industrial Average DJIA, is back in a bull market, reached on a day when data showed a record number of people filing for unemployment benefits. The 21% gain in the last three days ends what was just an 11-day bear market for the blue chips. But is it real or is it a Bull trap?

European stocks are lower and Asian markets ended higher.

The national average price of gasoline is down 1.8 cents at $2.051 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/24/2020 after the market close of $0.53, missing estimates calling for $0.618 per share.

Walgreens (WBA) reports earnings on 4/2/2020 before the market open.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is down -16.79% year-to-date (down -20.19% from 1/22/20 high of 105.62).

Financial Calendar

8:30 AM ET Personal Income and Outlays

10:00 AM ET Consumer Sentiment

1:00 PM ET Baker-Hughes Rig Count

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.