DJIA Market Happenings For Friday, April 3, 2020

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Walgreens (WBA).

The Market

Premarket today, the Dow was indicated to open down -112 points.

Thursday the Dow was down +469.93 (+2.24%) at 21,413.44.

Year-to-date the Dow is down -24.97%.

There were 26 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Chevron (CVX) +11.03%, Exxon Mobil (XOM) +7.65% and Caterpillar (CAT) +4.84%.

The Dow stock losers Thursday were led by Walgreens (WBA) -6.30%, United Technologies (UTX) -5.87% and Boeing (BA) -5.68%.

Nonfarm payrolls dropped by 701,000 in March, according to Labor Department numbers released Friday that only begin to show the economic damage wrought by the coronavirus crisis. The unemployment rate rose to 4.4% from 3.5%, its highest level since August 2017.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down 1.4 cents at $1.956 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) reported earnings on 4/2/2020 before the market open of $1.52, beating estimates calling for $1.479 per share.

Johnson & Johnson (JNJ) reports earnings on 4/14/20 before the market open.

JPMorgan (JPM) reports earnings on 4/14/20 before the market open.

Goldman Sachs (GS) reports earnings on 4/15/20 before the market open.

UnitedHealth (UNH) reports earnings on 4/15/20 before the market open.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is down -18.21% year-to-date (down -21.61% from 2/19/20 YTD high of 306.71). UnitedHealth (UNH) YTD low was 187.72 on 3/23/20.

Financial Calendar

8:30 AM ET Jobs Report

9:45 AM ET PMI Services Index

10:00 AM ET ISM Non-Mfg Index

1:00 PM ET Baker-Hughes Rig Count

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