The Dow Market Happenings For Friday, June 26, 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 -172 points.

Thursday the Dow was up +299.66 (+118%) at 25,745.60.

Year-to-date the Dow is down -9.79%.

There were 22 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Goldman Sachs (GS) +4.59%, Dow (DOW) +3.98% and JPMorgan (JPM) +3.49%.

The Dow stock losers Thursday were led by Raytheon Technologies (RTX) -1.07%, Boeing (BA) -1.02% and Intel (INTC) -0.98%.

Nike (NKE) shares slide 3% after the bell on the back of a surprising quarterly loss for the apparel giant. The company reported a loss of 51 cents per share and revenue of $6.31 billion for its fiscal fourth quarter. Nike’s quarterly revenue reflected a drop of 38% on a year-over-year basis.

U.S. infections rise by nearly 40,000 Thursday, the biggest single-day gain on record, as the potential for a second wave of the pandemic continues to escalate.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up five-tenths of a cent at $2.176 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/25/2020 after the market close of -$0.51, missing estimates calling for $0.016 per share.

Walgreens (WBA) reports earnings on 7/9/2020 before the market open.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is up +0.76% year-to-date. UnitedHealth (UNH) YTD low was 187.72 on 3/23/2020. That’s a +36.63% gain from the 2020 low.

Financial Calendar

8:30 AM ET Personal Income and Outlays

10:00 AM ET Consumer Sentiment

1:00 PM ET Baker-Hughes Rig Count

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