The Dow Market Happenings For Tuesday, October 6, 2020

There are no Dow stocks hitting 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +151 points.

Monday the Dow was up +465.83 (+1.68%) at 28,148.64.

Year-to-date the Dow is down -1.37%.

All 30 Dow stocks were up Monday.

The Dow stock winners Monday were led by Amgen (AMGN) 256.01 (+4.32%), Apple (AAPL) 116.50 (+3.08%), Travelers (TRV) 111.91 (+3.07%), Dow (DOW) 48.58 (+2.68%), Walgreens (WBA) 36.62 (+2.38%) and Caterpillar (CAT) 153.49 (+2.37%).

The Dow stock losers Monday were not to be found.

Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi plan to discuss a possible Covid relief package, but have yet to reach a deal.

European stocks are mostly higher and Asian markets ended mostly higher.

The national average price of gasoline is down four-tenths of a cent at $2.182 per gallon.

Earnings Reports

Nike (NKE) 116.87 (+3.09%) reported earnings on 9/22/2020 after the market close of $0.95, beating estimates calling for $0.458 per share. Last I checked it was trading at 132.15 in after-hours. [Closed at $114.90, +1.93% on 9/9/2020]

Johnson & Johnson (JNJ) 148.88 (+1.24%) reports earnings on Tuesday 10/13/2020 before the market open.

JPMorgan (JPM) 96.27 (+0.96%) reports earnings on Tuesday 10/13/2020 before the market open.

Goldman Sachs (GS) reports earnings on Wednesday 10/14/2020 before the market open.

UnitedHealth (UNH) reports earnings on Wednesday 10/14/2020 before the market open.

Walgreens (WBA) reports earnings on Thursday 10/15/2020 before the market open.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 38.27 (-1.37%) is down -39.67% year-to-date. Chevron (CVX) YTD low was 51.60 on 3/19/2020. Chevron has provided a +40.89% gain off the YTD low.

Financial Calendar

8:30 AM ET Goods and Services Trade

8:55 AM ET Redbook

10:00 AM ET JOLTS

10:40 AM ET Jerome Powell Speaks

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

11:30 AM ET 52-Week Bill Auction

1:00 PM ET 3-Yr Note Auction

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