The Dow Market Happenings For Thursday, September 2, 2021 – Travelers (TRV) +13.47% YTD

Dow stocks hitting 52 week highs include Apple (AAPL). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +100 points.

Wednesday the Dow closed down -48.20 (-0.14%) at 35,312.53.

Year-to-date the Dow is up +15.38%.

There were 11 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Disney (DIS) 183.48 (+1.20%), Salesforce (CRM) 268.32 (+1.15%) and Procter & Gamble (PG) 143.84 (+1.02%).

The Dow stock losers Wednesday were led by Caterpillar (CAT) 207.96 (-1.38%), Chevron (CVX) 95.71 (-1.10%) and Amgen (AMGN) 223.35 (-0.97%).

The 10-year Treasury yield dipped about 1 basis point Thursday to 1.29%.

Initial jobless claims for the week ended Saturday totaled 340,000, the lowest level since the early days of the Covid pandemic, the Labor Department reported Thursday. Economists had forecast initial claims of 345,000. First-time filings for unemployment insurance for the previous week came in at 353,000. The weekly jobless claims data comes ahead of Friday’s key August nonfarm payroll report. Consensus forecasts expect that the U.S. economy added 720,000 jobs for the month and the headline unemployment rate is seen as falling to 5.2% from 5.4%.

US futures are higher, European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up nine-tenths of a cent at $3.174 per gallon.

Earnings Reports

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) 159.28 (-0.27%) is up +13.47% in 2021.

Financial Calendar

7:30 AM ET Challenger Job-Cut Report

8:30 AM ET International Trade in Goods and Services

8:30 AM ET Jobless Claims

8:30 AM ET Productivity and Costs

10:00 AM ET Factory Orders

10:30 AM ET EIA Natural Gas Report

11:00 AM ET 3-Month Bill Announcement

11:00 AM ET 6-Month Bill Announcement

11:00 AM ET 52-Week Bill Announcement

11:00 AM ET 3-Yr Note Announcement

11:00 AM ET 10-Yr Note Announcement

11:00 AM ET 30-Yr Bond Announcement

11:30 AM ET 4-Week Bill Auction

11:30 AM ET 8-Week Bill Auction

4:30 PM ET Fed Balance Sheet

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