The Dow Market Happenings For Monday, June 17, 2019

Dow stocks at 52 week highs include Disney (DIS), Procter & Gamble (PG), Travelers (TRV) and Walmart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -5 points.

Friday the Dow was down -17.16 (-0.07%) at 26,089.61.

Year-to-date the Dow is up +11.84%.

There were 17 Dow stocks up Friday.

The Dow stock winners Friday were led by Home Depot (HD) +1.69%, Verizon (VZ) +1.15% and Pfizer (PFE) +0.61%.

The Dow stock losers Friday were led by Dow (DOW) -3.27%, Cisco (CSCO) -2.53% and 3M (MMM) -1.28%.

The Fed starts it’s two day policy meeting on Tuesday.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down four-tenths of a cent at $2.685 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 6/27/2019 after the market close.

Walgreens (WBA) reports earnings on 6/27/2019 before the market open.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) is up +26.36% year-to-date.

Financial Calendar

8:30 AM ET Empire State Mfg Survey

10:00 AM ET Housing Market Index

4:00 PM ET Treasury International Capital

DJIA Market Happenings For Friday, June 14, 2019

Dow stocks at 52 week highs include Procter & Gamble (PG), Visa (V) and Walmart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -29 points.

Thursday the Dow was up +101.94 (+0.39%) at 26,106.77.

Year-to-date the Dow is up +11.91%.

There were 19 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Disney (DIS) +4.44%, Home Depot (HD) +1.71% and Walgreens (WBA) +1.48%.

The Dow stock losers Thursday were led by Pfizer (PFE) -1.35%, Visa (V) -1.31% and Merck (MRK) -097%.

Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down nine-tenths of a cent at $2.707 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) is up +11.14% year-to-date.

Financial Calendar

8:30 AM ET Retail Sales

9:15 AM ET Industrial Production

10:00 AM ET Business Inventories

10:00 AM ET Consumer Sentiment

1:00 PM ET Baker-Hughes Rig Count

The Dow Market Happenings For Thursday, June 13, 2019

Dow stocks at 52 week highs include Merck (MRK), Procter & Gamble (PG) and Travelers (TRV). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +76 points.

Wednesday the Dow was down -43.68 (-0.17%) at 26,004.83.

Year-to-date the Dow is up +11.48%.

There were 15 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Johnson & Johnson (JNJ) +1.36%, Pfizer (PFE) +0.96% and Verizon (VZ) +0.93%.

The Dow stock losers Wednesday were led by Goldman Sachs (GS) -2.32%, Cisco (CSCO) -2.19% and Walgreens (WBA) -1.44%.

Unemployment insurance weekly claims in the week ending June 8, the advance figure for seasonally adjusted initial claims was 222,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 218,000 to 219,000. The 4-week moving average was 217,750, an increase of 2,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 215,000 to 215,250. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 1, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 1 was 1,695,000, an increase of 2,000 from the previous week’s revised level. The previous week’s level was revised up 11,000 from 1,682,000 to 1,693,000. The 4-week moving average was 1,683,250, an increase of 7,750 from the previous week’s revised average. The previous week’s average was revised up by 2,750 from 1,672,750 to 1,675,500.

The US budget deficit ballooned to a record high in the month of May, as federal spending continued to outpace income despite a solid economy. The gap between the amount the government takes in and spends came in at $207.8 billion last month, nearly 42% higher than a year earlier.

The price of oil surged Thursday after an apparent attack on two tankers in the Gulf of Oman. West Texas Intermediate crude jumped 3% to $52.70 a barrel, while Brent crude jumped 3.8% to $62.04. Oil was previously trading at five-month lows.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down seven-tenths of a cent at $2.716 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is up +10.48% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

8:30 AM ET Import and Export Prices

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply