DJIA Market Happenings For Friday, December 7, 2018

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Goldman Sachs (GS).

The Market

Premarket today, the Dow was indicated to open up +20 points.

Thursday the Dow was down -79.40 (-0.32%) at 24,947.67.

Year-to-date the Dow is up +0.92%.

There were 14 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Cisco (CSCO) +2.20%, IBM (IBM) +1.90% and Visa (V) +1.74%.

The Dow stock losers Thursday were led by Boeing (BA) -3.09%, JPMorgan (JPM) -1.90% and Exxon Mobil (XOM) -1.31%.

In November, the economy added 155,000 jobs and the unemployment rate stayed at 3.7%. Non-farm payrolls were forecast to rise by 198,000 in November with the unemployment rate expected to hold steady at a post-crisis low of 3.7%, the lowest overall unemployment level since 1969. Wages were in-line with expectations, with average hourly earnings rising 0.3% over last month and 3.1% over the prior year. Read the full November Non-Farm Payroll Report.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down seven-tenths of a cent at $2.436 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Walgreens (WBA)

Walgreens (WBA) is up +14.21% year-to-date.

Walgreens (WBA) and FedEx Corp. (FDX) today announced the nationwide launch of next-day prescription delivery service, bringing together Walgreens extensive network of neighborhood pharmacy locations with the FedEx air-and-ground delivery network to enhance convenience for patients to fill prescriptions. Walgreens is now the fastest choice for next-day prescription delivery across the nation. Patients enrolled in text alerts will receive text notification when qualifying prescriptions are ready. Following a simple process on their mobile device, patients can now have their qualifying prescriptions delivered right to their home as early as the next day (for a $4.99 fee nationwide). Same-day delivery is currently available in select markets and will be expanded in 2019.

Financial Calendar

07:30 November Non-Farm Payroll Report

07:30 Wholesale Trade

14:00 Consumer Credit

The Dow Market Happenings For Thursday, December 6, 2018

Dow stocks at 52 week highs include Johnson & Johnson (JNJ), Merck (MRK), Pfizer (PFE), Procter & Gamble (PG), UnitedHealth (UNH) and Walgreens (WBA). Dow stock 52 week lows include Goldman Sachs (GS).

The Market

Markets were closed Wednesday for a National Day of Mourning for President George H.W. Bush who passed away last Friday.

Year-to-date the Dow is up +1.25%.

Dow futures are showing -400 points this morning.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.443 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Walmart (WMT)

Walmart (WMT) is down -3.50% year-to-date and closed the most recent trading day at $94.77, down -1.09% from the previous trading session. Prior to today’s trading, shares of the world’s largest retailer had lost -8.16% over the past month.

Financial Calendar

07:30 EXPORT SALES

07:30 JOBLESS CLAIMS

07:30 US TRADE BALANCE

09:00 FACTORY ORDERS

09:30 EIA GAS STORAGE

DJIA Market Happenings For Wednesday, December 5, 2018

Dow stocks at 52 week highs include Johnson & Johnson (JNJ), Merck (MRK), Pfizer (PFE), Procter & Gamble (PG), UnitedHealth (UNH) and Walgreens (WBA). Dow stock 52 week lows include Goldman Sachs (GS).

The Market

Markets are closed Wednesday for a National Day of Mourning for President George H.W. Bush who passed away last Friday.

Tuesday the Dow was down -799.36 (-3.10%) at 25,027.07.

Year-to-date the Dow is up +1.25%.

There were no Dow stocks up Tuesday.

The Dow stock winners Tuesday were not to be found. All 30 Dow stocks were down for the day.

The Dow stock losers Tuesday were led by Boeing (BA) -4.85%, Intel (INTC) -4.75%, JPMorgan (JPM) -4.46%, Apple (AAPL) -4.40%, Visa (V) -4.39%, American Express (AXP) -4.20% and Goldman Sachs (GS) -3.82%.

Dow futures are showing +110 points this morning.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.445 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +21.59% year-to-date.

Financial Calendar

All Day Holiday – United States – Mourning – In Honor Of George H.W. Bush

12:00 MBA 30-Year Mortgage Rate, 5.12%

12:00 MBA Mortgage Applications (WoW), 5.5%

12:00 MBA Purchase Index, 247.8

12:00 Mortgage Market Index, 333.7

12:00 Mortgage Refinance Index , 787.7

13:30 Unit Labor Costs (QoQ) (Q3), 1.2%, 1.2%

14:45 Markit Composite PMI (Nov), 54.4, 54.4

14:45 Services PMI (Nov), 54.4, 54.4

15:30 Gasoline Inventories, 1.333M, -0.764M

19:00 Beige Book