DJIA Market Happenings For Monday, January 13, 2020

Dow stocks at 52 week highs include Apple (AAPL), Coca Cola (KO), Microsoft (MSFT) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +77 points.

Friday the Dow was down -133.13 (-0.46%) at 28,823.77.

Year-to-date the Dow is up +1.00%.

There were 8 Dow stocks up Friday.

The Dow stock winners Friday were led by Pfizer (PFE) +1.54%, Coca Cola (KO) +0.34% and UnitedHealth (UNH) +0.31%.

The Dow stock losers Friday were led by Boeing (BA) -1.91%, Travelers (TRV) -1.53% and Dow (DOW) -1.32%.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down two-tenths of a cent at $2.581 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 1/8/2020 before the market open of $1.37, missing estimates calling for $1.416 per share.

JPMorgan (JPM) reports earnings on 1/14/2020 before the market open.

Goldman Sachs (GS) reports earnings on 1/15/2020 before the market open.

UnitedHealth (UNH) reports earnings on 1/15/2020 before the market open.

IBM (IBM) reports earnings on 1/21/2020 after the market close.

Johnson & Johnson (JNJ) reports earnings on 1/22/2020 before the market open.

Procter & Gamble (PG) reports earnings on 1/23/2020 before the market open.

Travelers (TRV) reports earnings on 1/23/2020 before the market open.

Intel (INTC) reports earnings on 1/23/2020 after the market close.

American Express (AXP) reports earnings on 1/24/2020 before the market open.

Today’s Featured Dow Stock

Walgreens (WBA)

Walgreens (WBA) is down -8.04% year-to-date.

Financial Calendar

2:00 PM ET Treasury Budget

The Dow Market Happenings For Friday, January 10, 2020

Dow stocks at 52 week highs include Apple (AAPL), Goldman Sachs (GS), Microsoft (MSFT) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +30 points.

Thursday the Dow was up +211.81 (+0.74%) at 28,956.90.

Year-to-date the Dow is up +1.47%.

There were 20 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Apple (AAPL) +2.12%, Goldman Sachs (GS) +2.04% and Coca Cola (KO) +1.82%.

The Dow stock losers Thursday were led by Walgreens (WBA) -2.06%, Dow (DOW) -1.02% and UnitedHealth (UNH) -0.57%.

The December 2019 nonfarm payrolls increased by just 145,000 while the unemployment rate held steady at 3.5%. Economists had been looking for job growth of 160,000. The jobless rate met expectations for staying at a 50-year low. In addition to the slow payroll growth, average hourly earnings rose by just 2.9%, below the 3.1% projection. December marked the first time that wage gains were below 3% on a year-over-year basis since July 2018.

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

The national average price of gasoline is down five-tenths of a cent at $2.595 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 1/8/2020 before the market open of $1.37, missing estimates calling for $1.416 per share.

JPMorgan (JPM) reports earnings on 1/14/2020 before the market open.

Goldman Sachs (GS) reports earnings on 1/15/2020 before the market open.

UnitedHealth (UNH) reports earnings on 1/15/2020 before the market open.

IBM (IBM) reports earnings on 1/21/2020 after the market close.

Johnson & Johnson (JNJ) reports earnings on 1/22/2020 before the market open.

Procter & Gamble (PG) reports earnings on 1/23/2020 before the market open.

Travelers (TRV) reports earnings on 1/23/2020 before the market open.

Intel (INTC) reports earnings on 1/23/2020 after the market close.

Today’s Featured Dow Stock

Walmart (WMT)

Walmart (WMT) is down -1.25% year-to-date.

Financial Calendar

8:30 AM ET Jobs Report

10:00 AM ET Wholesale Trade

1:00 PM ET Baker-Hughes Rig Count

DJIA Market Happenings For Thursday, January 9, 2020

Dow stocks at 52 week highs include Apple (AAPL), Goldman Sachs (GS), Microsoft (MSFT) and Visa (V). There are no Dow stock 52 week lows.

The Market

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

Wednesday the Dow was up +161.41 (+0.56%) at 28,745.09.

Year-to-date the Dow is up +0.72%.

There were 21 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by UnitedHealth (UNH) +2.11%, American Express (AXP) +1.73% and Visa (V) +1.71%.

The Dow stock losers Wednesday were led by Walgreens (WBA) -5.84%, Boeing (BA) -1.75% and Exxon Mobil (XOM) -1.51%.

Verizon (VZ) dropped annual contracts for Fios TV and internet customers, eliminating the traditional bundles and allowing customers to select internet, tv, and phone packages separately. Customers will also be allowed to change any selections monthly.

Walmart (WMT) said it opened 134 new stores in Mexico last year, the biggest expansion by the retailer in that country since 2013.

Coca-Cola (KO) was upgraded to “outperform” from “neutral” at Credit Suisse, which said structural changes at the company should allow revenue and returns on investment to grow faster.

Unemployment insurance weekly claims in the week ending January 4, the advance figure for seasonally adjusted initial claims was 214,000, a decrease of 9,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 222,000 to 223,000. The 4-week moving average was 224,000, a decrease of 9,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 233,250 to 233,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending December 28, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 28 was 1,803,000, an increase of 75,000 from the previous week’s unrevised level of 1,728,000. The 4-week moving average was 1,744,750, an increase of 33,000 from the previous week’s unrevised average of 1,711,750.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is up 1.1 cents at $2.596 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 1/8/2020 before the market open of $1.37, missing estimates calling for $1.416 per share.

JPMorgan (JPM) reports earnings on 1/14/2020 before the market open.

Goldman Sachs (GS) reports earnings on 1/15/2020 before the market open.

UnitedHealth (UNH) reports earnings on 1/15/2020 before the market open.

IBM (IBM) reports earnings on 1/21/2020 after the market close.

Johnson & Johnson (JNJ) reports earnings on 1/22/2020 before the market open.

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +2.14% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply