DJIA Market Happenings For Friday, June 21, 2024 – Cisco (CSCO) 46.72 Down -7.52% YTD

Dow stocks hitting 52-week highs include Honeywell (HON) 214.14 (+0.60%) and Walmart (WMT) 68.01 (+0.61%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -11 points.

Thursday the Dow closed up +299.90 (+0.77%) at 39,134.76.

Year-to-date the Dow is up +3.84%.

Thursday, (23) Dow stocks were up, none made 52-week lows and (2) made 52-week highs.

The Dow stock winners Thursday were led by Salesforce (CRM) 241.80 (+4.31%), Chevron (CVX) 156.64 (+2.16%) and IBM (IBM) 173.92 (+1.98%).

The Dow stock losers Thursday were led by Dow (DOW) 54.21 (-2.22%), Apple (AAPL) 209.68 (-2.15%) and Coca Cola (KO) 62.18 (-0.72%).

The VIX closed Thursday at 13.28 (+6.41%) and the 10 YR at 4.263 (+0.33%). The VIX is currently at 13.48 (+1.51%). The 10YR is at 4.232 (-0.40%).

Nike (NKE) moved 1% higher following an upgrade at Oppenheimer to outperform from market perform. The company reports earnings next week.

Options expiration ‘triple witching’ and index rebalancing could create volatility today.

U.S. futures are mostly lower, European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up one-tenth of a cent at $3.456 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 6/27/24 after the market close.

Goldman Sachs (GS) reports earnings on 7/15/24 before the market open.

UnitedHealth (UNH) reports earnings on 7/15/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/17/24 before the market open.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) 46.72 (+1.63%) is down -7.52% in 2024.

Financial Calendar

09:45 AM ET S&P Global US Manufacturing PMI (Jun), 51.0, 51.3
09:45 AM ET S&P Global Composite PMI (Jun), 54.5
09:45 AM ET S&P Global Services PMI (Jun), 53.4, 54.8
10:00 AM ET Existing Home Sales (May), 4.08M, 4.14M
10:00 AM ET Existing Home Sales (MoM) (May), -1.9%
10:00 AM ET US Leading Index (MoM) (May), -0.4%, -0.6%
10:30 AM ET Natural Gas Storage, 69B, 74B
11:00 AM ET Fed Monetary Policy Report
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 488
13:00 PM ET U.S. Baker Hughes Total Rig Count, 590
15:30 PM ET CFTC Aluminium speculative net positions, 1.1K 15:30 PM ET CFTC Copper speculative net positions, 61.3K
15:30 PM ET CFTC Corn speculative net positions, -101.0K
15:30 PM ET CFTC Crude Oil speculative net positions, 233.5K
15:30 PM ET CFTC Gold speculative net positions, 233.9K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, -8.0K
15:30 PM ET CFTC Natural Gas speculative net positions, -102.8K
15:30 PM ET CFTC S&P 500 speculative net positions, -111.4K
15:30 PM ET CFTC Silver speculative net positions, 51.7K
15:30 PM ET CFTC Soybeans speculative net positions, -56.3K
15:30 PM ET CFTC Wheat speculative net positions, -25.0K

Dow 30 Components Closing Prices For Thursday, June 20, 2024

Dow 30 Components Closing Prices Tuesday 06/18/2024

Symbol, Last, Net Chng, %Change
AAPL,209.68,-4.61,-2.15%
AMGN,309.89,+3.90,+1.27%
AMZN,186.10,+3.29,+1.80%
AXP,230.21,+.90,+0.39%
BA,176.30,+1.31,+0.75%
CAT,329.13,+3.99,+1.23%
CRM,241.80,+9.99,+4.31%
CSCO,46.72,+.75,+1.63%
CVX,156.64,+3.31,+2.16%
DIS,101.84,+.34,+0.33%
DOW,54.21,-1.23,-2.22%
GS,458.05,+.62,+0.14%
HD,353.44,-.43,-0.12%
HON,214.14,+1.27,+0.60%
IBM,173.92,+3.37,+1.98%
INTC,30.62,-.01,-0.03%
JNJ,147.78,+2.13,+1.46%
JPM,198.67,+1.67,+0.85%
KO,62.18,-.45,-0.72%
MCD,253.80,+3.01,+1.20%
MMM,101.66,+.89,+0.88%
MRK,129.67,+1.68,+1.31%
MSFT,445.70,-.64,-0.14%
NKE,95.57,+.79,+0.83%
PG,167.67,-.89,-0.53%
TRV,211.97,+3.46,+1.66%
UNH,484.52,+3.47,+0.72% V,276.82,+3.20,+1.17%
VZ,40.24,+.16,+0.40%
WMT,68.01,+.41,+0.61%

The Dow rose +0.77% today with (23) components up.

The Dow Market Happenings For Thursday, June 20, 2024 – Salesforce (CRM) 231.81 Down -11.91% YTD

Dow stocks hitting 52-week highs include Honeywell (HON) 212.87 (+0.43%) and Walmart (WMT) 67.60 (+0.27%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -43 points.

Tuesday the Dow closed up +56.76 (+0.15%) at 38,834.86.

Year-to-date the Dow is up +3.04%.

Tuesday, (20) Dow stocks were up, none made 52-week lows and (2) made 52-week highs.

The Dow stock winners Tuesday were led by Goldman Sachs (GS) 457.43 (+1.61%), Verizon (VZ) 40.08 (+1.57%) and Home Depot (HD) 353.87 (+1.25%).

The Dow stock losers Tuesday were led by Boeing (BA) 174.99 (-1.391%), UnitedHealth (UNH) 481.05 (-1.67%) and Intel (INTC) 30.63 (-1.13%).

The VIX closed Tuesday at 12.30 (-3.53%) and the 10 YR at 4.225 (+0.24%). The VIX is currently at 12.56 (+2.11%). The 10YR is at 4.277 (+1.47%).

Initial unemployment claims were higher than expected last week. First-time filings for jobless benefits totaled 238,000 for the week ended June 15, down 5,000 from the previous week but above the 235,000 Dow Jones estimate. Continuing claims totaled 1.828 million, up 15,000.

Housing starts in May totaled 1.277 million, a 5.5% decrease and below the 1.38 million estimate. Building permits totaled 1.386 million, a 3.8% decline from a month ago and short of the 1.45 million forecast.

The Philadelphia Federal Reserve Manufacturing Index for June was at 1.3 in June, down from 4.5 in May and below the 5.0 estimate. Prices indexes rose while employment improved but was still negative.

U.S. futures are mostly mixed, European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is up six-tenths of a cent at $3.455 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 6/27/24 after the market close.

Goldman Sachs (GS) reports earnings on 7/15/24 before the market open.

UnitedHealth (UNH) reports earnings on 7/15/24 before the market open.

Today’s Featured Dow Stock

Salesforce (CRM)

Salesforce (CRM) 231.81 (+0.58%) is down -11.91% in 2024.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 7.02%
07:00 AM ET MBA Mortgage Applications (WoW), 15.6%
07:00 AM ET MBA Purchase Index, 143.7
07:00 AM ET Mortgage Market Index, 208.5
07:00 AM ET Mortgage Refinance Index, 554.7
10:00 AM ET NAHB Housing Market Index (Jun), 45, 45