DJIA Market Happenings For Thursday, December 26, 2013

Dow stocks at new 52 week highs include Dupont (DD), Disney (DIS), General Electric (GE) and Visa (V) There are no Dow stock 52 week lows.

The Market

Premarket, the Dow was indicated to open up +62 points and the Santa Rally still continues. The day after Christmas is higher more than 79% of the time.

Monday, the Dow closed up +62.94 (+0.39%) at 16,357.55.

Year-to-date the Dow is up +24.83%.

It’s the day after Christmas and not much is happening.

I hope everyone had a very Merry Christmas! It was a lovely day here in Gig Harbor, Washington.

European stocks are higher and Asian stocks ended mostly higher.

The national average price of gasoline is up a penny to $3.268 per gallon.

Earnings Reports.

There are no Dow earnings scheduled in the near term.

Earnings reports from Tuesday include:

There were no notable earnings reports.

Other stocks expected to report earnings today include:

There are no notable earnings reports expected today.

Today’s Featured Dow Stock

Merck & Co Inc. (MRK)

Merck & Co Inc. (MRK) is up +20.69% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -34,000 to 345,000, previous +10,000 to 379,000. Weekly continuing claims expected -57,000 to 2.827 million, previous +94,000 to 2.884 million.

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