The Dow Market Happenings For Thursday, December 10, 2015

Dow stocks at 52 week highs include McDonald’s (MCD).Dow stock 52 week lows include American Express (AXP)

The Market

Premarket today, the Dow was indicated to open up +25 points.

Wednesday, the Dow was down -75.70 (-0.43%) at 17,492.30.

Year-to-date the Dow is down -1.86%.

There were 6 Dow stocks were up Wednesday.

The Dow stock winners Wednesday were led by Dupont (DD) +11.85% and Chevron (CVX) +1.34%.

he Dow stock losers Wednesday were led by Apple (AAPL) -2.21% and Nike (NKE) -2.17%.

Chevron (CVX +1.34%) said it will cut its 2016 spending plans by 24% to $26.6 billion due to the slump in energy markets.

European stocks are mixed and Asian markets ended lower.

The national average price of gasoline is down nine-tenths of a cent at $2.010 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/22/15 after the market close.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is up +18.35% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected unch at 269,000, previous +9,000 to 269,000. Weekly continuing claims expected -6,000 to 2.155 million, previous +6,000 to 2.161 million.

0830 ET Nov import price index expected -0.8% m/m and -9.6% y/y, Oct -0.5% m/m and -10.5% y/y.

0830 ET USDA weekly Export Sales.

1100 ET Treasury announces amount of 5-year TIPS to be auctioned Dec 17.

1300 ET Treasury auctions $13 billion 30-year T-bonds.

1400 ET Nov monthly budget statement expected -$68.0 billion, Oct -$136.532 billion.

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