DJIA Market Happenings For Thursday, December 17, 2015

Dow stocks at 52 week highs include General Electric (GE), Microsoft (MSFT), Coca Cola (KO) and McDonald’s (MCD).There are no Dow stock 52 week lows

The Market

Premarket today, the Dow was indicated to open up +52 points.

Wednesday, the Dow was up +156.41 (+0.90%) at 17,524.91.

Year-to-date the Dow is down -0.42%.

There were 28 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Goldman Sachs (GS) +2.31% and General Electric (GE) +2.18%.

The Dow stock losers Wednesday were Dupont (DD) -0.41% and Exxon Mobil (XOM) -0.35%.
The Fed raise a quarter point and the markets are headed higher (for a while I hope).

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down four-tenths of a cent at $2.007 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) is up +26.61% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -7,000 to 275,000, previous +13,000 to 282,000. Weekly continuing claims expected -43,000 to 2.200 million, previous +82,000 to 2.243 million.

0830 ET Q3 current account balance expected -$118.5 billion, Q2 -$109.7 billion.

0830 ET Dec Philadelphia Fed business outlook survey expected -0.9 to 1.0, Nov +6.4 to 1.9

0830 ET USDA weekly Export Sales.

1000 ET Nov leading indicators expected +0.1%, Oct +0.6%.

1100 ET Treasury announces amount of 2-year floating-rate notes to be auctioned Dec 23 (previous $13 billion).

1300 ET Treasury auctions $16 billion 5-year TIPS.

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