The Dow Market Happenings For Friday, December 18, 2015

Dow stocks at 52 week highs include Microsoft (MSFT) and McDonald’s (MCD).There are no Dow stock 52 week lows

The Market

Premarket today, the Dow was indicated to open down -64 points.

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

Year-to-date the Dow is down -1.84%.

There were 29 Dow stocks up Thursday.

The Dow stock winner Thursday was UnitedHealth (UNH) +0.33%.

The Dow stock losers Thursday were led by Caterpillar (CAT) -4.16% and Chevron (CVX) -3.10%.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down three-tenths of a cent at $2.004 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is down -14.77% year-to-date.

Financial Calendar

0945 ET Preliminary Dec Markit U.S. services PMI expected -0.2 to 55.9, Nov +1.3 to 56.1. Dec Markit composite PMI, Nov +0.9 to 55.9.

1100 ET Dec Kansas City Fed manufacturing survey expected +1 to 2, Nov +2 to 1.

1300 ET Richmond Fed President Jeffrey Lacker gives his 2016 U.S. economic forecast to the Charlotte chamber of commerce.

1500 ET USDA Nov Cattle on Feed.

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