The Dow Market Happenings For Thursday, December 24, 2015

Dow stocks at 52 week highs include Nike (NKE).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +13 points.

Wednesday, the Dow was up +185.34 (+1.06%) at 17,602.61.

Year-to-date the Dow is down -1.24%.

There were 28 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Cheron (CVX) +3.92% and Exxon Mobil (XOM) +3.27%.

The Dow stock losers Wednesday was Nike (NKE) -2.58% and Disney (DIS) -1.11%.

Hopefully the Santa rally continues today.

European stocks are mostly higher and Asian markets ended mostly lower.

The national average price of gasoline is down three-tenths of a cent at $2.006 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 12/22/15 after the market close of $0.90 per share, beating consensus of $0.85 per share. Nike shares also split 2:1 Wednesday 12/23/15.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) is up +26.79% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -1,000 to 270,000, previous -11,000 to 271,000. Weekly continuing claims expected -38,000 to 2.200 million, previous -7,000 to 2.238 million.

0830 ET USDA weekly Export Sales.

1100 ET Treasury announces amount of 2-year T-notes (previous $26 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Dec 28-30.

1300 ET NYSE closes early.

1315 ET Early closes for CME equity and interest rate futures markets.

1345 ET Early closes for CME energy, metals and DME products.

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