DJIA Market Happenings For Thursday, January 7, 2016

There are no Dow stocks at 52 week highsDow stock 52 week lows include American Express (AXP).

The Market

Premarket today, the Dow was indicated to open down -374 points.

Wednesday, the Dow was down -252.15 (-1.47%) at 16,906.51.

Year-to-date the Dow is down -2.98%.

There were 29 Dow stock up Wednesday.

The Dow stock winner Wednesday was Wal-Mart (WMT) +1.00%.

The Dow stock losers Wednesday were led by Chevron (CVX) -3.95%, American Express (AXP) -2.78%, United Technologes (UTX) -2.72% and Goldman Sachs (GS) -2.44%.

China was halted for the second time this week and then stopped after dropping -7%.

WTI Crude is below $33.

Tomorrow we get the Jobs Report

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down three-tenths of a cent at $1.996 per gallon.

Earnings Reports.

JPMorgan (JPM reports earnings on 1/14/2015 before the market open.

Intel (INTC) reports earnings on 1/14/2015 after the market close.

UnitedHealth (UNH) reports earnings on 1/19/2016 before the market open.

IBM (IBM) reports earnings on 1/19/2016 after the market close.

Goldman Sachs (GS) reports earnings on 1/20/2015 before the market open.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is down -1.83% year-to-date.

Financial Calendar

0730 ET Dec challenger job cuts, Nov -13.9% y/y.

0830 ET Weekly initial unemployment claims expected -12,000 to 275,000, previous +20,000 to 287,000. Weekly continuing claims expected +2,000 to 2.200 million, previous +3,000 to 2.198 million.

0830 ET USDA weekly Export Sales.

0845 ET Richmond Fed President Jeffrey Lacker speaks on the 2016 economic outlook at an event hosted by the Great Raleigh Chamber of Commerce.

1100 ET Treasury announce amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $21 billion) and 30-year T-bonds (previous $13 billion) to be auctioned Jan 12-14.

1415 ET Chicago Fed President Charles Evans speaks on the economic outlook and monetary policy at the Wisconsin Economic Forecast Luncheon.

Both comments and pings are currently closed.

Comments are closed.