The Dow Market Happenings For Tuesday, June 7, 2016

Dow stocks at 52 week highs include Johnson & Johnson (JNJ) and UnitedHealth (UNH).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +41 points.

Monday the Dow was up +113.27 (+0.64%) at 17,920.33.

Year-to-date the Dow is up +2.84%.

There were 24 Dow stocks up Monday.

The Dow stock winners Monday were led by Boeing (BA) +3.55% and Caterpillar (CAT) +1.84%.

The Dow stock losers Monday were led by Home Depot (HD) -1.94% and Verizon (VZ) -0.41%.

Verizon (VZ) will bid about $3 billion for the Internet assets of Yahoo (YHOO).

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down two-tenths of a cent at $2.357 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) is up +7.16% year-to-date.

Financial Calendar

0830 ET Final-Q1 non-farm productivity expected -0.6%, prelim-Q1 -1.0%. Final-Q1 unit labor costs expected +4.0%, prelim-Q1 +4.1%.

1300 ET Treasury auctions $24 billion of 3-year T-notes.

1500 ET Apr consumer credit expected +$18.0 billion, Mar +$29.674 billion.

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