The Dow Market Happenings For Friday, July 1, 2016

Dow stocks at 52 week highs include Procter & Gamble (PG), Travelers (TRV), 3M (MMM), UnitedHealth (UNH), Chevron (CVX), Verizon (VZ), Exxon Mobil (XOM) and Johnson & Johnson (JNJ).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -4 points.

Thursday the Dow was up +235.31 (+1.33%) at 17,929.99.

Year-to-date the Dow is up +2.90%.

There were 29 Dow stocks up Thursday.

The Dow stock winners Thursday were led by General Electric (GE) +3.04%, Intel (INTC) +2.72% and Boeing (BA) +2.27%.

The Dow stock loser Thursday was Visa (V) -3.35%.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down five-tenths of a cent at $2.283 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/28/16 after the market close of $0.49, beating estimates calling for $0.477 per share.

JPMorgan (JPM) reports earnings on 7/14/2016 before the market open.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) is down -7.77%.

Financial Calendar

0945 ET Final-Jun Markit manufacturing PMI expected -0.1 to 51.3, prelim-Jun +0.7 to 51.4.

1000 ET Jun ISM manufacturing index expected unch at 51.3, May +0.5 to 51.3. Jun ISM new orders, May -0.1 to 55.7. Jun ISM employment, May unch at 49.2. Jun ISM prices paid expected unch at 63.5, May +4.5 to 63.5.

1000 ET May construction spending expected +0.6%, Apr -1.8% m/m.

n/a Jun total vehicle sales expected 17.29 million, May 17.37 million. Jun domestic vehicle sales expected 13.40 million, May 13.33 million.

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