DJIA Market Happenings For Monday, September 12, 2016

Dow stocks at 52 week highs include Intel (INTC).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -44 points.

Friday the Dow was down -394.46 (-2.13%) at 18,085.45.

Year-to-date the Dow is up +3.79%. Remember, Thursday the Dow was sitting on a +6.05% yearly gain.

All 30 Dow stocks were down Friday.

There were no Dow stock winners Friday.

The Dow stock losers Friday were led by Verizon (VZ) -3.32%, Caterpillar (CAT -3.29%, Boeing (BA) -3.29%, Coca Cola (KO) -3.12% and General Electric (GE) -3.00%. And remember, as goes General Electric (GE) so goes the market. So get out there and sell (as I need lower prices to buy into).

Wall Street looks set for another day of losses on fears the Federal Reserve will soon raise interest rates continued to spook investors out of assets considered risky, such as equities.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.179 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is down -12.05% year-to-date.

Financial Calendar

0805 ET Atlanta Fed President Dennis Lockhart (non-voter) speaks about monetary policy and the economy to the National Association for Business Economics.

1100 ET USDA weekly grain export inspections.

1130 ET Treasury auctions $24 billion of 3-year T-notes.

1200 ET USDA Sep WASDE crop production.

1300 ET Minneapolis Fed President Neel Kashkari (non-voter) speaks about too-big-to-fail and the U.S. economy at an event in St. Paul, MN.

1300 ET Treasury auctions $23 billion of 10-year T-notes.

1315 ET Fed Governor Lael Brainard discusses the outlook for the U.S. economy and monetary policy at the Chicago Council on Global Affairs.

1600 ET USDA Weekly Crop Progress.

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2781