DJIA Market Happenings For Wednesday, October 12, 2016

There are no Dow stocks at 52 week highs.There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -39 points.

Tuesday the Dow was down -200.38 (-1.09%) at 18,128.66.

Year-to-date the Dow is up +4.04%.

There were 3 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Apple (AAPL) +0.22% and General Electric (GE) +0.21%.

The Dow stock losers Tuesday were led by Merck (MRK) -3.08% and UnitedHealth (UNH) -2.41%.

The dollar hit an eight-month high on increasing bets U.S. interest rates will rise in December.

Alcoa (AA) shares tumbled 11.4 percent and Illumina (ILMN) plummeted 24.8 percent.

Yesterday the CBOE Market Volatility index .VIX, jumped almost 24 percent at one point and ended the day up 15 percent.

Today we get the release of minutes from the Fed’s policy-setting meeting in September to look for signs of a December interest rate hike.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down one-tenth of a cent at $2.254 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/27/2016 after the market close of $0.73, beating consensus of $0.556 per share.

JPMorgan (JPM) reports earnings on 10/17/2016 before the market open.

IBM (IBM) reports earnings on 10/14/2016 after the market close.

Goldman Sachs (GS) reports earnings on 10/18/2016 before the market open.

Johnson & Johnson (JNJ) reports earnings on 10/18/2016 before the market open.

Intel (INTC) reports earnings on 10/18/2016 before the market open.

UnitedHealth (UNH) reports earnings on 10/18/2016 before the market open.

American Express (AXP) reports earnings on 10/19/2016 after the market close.

Microsoft (MSFT) reports earnings on 10/20/2016 after the market close.

Verizon (VZ) reports earnings on 10/20/2016 before the market open.

Travelers (TRV) reports earnings on 10/20/2016 before the market open.

General Electric (GE) reports earnings on 10/21/2016 before the market open.

McDonald’s (MCD) reports earnings on 10/21/2016 before the market open.

Visa (V) reports earnings on 10/24/2016 before the market open.

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +5.79% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +2.9% with purchase sub-index -0.1% and refi sub-index +4.7%.

0800 ET New York Fed President William Dudley (voter) speaks to the Business Council of New York State.

0940 ET Kansas City Fed President Esther George (voter) speaks at the Chicago Feds Annual Payments Symposium.

1000 ET Aug JOLTS job openings expected -96,000 to 5.775 million, Jul +228,000 to 5.871 million.

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

1200 ET USDA Oct WASDE crop production.

1300 ET Treasury auctions $20 billion 10-year T-notes.

1400 ET Minutes of the Sep 20-21 FOMC meeting.

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