DJIA Market Happenings For Friday, December 2, 2016

Dow stocks at 52 week highs include Caterpillar (CAT), Chevron (CVX), Goldman Sachs (GS), JPMorgan (JPM), and UnitedHealth (UNH).Dow stock 52 week lows include Coca Cola (KO).

The Market

Premarket today, the Dow was indicated to open down -17 points.

Thursday the Dow was up +68.35 (+0.36%) at 19,191.93.

Year-to-date the Dow is up +10.14%.

There were 15 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Goldman Sachs (GS) +3.35% and General Electric (GE) +2.05%.

The Dow stock losers Thursday were led by Intel (INTC) -2.71% and Visa (V) -2.44%.

The U.S. economy added 178,000 jobs last month with the unemployment rate falling to 4.6 percent. Economists had expected a gain of 175,000 with the unemployment rate holding steady at 4.9 percent. Wages, however, slumped to 2.5 percent.

European stocks are lower and Asian markets lower.

The national average price of gasoline is up seven-tenths of a cent at $2.162 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Wal-Mart (WMT)

Wal-Mart (WMT) is up +15.29% year-to-date.

Financial Calendar

0830 ET Nov non-farm payrolls expected +180,000, Oct +161,000. Nov private payrolls expected +170,000, Oct +142,000. Nov manufacturing payrolls expected -3,000, Oct -9,000. Nov unemployment rate expected unch at 4.9%, Oct -0.1 to 4.9%.

0830 ET Nov avg hourly earnings expected +0.2% m/m and +2.8% y/y, Oct +0.4% m/m and +2.8% y/y. Nov avg weekly hours all-employees expected unch at 34.4 hours, Oct unch at 34.4 hours.

0845 ET Fed Governor Lael Brainard delivers opening remarks at an event in Washington, D.C.

0945 ET Nov New York ISM, Oct -0.4 to 49.2.

1300 ET Fed Governor Daniel Tarullo speaks at the Financial Stability Conference on Innovation, Market Structure and Financial Stability.

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