The Dow Market Happenings For Wednesday, December 7, 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 up +2 points.

Tuesday the Dow was up +35.54 (+0.18%) at 19,251.78.

Year-to-date the Dow is up +10.48%.

There were 18 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Goldman Sachs (GS) +1.24% and Verizon (VZ) +1.23%..

The Dow stock losers Tuesday were led by Nike (NKE) -2.47% and Home Depot (HD) -0.72%.

Trump’s tweet about Air Force One — “Cancel order!”. Boeing (BA), the largest U.S. exporter, is currently working under a $170 million contract “to help determine the capabilities of this complex military aircraft”. Boeing executives told officials on Trump’s transition team that the cost of a new version of Air Force One could be lowered if the government agrees to reduce its technical requirements. Today, Trump said he spoke to Boeing and would work to reduce the program’s costs. What will Trump tweet next?

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is up two-tenths of a cent at $2.192 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) is up +4.46% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -9.4% with purchase sub-index -0.2% and refi sub-index -16.2%.

1000 ET Oct JOLTS job openings expected +14,000 to 5.500 million, Sep +33,000 to 5.486 million.

1030 ET EIA Weekly Petroleum Status Report.

1500 ET Oct consumer credit expected +$18.3 billion, Sep +$19.292 billion.

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