DJIA Market Happenings For Thursday, December 8, 2016

Dow stocks at 52 week highs include American Express (AXP), Boeing (BA), Goldman Sachs (GS), IBM (IBM) and JPMorgan (JPM).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +2 points.

Wednesday the Dow was up +297.84 (+1.55%) at 19,549.62.

Year-to-date the Dow is up +12.19%.

There were 27 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Nike (NKE) +3.03% and Home Depot (HD) +2.89%.

The Dow stock losers Wednesday were led by Pfizer (PFE) -1.17% and Johnson & Johnson (JNJ) -0.86%.

Expecting snow today her in Gig Harbor. Also having intermittent power for some reason.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up five-tenths of a cent at $2.197 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/20/16 after the market close.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +6.60% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -13,000 to 255,000, previous +17,000 to 268,000. Weekly continuing claims expected -33,000 to 2.048 million, previous +38,000 to 2.081 million.

0830 ET USDA weekly Export Sales.

1100 ET Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $23 billion) and 30-year T-bonds (previous $15 billion) to be auctioned Dec 12-13.

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