The Dow Market Happenings For Monday, December 19, 2016

Dow stocks at 52 week highs include UnitedHealth (UNH).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +7 points.

Friday the Dow was down -8.83 (-0.04%) at 19,843.41.

Year-to-date the Dow is up +13.88%.

There were 15 Dow stocks up Friday.

The Dow stock winners Friday were led by UnitedHealth (UNH) +2.07% and General Electric (GE) +1.57%.

The Dow stock losers Friday were led by Caterpillar (CAT) -2.06% and Goldman Sachs (GS) -1.69%.

Apple (AAPL) launched a legal challenge to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up two-tenths of a cent at $2.242 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is up +16.97% year-to-date.

Financial Calendar

0945 ET Dec Markit services PMI expected +0.6 to 55.2, Nov -0.1 to 54.7.

1100 ET USDA weekly grain export inspections.

1330 ET Fed Chair Janet Yellen delivers keynote address on the state of the job market at the University of Baltimores Midyear Commencement.

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