Dow stocks at 52 week highs include Disney (DIS) and United Technologies (UTX). There are no Dow stock 52 week lows.
Premarket today, the Dow was indicated to open up +9 points.
Thursday the Dow was down -42.87 (-0.21%) at 19,899.29.
Year-to-date the Dow is up +0.69%.
There were 13 Dow stocks up Thursday.
The Dow stock winners Thursday were led by Visa (V) +1.17% and Johnson & Johnson (JNJ) +1.05%.
The Dow stock losers Thursday were led by Travelers (TRV) -1.60% and Exxon Mobil (XOM) -1.49%.
McDonald’s (MCD +0.18%) was downgraded to ‘Neutral’ from ‘Buy’ at UBS with a 12-month target price of $130.
Travelers (TRV -1.60%) was downgraded to ‘Underweight’ from ‘Neutral’ at Atlantic Equities LLP with a 12-month target price of $110.
US companies added 156,000 nonfarm payrolls in December, which was a bit lighter than the 175,000 expected. On the plus side, Novemberâ€™s payrolls number was revised up by 19,000 to 204,000. December marked the 75th straight month of job growth in the US. The unemployment rate ticked up to 4.7% from 4.6% in November. This came as the labor force participation rate climbed to 62.7% from 62.6% a month ago. Average hourly earnings grew 0.4% month-over-month, which was better than the 0.3% expected. It was also a significant improvement from the 0.1% decline in November. Year-over-year, average hourly earnings climbed by 2.9%, which is the fastest pace of growth since June 2009.
European stocks are mostly higher and Asian markets ended mostly lower.
The national average price of gasoline is up six-tenths of a cent at $2.365 per gallon.
Nike (NKE) reported earnings on 12/20/16 after the market close of $0.50, beating estimates calling for $0.431 per share.
JPMorgan (JPM) reports earnings on 1/13/2016 before the market open.
UnitedHealth (UNH) reports earnings on 1/17/2017 before the market open.
Goldman Sachs (GS) reports earnings on 1/18/2017 before the market open.
American Express (AXP) reports earnings on 1/19/2017 after the market close.
IBM (IBM) reports earnings on 1/19/2017 after the market close.
Today’s Featured Dow Stock
Apple (AAPL) is up +0.68% year-to-date.
0830 ET Dec non-farm payrolls expected +178,000, Nov +178,000. Dec private payrolls expected +170,000, Nov +156,000. Dec manufacturing payrolls expected unch, Nov -4,000. Dec unemployment rate expected +0.1 to 4.7%, Nov -0.3 to 4.6%.
0830 ET Dec avg hourly earnings expected +0.3% m/m and +2.8% y/y, Nov -0.1% m/m and +2.5% y/y. Dec avg weekly hours all-employees expected unch at 34.4 hours, Nov unch at 34.4 hours.
0830 ET Nov trade balance expected -$44.7 billion, Oct -$42.6 billion.
0830 ET USDA weekly Export Sales.
1000 ET Nov factory orders expected -2.3%, Dec +2.7% and +0.8% ex transportation.
1115 ET Chicago Fed President Charles Evans (voter) participates in a NABE and AEA panel discussion titled Responders of First or Last Resort: Central Bank Strategies in an Era of Ultra-Low Interest Rates.
1300 ET Richmond Fed President Jeffrey Lacker (non-voter) speaks at the Maryland Bankers Associations Economic Outlook Forum.
1530 ET Dallas Fed President Robert Kaplan (voter) takes part in a panel discussion on the U.S. and global economic outlook at the annual AEA conference in Chicago.