The Dow Market Happenings For Friday, April 7, 2017

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 down -31 points.

Thursday the Dow was up +14.80 (+0.07%) at 20,662.95.

Year-to-date the Dow is up +4.56%.

There were 16 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Caterpillar (CAT) +1.68% and Chevron (CVX) +0.60%.

The Dow stock losers Thursday were led by Procter & Gamble (PG) -0.63% and Intel (INTC) -0.52%.

Wal-Mart (WMT -0.81%) was upgraded to ‘Outperform’ from ‘Market Perform’ at Telsy Advisory with a price target of $82.

US employers added 98,000 nonfarm payrolls in March, far fewer than forecast. Economists had expected the US economy to add 180,000 jobs. The unemployment rate fell to a post-crisis low of 4.5%, and the number of people who were working part-time but preferred full-time jobs fell by 151,000 to 5.5 million.

European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is up 1.2 cents at $2.381 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reports earnings on 4/13/2017 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/18/2017 before the market open.

Goldman Sachs (GS) reports earnings on 4/18/2017 before the market open.

UnitedHealth (UNH) reports earnings on 4/18/2017 before the market open.

IBM (IBM) reports earnings on 4/18/2017 after the market close.

American Express (AXP) reports earnings on 4/19/2017 after the market close.

Travelers (TRV) reports earnings on 4/20/2017 before the market open.

Verizon (VZ) reports earnings on 4/20/2017 before the market open.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) is up +24.04% year-to-date.

Financial Calendar

n/a President Trump and Chinese President Xi Jinping hold talks on Thu-Fri at Mar-a-Lago, Florida.

0700 ET Mar Challenger job cuts, Feb -40.0% y/y.

0830 ET Weekly initial unemployment claims expected -8,000 to 250,000, previous -3,000 to 258,000. Weekly continuing claims expected -22,000 to 2.030 million, previous +65,000 to 2.052 million.

0830 ET USDA weekly Export Sales.

0930 ET San Francisco Fed President John Williams (non-voter) speaks on a ECB panel in Frankfurt on Do monetary policy frameworks need to be adjusted in a world of (potentially) low natural interest rates? If so, how?

1100 ET Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $20 billion) and 30-year T-bonds (previous $12 billion) to be auctioned Apr 10-12.

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2841