DJIA Market Happenings For Wednesday, June 21, 2017

Dow stocks at 52 week highs include American Express (AXP), Boeing (BA), Caterpillar (CAT), Johnson & Johnson (JNJ), McDonald’s (MCD) and 3M (MMM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +6 points.

Tuesday the Dow was down -61.85 (-0.29%) at 21,467.14.

Year-to-date the Dow is up +8.63%.

There were 10 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Merck (MRK) +1.33% and Pfizer (PFE) +1.02%.

The Dow stock losers Tuesday were led by General Electric (GE) -2.33% and Intel (INTC) -1.83%

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down three-tenths of a cent at $2.282 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 6/29/17 after the market close.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is up +6.60% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +2.8% with purchase sub-index -2.8% and refi sub-index +9.2%.

1000 ET May existing home sales expected -0.4% to 5.55 million, Apr -2.3% to 5.57 million.

1030 ET EIA Weekly Petroleum Status Report.

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