The Dow Market Happenings For Wednesday, June 28, 2017

Dow stocks at 52 week highs include American Express (AXP). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +30 points.

Tuesday the Dow was down -98.89 (-0.46%) at 21,310.66.

Year-to-date the Dow is up +7.83%.

There were 4 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by JPMorgan (JPM) +0.93% and Wal-Mart (WMT) +0.68%.

The Dow stock losers Tuesday were led by Verizon (VZ) -1.93% and Microsoft (MSFT) -1.87%.

Goldman Sachs (GS +1.50%) may open to the downside this morning after Citigroup cut its Q2 earnings estimate for Goldman by -64 cents to $3.20 a share, citing lower trading revenues.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down seven-tenths of a cent at $2.247 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +21.64% year-to-date.

Financial Calendar

0330 ET San Francisco Fed President John Williams (non-voter) speaks at the Macquarie University for the Economic Association of Australia event on The Global Growth Slump: Causes and Consequences.

0900 ET Apr S&P CoreLogic composite-20 home prices expected +0.5% m/m and +5.9% y/y, Mar +0.87% m/m and +5.89% y/y.

1000 ET Jun Conference Board U.S. consumer confidence index expected -1.9 to 116.0, May -1.5 to 117.9.

1000 ET Jun Richmond Fed manufacturing index expected +7 to 6, May -19 to 1.

1100 ET Philadelphia Fed President Patrick Harker (voter) speaks on the economic outlook and international trade at a conference in London.

1300 ET Fed Chair Janet Yellen speaks on global economic issues in London to the President of the British Academy (audience Q&A to follow).

1300 ET Treasury auctions $34 billion of 5-year T-notes.

1730 ET Minneapolis Fed President Neel Kashkari (voter) speaks at a town hall event in Houghton, Michigan.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.