The Dow Market Happenings For Friday, June 30, 2017

Dow stocks at 52 week highs include American Express (AXP). Dow stock 52 week lows include General Electric (GE) and Verizon (VZ).

The Market

Premarket today, the Dow was indicated to open up +35 points.

Thursday the Dow was down -167.58 (-0.78%) at 21,287.03.

Year-to-date the Dow is up +7.71%.

There were 2 Dow stocks up Thursday.

The Dow stock winners Thursday were led by JPMorgan (JPM) +1.48% and Goldman Sachs (GS) +0.53%.

The Dow stock losers Thursday were led by Cisco (CSCO) -2.09% and Intel (INTC) -1.93%.

Nike (NKE -0.36%) rallied almost 4% in after-hours trading after it reported Q4 EPS of 60 cents, above consensus of 50 cents.

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

The national average price of gasoline is down three-tenths of a cent at $2.239 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/29/17 after the market close of $0.60, beating estimates calling for $0.512 per share.

Today’s Featured Dow Stock

3M (MMM)

3M (MMM) is up +16.40% year-to-date.

Financial Calendar

0830 ET May personal spending expected +0.1%, Apr +0.4%. May personal income expected +0.3%, Apr +0.4%.

0830 ET May PCE deflator expected -0.1% m/m and +1.5% y/y, Apr +0.2% m/m and +1.7% y/y. May core PCE deflator expected +0.1% m/m and +1.4% y/y, Apr +0.2% m/m and +1.5% y/y.

0945 ET Jun Chicago PMI expected -1.4 to 58.0, May +1.1 to 59.4.

1000 ET Final-Jun University of Michigan U.S. consumer sentiment index expected unch at 94.5, prelim-Jun -2.6 to 94.5.

1200 ET USDA Q2 quarterly stocks and 2017 planted acreage estimates.

Both comments and pings are currently closed.

Comments are closed.