DJIA Market Happenings For Wednesday, September 6, 2017

Dow stocks at 52 week highs include Caterpillar (CAT) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -70 points.

Tuesday the Dow was down -234.25 (-1.07%) at 21,753.31.

Year-to-date the Dow is up +10.07%.

There were 8 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Wal-Mart (WMT) +1.87% and Home Depot (HD) +1.43%.

The Dow stock losers Tuesday were led by United Technologies (UTX) -5.69% and Travelers (TRV) -3.73%.

Exxon Mobil (XOM +0.80%) was upgraded to ‘Neutral’ from ‘Sell’ at UBS.

The Commerce Department reported that the trade gap rose 0.3 percent to $43.7 billion. June’s trade deficit was revised down slightly to $43.5 billion from the previously reported $43.6 billion. Economists had forecast the trade shortfall widening to $44.6 billion in July. When adjusted for inflation, the trade deficit increased to $61.6 billion from $60.8 billion in June. The so-called real goods deficit in July was below the second-quarter average of $62.4 billion.

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

The national average price of gasoline is up 1.3 cents at $2.661 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is down -13.20% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -2.3% with purchase sub-index -2,7% and refi sub-index -2.0%.

0830 ET Jul trade balance expected -$44.6 billion, Jun -$43.6 billion.

0945 ET Revised Aug Markit services PMI expected unrevised at 56.9, prelim-Aug +2.2 to 56.9.

1000 ET Aug ISM non-manufacturing PMI expected +1.5 to 55.4, Jul -3.5 to 53.9.

1400 ET Fed Beige Book.

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