DJIA Market Happenings For Wednesday, September 20, 2017

Dow stocks at 52 week highs include American Express (AXP), Boeing (BA), Caterpillar (CAT), 3M (MMM) and Procter & Gamble (PG). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -3 points.

Tuesday the Dow was up +39.45 (+0.18%) at 22,370.80.

Year-to-date the Dow is up +13.20%.

There were 16 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Verizon (VZ) +2.60% and American Express (AXP) +1.29%.

The Dow stock losers Tuesday were led by UnitedHealth (UNH) -1.79% and General Electric (GE) -1.06%.

The Fed meeting ends today. News at 11:00 PDT.

Hurricane Maria slams Puerto Rico and the Virgin Islands as a catastrophic Category 4 storm.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down eight-tenths of a cent at $2.607 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 9/26/17 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is down -2.06% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +9.9% with purchase sub-index +10.9% and refi sub-index +8.9%.

1000 ET Aug existing home sales expected +0.4% to 5.46 million, Jul -1.3% to 5.44 million.

1030 ET EIA weekly Petroleum Status Report.

1400 ET FOMC announces policy decision; no change expected to 1.00%-1.25% fed funds target range but Fed may announce the start date of its balance sheet reduction program.

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