DJIA Market Happenings For Friday, September 22, 2017

Dow stocks at 52 week highs include Boeing (BA) and JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -11 points.

Thursday the Dow was down -53.36 (-0.24%) at 22,359.23.

Year-to-date the Dow is up +13.14%.

There were 10 Dow stocks up Thursday.

The Dow stock winners Thursday were led by General Electric (GE) +1.77% and Goldman Sachs (GS) +0.65%.

The Dow stock losers Thursday were led by Procter & Gamble (PG) -1.86% and Apple (AAPL) -1.72%.

McDonald’s (MCD -0.53%) boosted its quarterly dividend to $1.01 a share from 94 cents, better than consensus of 99 cents.

Wal-Mart (WMT) is testing a program that will deliver items, not just to your doorstep, but into your house. The retail giant has partnered with August Home, a provider of smart locks and smart home accessories, for the test. Customers place their order online, and a third-party driver from Deliv will bring the items to a shopper’s home, using a one-time passcode that’s been preauthorized by the shopper to allow entry. The driver will then leave boxes by the door and put grocery items in the kitchen, even the refrigerator, before leaving. Customers can watch the process on the August Home app, and will receive confirmation that the door has been locked behind them. The test is being conducted in Silicon Valley using a few August Home customers, according to a blog post from Sloan Eddleston, vice president of Walmart e-Commerce Strategy and Business Operations, posted on the company website.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is down nine-tenths of a cent at $2.589 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is up +24.81% year-to-date.

Financial Calendar

0600 ET San Francisco Fed President John Williams (non-voter) speaks to media prior to taking part in a closed academic conference at the Swiss National Bank in Zurich.

0930 ET Kansas City Fed President Esther George delivers opening keynote speech at a conference on global oil supply and demand hosted jointly by the Kansas City and Dallas Fed titled Global Oil Supply & Demand; Prospects for Greater Balance.

0945 ET Preliminary-Sep Markit U.S. manufacturing PMI expected +0.2 to 53.0, Aug -0.5 to 52.8. Sep Markit U.S. services PMI expected -0.2 to 55.8, Aug +1.3 to 56.0.

1330 ET Dallas Fed President Robert Kaplan speaks in a moderated Q&A at a conference on global oil supply and demand hosted jointly by the Kansas City and Dallas Fed.

1500 ET USDA Aug Cold Storage.

1500 ET USDA Aug Cattle on Feed.

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