Dow stocks at 52 week highs include UnitedHealth (UNH). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +93 points.
Wednesday the Dow was down -119.53 (-0.47%) at 25,201.20.
Year-to-date the Dow is up +1.95%.
There were 7 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Disney (DIS) +1.90% and Goldman Sachs (GS) +0.52%.
The Dow stock losers Wednesday were led by Verizon (VZ) -2.89% and Boeing (BA) -1.83%.
Unemployment insurance weekly claims in the week ending June 9, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 4,000 from the previous week’s unrevised level of 222,000. The 4-week moving average was 224,250, a decrease of 1,250 from the previous week’s unrevised average of 225,500. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 2, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 2 was 1,697,000, a decrease of 49,000 from the previous week’s revised level. This is the lowest level for insured unemployment since December 1, 1973 when it was 1,692,000. The previous week’s level was revised up 5,000 from 1,741,000 to 1,746,000. The 4-week moving average was 1,726,250, a decrease of 3,750 from the previous week’s revised average. This is the lowest level for this average since December 8, 1973 when it was 1,715,500. The previous week’s average was revised up by 1,250 from 1,728,750 to 1,730,000.
European stocks are higher and Asian markets ended lower.
The national average price of gasoline is down four-tenths of a cent at $2.905 per gallon.
Earnings Reports.
There are no Dow stocks set to report earnings in the near term.
Today’s Featured Dow Stock
Boeing (BA) is up +23.38% year-to-date.
Financial Calendar
12:30 Continuing Jobless Claims, 1,737K, 1,741K
12:30 Core Retail Sales (MoM) (May), 0.5%, 0.3%
12:30 Export Price Index (YoY), 4.4%, 3.8%
12:30 Export Price Index (MoM) (May), 0.3%, 0.6%
12:30 Import Price Index (YoY), 3.0%, 3.3%
12:30 Import Price Index (MoM) (May), 0.5%, 0.3%
12:30 Import Price Index ex Petroleum (MoM), 0.1%
12:30 Initial Jobless Claims, 223K, 222K
12:30 Jobless Claims 4-Week Avg., 225.50K
12:30 Retail Control (MoM) (May), 0.4%, 0.5%
12:30 Retail Sales (MoM) (May), 0.4%, 0.2%
12:30 Retail Sales Ex Gas/Autos (MoM) (May), 0.5%, 0.3%
13:45 Bloomberg Consumer Confidence, 54.8
14:00 Business Inventories (MoM) (Apr), 0.3%, 0.0%
14:30 Natural Gas Storage, 90B, 92B