The Dow Market Happenings For Monday, October 8, 2018

Dow stocks at 52 week highs include Pfizer (PFE) and Verizon (VZ). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -136 points.

Friday the Dow was down -180.43 (-0.68%) at 26,447.05.

Year-to-date the Dow is up +6.99%.

There were 6 Dow stocks up Friday.

The Dow stock winners Friday were led by Pfizer (PFE) +.47% and McDonald’s (MCD) +0.46%.

The Dow stock losers Friday were led by Intel (INTC) -2.29% and Apple (AAPL) -1.62%.

Merck (MRK -0.27%) may move higher initially this morning after the FDA approved an expanded use of Merck’s Gardasil 9 vaccine to include men and women aged 27 through 45 years old to prevent certain cancers and diseases caused by the 9 HPV types covered by the vaccine.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is unchanged at $2.914 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reports earnings on 10/11/18 before the market open.

JPMorgan (JPM) reports earnings on 10/12/18 before the market open.

Goldman Sachs (GS) reports earnings on 10/16/18 before the market open.

IBM (IBM) reports earnings on 10/16/18 after the market close.

Johnson & Johnson (JNJ) reports earnings on 10/16/18 before the market open.

UnitedHealth (UNH) reports earnings on 10/16/18 before the market open.

Travelers (TRV) reports earnings on 10/19/18 before the market open.

American Express (AXP) reports earnings on 10/18/18 after the market close.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is up +28.09% year-to-date.

Financial Calendar

14:00 CB Employment Trends Index (Sep), 110.90

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