Dow stocks at 52 week highs include Home Depot (HD) and Merck (MRK). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open +57 points.
Wednesday the Dow was up +240.29 (+0.93%) at 26,202.73.
Year-to-date the Dow is up +12.33%.
There were 29 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Nike (NKE) +2.74%, Boeing (BA) +2.48%, Cisco (CSCO) +1.75%, Home Depot (HD) +1.52% and Chevron (CVX) +1.51%.
The Dow stock loser Wednesday was Walmart (WMT) -0.03%.
Unemployment insurance weekly claims in the week ending August 17, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 12,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 220,000 to 221,000. The 4-week moving average was 214,500, an increase of 500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 213,750 to 214,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 10, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 10 was 1,674,000, a decrease of 54,000 from the previous week’s revised level. The previous week’s level was revised up 2,000 from 1,726,000 to 1,728,000. The 4-week moving average was 1,697,000, a decrease of 750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 1,697,250 to 1,697,750.
European stocks are mostly lower and Asian markets ended mostly higher.
The national average price of gasoline is down two-tenths of a cent at $2.601 per gallon.
Earnings Reports
There are no Dow stocks set to report earnings in the near term.
Today’s Featured Dow Stock
Nike (NKE) is up +11.60% year-to-date.
Financial Calendar
8:30 AM ET Jobless Claims
9:45 AM ET PMI Composite FLASH
10:00 AM ET Leading Indicators
10:30 AM ET EIA Natural Gas Report
11:00 AM ET Kansas City Fed Manufacturing Index
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply