DJIA Market Happenings For Wednesday, October 2, 2019

Dow stocks at 52 week highs include Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -160 points.

Tuesday the Dow was down -343.79 (-1.28%) at 26,573.04.

Year-to-date the Dow is up +13.91%.

There were 4 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Visa (V) +1.33%, Johnson & Johnson (JNJ) +0.47% and Coca Cola (KO) +0.39%

The Dow stock losers Tuesday were led by 3M (MMM) -3.66%, Dow (DOW) -3.53% and Cisco (CSCO) -3.38%.

Payrolls at companies in the U.S. increased less than forecast in September and the prior month’s gain was revised lower, suggesting a manufacturing recession. Private payrolls increased by 135,000 after a revised 157,000 gain in August, according to data out Wednesday by the ADP Research Institute. That was the smallest advance in three months and slightly less than the 140,000 median projection in a Bloomberg survey of economists after a previously reported 195,000 August increase.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is up seven-tenth of a cent at $2.662 per gallon.

Earnings Reports

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) is up +34.95% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:15 AM ET ADP Employment Report

10:30 AM ET EIA Petroleum Status Report

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