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 up +26 points.
Wednesday the Dow was down -494.42 (-1.86%) at 26,078.62.
Year-to-date the Dow is up +11.79%.
There was 1 Dow stock up Wednesday.
The Dow stock winner Wednesday was Johnson & Johnson (JNJ).
The Dow stock losers Wednesday were led by Walgreens (WBA) -3.42%, American Express (AXP) -3.29%, Chevron (CVX) -3.21%, Coca Cola (KO) -2.87% and Intel (INTC) -2.70%.
Unemployment insurance weekly claims in the week ending September 28, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 4,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 213,000 to 215,000. The 4-week moving average was 212,500, unchanged from the previous week’s revised average. The previous week’s average was revised up by 500 from 212,000 to 212,500. The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending September 21, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 21 was 1,651,000, a decrease of 5,000 from the previous week’s revised level. The previous week’s level was revised up 6,000 from 1,650,000 to 1,656,000. The 4-week moving average was 1,661,500, a decrease of 5,750 from the previous week’s revised average. The previous week’s average was revised up by 1,500 from 1,665,750 to 1,667,250.
European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is up two-tenths of a cent at $2.664 per gallon.
Earnings Reports
Goldman Sachs (GS) reports earnings on 10/15/2019 before the open.
Johnson & Johnson (JNJ) reports earnings on 10/15/2019 before the open.
JPMorgan (JPM) reports earnings on 10/15/2019 before the open.
UnitedHealth (UNH) reports earnings on 10/15/2019 before the open.
Today’s Featured Dow Stock
Nike (NKE) is up +23.40% year-to-date.
Financial Calendar
7:30 AM ET Challenger Job-Cut Report
8:30 AM ET Jobless Claims
9:45 AM ET PMI Services Index
10:00 AM ET Factory Orders
10:00 AM ET ISM Non-Mfg Index
10:30 AM ET EIA Natural Gas Report
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply