DJIA Market Happenings For Friday, October 4, 2019

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include 3M (MMM).

The Market

Premarket today, the Dow was indicated to open up +52 points.

Thursday the Dow was up +122.42 (+0.47%) at 26,201.04.

Year-to-date the Dow is up +12.32%.

There were 22 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Pfizer (PFE) +2.16%, McDonald’s (MCD) +1.82% and Visa (V) +1.79%.

The Dow stock losers Thursday were led by Disney (DIS) -0.77%, UnitedHealth (UNH) -0.64% and Johnson & Johnson (JNJ) -0.61%.

The Jobs report showed hiring slowed in September as employers added 136,000 jobs, fueling recession concerns and possibly raising the odds of another Federal Reserve rate cut this month. The unemployment rate fell from 3.7% to 3.5%, a new 50-year low. Economists expected 145,000 job gains. Job gains for July and August were revised up by a total 45,000. July’s additions were upgraded from 159,000 to 166,000 and August’s from 130,000 to 168,000. Average hourly earnings edged down 1 cent to $28.09, pushing down the annual gain from 3.2% to 2.9%.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down one-tenth of a cent at $2.663 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.

IBM (IBM) reports earnings on 10/16/2019 after the market close.

Today’s Featured Dow Stock

Pfizer (PFE)

Pfizer (PFE) is down -18.79% year-to-date.

Financial Calendar

8:30 AM ET Jobs Report

8:30 AM ET International Trade

1:00 PM ET Baker-Hughes Rig Count

2:00 PM ET Jerome Powell Speaks

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