There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -14 points.
Wednesday the Dow was up +181.97 (+0.70%) at 26,346.01.
Year-to-date the Dow is up +12.94%.
There were 27 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Microsoft (MSFT) +1.89%, Intel (INTC) +1.52% and Visa (V) +1.43%.
The Dow stock losers Tuesday were led by Johnson & Johnson (JNJ) -1.99%, Goldman Sachs (GS) -0.26% and Walgreens (WBA) -0.03%.
An analyst at Canaccord Genuity hiked his price target on Apple (AAPL) to $260 per share from $240, citing strength in iPhone 11 sales.
Unemployment insurance weekly claims in the week ending October 5, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 10,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 219,000 to 220,000. The 4-week moving average was 213,750, an increase of 1,000 from the previous week’s revised average. The previous week’s average was revised up by 250 from 212,500 to 212,750. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 28, an increase of 0.1 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted
insured unemployment during the week ending September 28 was 1,684,000, an increase of 29,000 from the previous week’s revised level. The previous week’s level was revised up 4,000 from 1,651,000 to 1,655,000. The 4-week moving average was 1,665,000, an increase of 2,500 from the previous week’s revised average. The previous week’s average was revised up by 1,000 from 1,661,500 to 1,662,500.
European stocks are mostly higher and Asian markets ended higher.
The national average price of gasoline is down one-tenth of a cent at $2.645 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.
American Express (AXP) reports earnings on 10/18/2019 before the market open.
Coca Cola (KO) reports earnings on 10/18/2019 before the market open.
United Technologies (UTX) reports earnings on 10/22/2019 before the market open.
Procter & Gamble (PG) reports earnings on 10/22/2019 before the market open.
McDonald’s (MCD) reports earnings on 10/22/2019 before the market open.
Travelers (TRV) reports earnings on 10/22/2019 before the market open.
Today’s Featured Dow Stock
UnitedHealth (UNH) is down -10.85% year-to-date.
Financial Calendar
8:30 AM ET CPI
8:30 AM ET Jobless Claims
10:30 AM ET EIA Natural Gas Report
2:00 PM ET Treasury Budget
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply