DJIA Market Happenings For Wednesday, December 4, 2019

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 up +108 points.

Tuesday the Dow was down -280.23 (-1.01%) at 27,783.04.

Year-to-date the Dow is up +17.90%.

There were 5 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Merck (MRK) +0.39%, Verizon (VZ) +0.30% and Procter & Gamble (PG) +0.19%.

The Dow stock losers Tuesday were led by Intel (INTC) -2.76%, Dow (DOW) -2.52% and Goldman Sachs (GS) -2.48%.

ADP’s November private sector data showed job growth at U.S. companies slowing to 67,000 new positions, way below estimates for 150,000. November’s tally also was a sharp decline from the 121,000 in October, which was revised down from an initially reported 125,000.

Democrats publicly released a new report accusing Trump of soliciting Ukraine to interfere in the 2020 election for his benefit and obstructing the impeachment inquiry in the House of Representatives. The report, written by the Democratic members of the House Intelligence, Oversight and Foreign Affairs committees, came on the eve of the next phase of the impeachment probe, where the House Judiciary Committee is expected to draft formal articles of impeachment against the president.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up six-tenths of a cent at $2.596 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +9.17% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:15 AM ET ADP Employment Report

9:45 AM ET PMI Services Index

10:00 AM ET ISM Non-Mfg Index

10:30 AM ET EIA Petroleum Status Report

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