The Dow Market Happenings For Wednesday, January 8, 2020

Dow stocks at 52 week highs include Apple (AAPL), Goldman Sachs (GS) and Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -25 points.

Tuesday the Dow was down -119.70 (-0.42%) at 28,583.68.

Year-to-date the Dow is up +0.16%.

There were 6 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Boeing (BA) +1.06%, Goldman Sachs (GS) +0.66% and Johnson & Johnson (JNJ) +0.61%.

The Dow stock losers Tuesday were led by Merck (MRK) -2.66%, JPMorgan (JPM) -1.70% and Intel (INTC) -1.67%.

ADP said private payrolls added 202,000 workers in December.

Boeing (BA) sold off 2% after one of its airplanes crashed in Iran Wednesday morning.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up 1.1 cents at $2.596 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 1/8/2020 before the market open of $1.37, missing estimates calling for $1.416 per share.

JPMorgan (JPM) reports earnings on 1/14/2020 before the market open.

Goldman Sachs (GS) reports earnings on 1/15/2020 before the market open.

UnitedHealth (UNH) reports earnings on 1/15/2020 before the market open.

IBM (IBM) reports earnings on 1/21/2020 after the market close.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) is down -2.93% 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

3:00 PM ET Consumer Credit

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