There are no Dow stocks at 52 week highs. Dow stock 52 week lows include American Express (AXP), Boeing (BA), Pfizer (PFE), Travelers (TRV) and United Technologies (UTX).
Premarket today, the Dow was indicated to open down -1233 points.
Wednesday the Dow was down -1,464.94 (-5.86%) at 23,553.22.
Year-to-date the Dow is down -17.47%.
There were zero Dow stocks up Wednesday.
The Dow stock winners Wednesday were just not to be found.
The Dow stock losers Wednesday were led by Boeing (BA) -18.15%, Dow (DOW) -10.86%, United Technologies (UTX) -9.94%, American Express (AXP) -7.67%, Cisco (CSCO) -7.56% and Procter & Gamble (PG) -7.43%. UnitedHealth lost the least today, down -0.79%.
Trump took to the airwaves on Wednesday in an attempt to assure the American public that the coronavirus pandemic was under control. Instead, he announced a shock ban on travel from Europe while failing to deliver the comprehensive economic and medical response to the outbreak that investors are wanting. We will probably get halted again this morning.
Unemployment insurance weekly claims in the week ending March 7, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 4,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 216,000 to 215,000. The 4-week moving average was 214,000, an increase of 1,250 from the previous week’s revised average. The previous week’s average was revised down by 250 from 213,000 to 212,750. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending February 29, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 29 was 1,722,000, a decrease of 11,000 from the previous week’s revised level. The previous week’s level was revised up 4,000 from 1,729,000 to 1,733,000. The 4-week moving average was 1,727,500, an increase of 5,250 from the previous week’s revised average. The previous week’s average was revised up by 1,000 from 1,721,250 to 1,722,250.
European stocks are lower and Asian markets ended lower.
The national average price of gasoline is down 2 cents at $2.325 per gallon.
Nike (NKE) reports earnings on 3/24/2020 after the market close.
Today’s Featured Dow Stock
Dow (DOW) is down -11.75% year-to-date.
8:30 AM ET Jobless Claims
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