The Dow Market Happenings For Monday, April 6, 2020

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 +756 points.

Friday the Dow was down -360.91 (-1.69%) at 21,052.53.

Year-to-date the Dow is down -26.23%.

There were 6 Dow stocks up Friday.

The Dow stock winners Friday were led by Pfizer (PFE) +2.34%, Boeing (BA) +1.01% and Walgreens (WBA) +0.99%.

The Dow stock losers Friday were led by UnitedHealth (UNH) -4.55%, American Express (AXP) -3.99% and Visa (V) -3.52%.

Oil prices dropped during overnight trading on Sunday after OPEC+ announced it was delaying its meeting initially scheduled for Monday, stoking fears on the Street that a production cut might face hurdles. U.S. West Texas Intermediate crude fell 9.2% to trade at $25.72 per barrel, while international benchmark Brent crude dipped 8.7% to $31.15 per barrel.

Boeing (BA) is extending the production suspension at its Seattle area factories indefinite. More than 100 Boeing employees out of its some 160,000 workers have tested positive for COVID-19.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down seven-tenths of a cent at $1.929 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/24/2020 after the market close of $0.53, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 4/2/2020 before the market open of $1.52, beating estimates calling for $1.479 per share.

Johnson & Johnson (JNJ) reports earnings on 4/14/20 before the market open.

JPMorgan (JPM) reports earnings on 4/14/20 before the market open.

Goldman Sachs (GS) reports earnings on 4/15/20 before the market open.

UnitedHealth (UNH) reports earnings on 4/15/20 before the market open.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) is down -10.91% year-to-date.

Financial Calendar

12:30 PM ET TD Ameritrade IMX

Both comments and pings are currently closed.

Comments are closed.

Warning: Invalid argument supplied for foreach() in /home/customer/www/ on line 2841