DJIA Market Happenings For Friday, May 22, 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 +30 points.

Thursday the Dow was down -101.78 (-0.41%) at 24,474.12.

Year-to-date the Dow is down -14.24%.

There were 6 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Boeing (BA) +4.26%, Raytheon Technologies (RTX) +3.98% and Travelers (TRV) +3.80%.

The Dow stock losers Thursday were led by IBM (IBM) -1.86%, Exxon Mobil (XOM) -1.79% and Intel (INTC) -1.77%.

IBM (IBM) will cut an unspecified number of jobs, the first workforce reduction under new CEO Arvind Krishna, who took over from Ginni Rometty earlier this year. A person familiar with IBM’s plans said that several thousand workers are likely to be affected.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up 1.6 cents at $1.942 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

3M (MMM)

3M (MMM) is down -17.35% year-to-date. 3M (MMM) YTD low was 114.04 on 3/23/2020.

Financial Calendar

1:00 PM ET Baker-Hughes Rig Count

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