The Dow Market Happenings For Friday, September 18, 2020

Dow stocks hitting 52 week highs include Caterpillar (CAT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -108 points.

Thursday the Dow was down -130.40 (-0.47%) at 27,901.98.

Year-to-date the Dow is down -1.77%.

There were 14 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Walgreens (WBA) 37.21 (+2.56%), Dow (DOW) 50.97 (+2.56%) and Caterpillar (CAT) 153.87 (+1.83%).

The Dow stock losers Thursday were led by Goldman Sachs (GS) 194.83 (-2.92%), Salesforce (CRM) 244.53 (-2.42%) and Nike (NKE) 116.36 (-1.88%).

Walmart (WMT) announced Thursday that it will boost pay for 165,000 of its hourly associates nationwide this October. The boost in pay will replace the annual increase employees normally receive in February or April, Walmart Chief Operating Officer Dacona Smith said. Current salaried digital, asset protection and auto care center assistant manager roles in the store. Hourly team lead roles: These employees will receive new wages that start between $18 and $21 an hour, but can go up to $30 an hour in Supercenters. Hourly associates in the deli and bakery areas: These employees will receive a minimum increase of $11 an hour to $15 or higher. Several hourly auto care center roles: Most associates in these roles will receive a base pay increase of $1 or more per hour.

European stocks are lower and Asian markets ended higher.

The national average price of gasoline is unchanged at $2.182 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 9/22/2020 after the market close. [Closed at $114.90, +1.93% on 9/9/2020]

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) 194.83 (-2.92%) is down -15.27% year-to-date. UnitedHealth (UNH) YTD low was 130.85 on 3/19/2020. UnitedHealth has provided a +48.90% gain off the YTD low.

Financial Calendar

8:30 AM ET Current Account

10:00 AM ET Consumer Sentiment

10:00 AM ET Leading Indicators

1:00 PM ET Baker-Hughes Rig Count

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