DJIA Market Happenings For Thursday, May 13, 2021

There are no Dow stocks hitting 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +27 points.

Wednesday the Dow was down -681.50 (-1.99%) at 33,587.66.

Year-to-date the Dow is up +9.74%.

There were 2 Dow stocks up Wednesday.

The Dow stock winners Wednesday were Merck (MRK) 78.00 (+0.70%) and Chevron (CVX) 107.37 (+0.63%).

The Dow stock losers Wednesday were led by Home Depot (HD) 317.00 (-4.13%), Honeywell (HON) 220.04 (-3.98%), Boeing (BA) 220.78 (-3.54%) and Microsoft (MSFT) 239.00 (-2.94%).

Disney (DIS) reports earnings today after the close.

Looks like maybe another weak market open. Guess we’ll see.

The Producer Price Index for final demand increased 0.6 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 1.0 percent in March and 0.5 percent in February. On an unadjusted basis, the final demand index moved up 6.2 percent for the 12 months ended in April, the largest advance since 12-month data were first calculated in November 2010.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is up 2 cents at $3.028 per gallon.

Earnings Reports

Disney (DIS) reports earnings on 5/13/2021 after the market close.

Home Depot (HD) reports earnings on 5/18/2021 before the market open.

Walmart (WMT) reports earnings on 5/18/2021 before the market open.

Cisco (CSCO) reports earnings on 5/19/2021 after the market close.

Today’s Featured Dow Stock

Dow (DOW)

Dow (DOW) 67.60 (-1.41%) is up +21.80% in 2021.

Financial Calendar

8:30 AM ET US:Jobless Claims

8:30 AM ET PPI-Final Demand

10:30 AM ET EIA Natural Gas Report

11:00 AM ET 3-Month Bill Announcement

11:00 AM ET 6-Month Bill Announcement

11:00 AM ET 52-Week Bill Announcement

11:00 AM ET 10-Yr TIPS Announcement

11:00 AM ET 20-Yr Bond Announcement

11:30 AM ET 4-Week Bill Auction

11:30 AM ET 8-Week Bill Auction

1:00 PM ET 30-Yr Bond Auction

4:30 PM ET Fed Balance Sheet

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