Dow stocks hitting 52 week highs include Goldman Sachs (GS). There are no Dow stock 52 week lows.
Premarket today, the Dow was indicated to open up +73 points.
Thursday the Dow closed down -192.38 (-0.54%) at 35,213.12.
Year-to-date the Dow is up +15.05%.
There were 4 Dow stocks up Thursday.
The Dow stock winners Thursday were led by Salesforce (CRM) 267.79 (+2.66%), JPMorgan (JPM) 161.75 (+0.52%) and 3M (MMM) 195.32 (+0.50%).
The Dow stock losers Thursday were led by Boeing (BA) 216.50 (-2.05%), Nike (NKE) 166.92 (-1.72%) and Walgreens (WBA) 47.84 (-1.66%).
The Fed’s favorite inflation gauge came in hot. The July personal consumption expenditures price index rose 4.2% from a year ago. July’s core PCE, which excludes food and energy prices, rose 3.6% year over year, the highest in decades. Rising inflation has been a concern in markets. Powell has said in the past that while prices pressures are mounting, they’re transitory. A number of Fed officials speak Friday before and after Powell’s 10 a.m. ET. speech.
US futures are higher, European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is up one-tenth of a cent at $3.147 per gallon.
There are no Dow stocks set to report earnings in the near term.
Today’s Featured Dow Stock
Merck (MRK) 76.57 (-0.65%) is down -6.39% in 2021.
8:30 AM ET International Trade in Goods (Advance)
8:30 AM ET Personal Income and Outlays
8:30 AM ET Retail Inventories (Advance)
8:30 AM ET Wholesale Inventories (Advance)
10:00 AM ET Consumer Sentiment
10:00 AM ET Jerome Powell Speaks
1:00 PM ET Baker Hughes Rig Count