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 down -25 points.
Wednesday the Dow closed down -68.93 (-0.20%) at 35,031.07.
Year-to-date the Dow is up +14.46%.
There were 14 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Coca Cola (KO) 56.42 (+1.35%), Visa (V) 229.09 (+1.25%) and 3M (MMM) 187.89 (+1.24%).
The Dow stock losers Wednesday were led by Dow (DOW) 60.69 (-1.91%), UnitedHealth (UNH) 415.39 (-1.39%) and Boeing (BA) 211.38 (-1.33%).
The U.S. government reported Thursday 310,000 initial jobless claims for the week ending Sept. 4. That’s lower than estimates and a pandemic low all the way back to the week ending March 14, 2020, when new claims totaled 256,000. That was just before Covid caused historic business closures and job losses, leading to a rush for unemployment benefits. For the week ending Aug. 28, new claims were revised higher to 345,000.
President Joe Biden is set to outline a six-pronged federal effort Thursday to boost Covid vaccinations and curb the surging delta variant, which is killing thousands in the U.S. each week and jeopardizing the nation’s economic recovery. Biden is expected to push vaccine mandates for workforces and schools. He’ll talk about new ways to increase testing and promote mask requirements. The president will emphasize steps to help the economy as well as moves to improve treatment for those with Covid.
US futures are mostly lower, European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is unchanged at $3.181 per gallon.
Earnings Reports
There are no Dow stocks set to report earnings in the near term.
Today’s Featured Dow Stock
Walgreens (WBA) 51.09 (+0.18%) is up +28.11% in 2021.
Financial Calendar
8:30 AM ET Jobless Claims
10:00 AM ET Quarterly Services Survey
10:30 AM ET EIA Natural Gas Report
11:00 AM ET EIA Petroleum Status Report
11:00 AM ET 3-Month Bill Announcement
11:00 AM ET 6-Month Bill 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