There are no Dow stocks hitting 52 week highs. Dow stock 52 week lows include Amgen (AMGN).
The Market
Premarket today, the Dow was indicated to open up +267 points.
Wednesday the Dow closed up +102.32 (+0.30%) at 34,416.99.
Year-to-date the Dow is up +12.12%.
There were 26 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Microsoft (MSFT) 293.11 (+1.51%), Procter & Gamble (PG) 141.19 (+1.33%) and Salesforce (CRM) 275.27 (+1.29%).
The Dow stock losers Wednesday were led by Dow (DOW) 57.16 (-3.28%), Cisco (CSCO) 53.94 (-1.37%) and Merck (MRK) 80.66 (-1.15%).
Dow futures rose 260 points Thursday as Democratic senators signaled they were receptive to a debt ceiling offer from Senate GOP leader Mitch McConnell that would allow an emergency increase into December.
The 10-year Treasury yield rose Thursday, trading above 1.54%, after the Labor Department announced better-than-expected weekly initial jobless claims figures. First-time filings for unemployment benefits fell to 326,000 for the week ended Oct. 2. Economists had expected 345,000 new claims. The government issues its September employment report Friday. ADP’s look at private sector hiring trends last month, released Wednesday, came in stronger than expected.
US futures are higher, European stocks are higher and Asian markets ended higher.
The national average price of gasoline is up 2.3 cents at $3.244 per gallon.
Earnings Reports
JPMorgan (JPM) reports earnings on 10/13/2021 before the open.
UnitedHealth (UNH) reports earnings on 10/14/2021 before the open.
Walgreens (WBA) reports earnings on 10/14/2021 before the open.
Goldman Sachs (GS) reports earnings on 10/15/2021 before the open.
Johnson & Johnson (JNJ) reports earnings on 10/19/2021 before the open.
Procter & Gamble (PG) reports earnings on 10/19/2021 before the open.
Travelers (TRV) reports earnings on 10/19/2021 before the open.
Today’s Featured Dow Stock
McDonald’s (MCD) 247.10 (+0.77%) is up +15.15% in 2021.
Financial Calendar
7:30 AM ET Challenger Job-Cut Report
8:30 AM ET Jobless Claims
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 3-Yr Note Announcement
11:00 AM ET 10-Yr Note Announcement
11:00 AM ET 30-Yr Bond Announcement
11:30 AM ET 4-Week Bill Auction
11:30 AM ET 8-Week Bill Auction
3:00 PM ET Consumer Credit
4:30 PM ET Fed Balance Sheet