The Dow Market Happenings For Wednesday, November 24, 2021 – American Express (AXP) +41.30% YTD


Dow stocks hitting 52-week highs include Procter & Gamble (PG). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -181 points.

Tuesday the Dow closed up +194.55 (+0.55%) at 35,813.80.

Year-to-date the Dow is up +17.01%.

There were 20 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Goldman Sachs (GS) 406.34 (+2.57%), JPMorgan (JPM) 168.28 (+2.39%) and UnitedHealth (UNH) 447.13 (+2.19%).

The Dow stock losers Tuesday were led by Disney (DIS) 151.03 (-2.03%), Salesforce (CRM) 291.42 (-1.83%) and Intel (INTC) 49.10 (-1.46%).

The 10-year Treasury yield rose to over 1.68% on Wednesday.

The government said initial jobless claims fell to 199,000, the first time below 200,000 during Covid and a number not seen since Nov. 15, 1969, when claims totaled 197,000.

A revised third-quarter gross domestic product advance of 2.1% was slightly above the previous reading, but was slightly below estimates.

October durable goods orders fell 0.5%. Economists had expected a 0.3% increase.

U.S. futures are lower, European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down five-tenths of a cent at $3.398 per gallon.

Earnings Reports

Salesforce (CRM) reports earnings on 11/30/2021 after the close.

Today’s Featured Dow Stock

American Express (AXP)

American Express (AXP) 170.85 (-0.03%) is up +41.30% in 2021.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate
07:00 AM ET MBA Mortgage Applications (WoW)
07:00 AM ET MBA Purchase Index
07:00 AM ET Mortgage Market Index
07:00 AM ET Mortgage Refinance Index
08:30 AM ET Continuing Jobless Claims
08:30 AM ET Core Durable Goods Orders (MoM)
08:30 AM ET Core PCE Prices (Q3)
08:30 AM ET Corporate Profits (QoQ) (Q3)
08:30 AM ET Durable Goods Orders (MoM) (Oct)
08:30 AM ET Durables Excluding Defense (MoM) (Oct)
08:30 AM ET GDP (QoQ) (Q3)
08:30 AM ET GDP Price Index (QoQ) (Q3)
08:30 AM ET GDP Sales (Q3)
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (Oct)
08:30 AM ET Goods Trade Balance (Oct)
08:30 AM ET Initial Jobless Claims
08:30 AM ET Jobless Claims 4-Week Avg.
08:30 AM ET PCE Prices (Q3)
08:30 AM ET Real Consumer Spending (Q3)
08:30 AM ET Retail Inventories Ex Auto (Oct)
08:30 AM ET Wholesale Inventories (MoM)
10:00 AM ET Core PCE Price Index (YoY) (Oct)
10:00 AM ET Core PCE Price Index (MoM) (Oct)
10:00 AM ET Michigan 5-Year Inflation Expectations (Nov)
10:00 AM ET Michigan Consumer Expectations (Nov)
10:00 AM ET Michigan Consumer Sentiment (Nov)
10:00 AM ET Michigan Current Conditions (Nov)
10:00 AM ET Michigan Inflation Expectations (Nov)
10:00 AM ET New Home Sales (MoM) (Oct)
10:00 AM ET New Home Sales (Oct)
10:00 AM ET PCE Price index (YoY) (Oct)
10:00 AM ET PCE price index (MoM) (Oct)
10:00 AM ET Personal Income (MoM) (Oct)
10:00 AM ET Personal Spending (MoM) (Oct)
10:00 AM ET Real Personal Consumption (MoM) (Oct)
10:30 AM ET Crude Oil Inventories
10:30 AM ET EIA Refinery Crude Runs (WoW)
10:30 AM ET Crude Oil Imports
10:30 AM ET Cushing Crude Oil Inventories
10:30 AM ET Distillate Fuel Production
10:30 AM ET EIA Weekly Distillates Stocks
10:30 AM ET Gasoline Production
10:30 AM ET Heating Oil Stockpiles
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW)
10:30 AM ET Gasoline Inventories
11:30 AM ET 4-Week Bill Auction
11:30 AM ET 8-Week Bill Auction
12:00 PM ET Dallas Fed PCE (Oct)
12:00 PM ET Natural Gas Storage
13:00 PM ET U.S. Baker Hughes Oil Rig Count
13:00 PM ET U.S. Baker Hughes Total Rig Count
14:00 PM ET FOMC Meeting Minutes

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