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 -26 points.
Thursday the Dow closed up +346.87 (+1.12%) at 31,384.55.
Year-to-date the Dow is down -13.63%.
Thursday, (24) of the Dow 30 stocks were up, none were at 52-week lows and none were at 52-week highs.
The Dow stock winners Thursday were led by UnitedHealth (UNH) 515.29 (+1.99%), Cisco (CSCO) 42.69 (+1.74%) and Travelers (TRV) 169.90 (+1.61%).
The Dow stock losers Thursday were led by Walgreens (WBA) 37.78 (-1.90%), Chevron (CVX) 140.78 (-1.32%) and Goldman Sachs (GS) 293.76 (-1.16%).
The 10 YR yield is currently at 3.067% and the VIX is at 26.25 (+0.65%).
Stocks in the premarket dip as bond yields rise, following a stronger-than-expected June jobs report. Job growth accelerated at a much faster pace than expected in June. Nonfarm payrolls increased 372,000 in the month, better than the 250,000 Dow Jones estimate, and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics. The unemployment rate was 3.6%, unchanged from May and in line with estimates.
In Japan, former Prime Minister Shinzo Abe was shot dead at a campaign event for the Liberal Democratic Party in the city of Nara, which is near Kyoto. Abe, 67, was Japan’s longest-serving prime minister and was known for his “Abenomics” stimulus policies and statesmanship. He stepped down two years ago due to declining health. A suspect was reportedly in custody. There was no apparent indication of motive as of Friday morning.
U.S. futures are lower, European stocks are mostly lower and Asian markets ended mostly higher.
The national average price of gasoline is down 3.1 cents at $4.721 per gallon.
Earnings Reports
Nike (NKE) reported earnings on 6/27/22 after the market close with $0.90, beating estimates of $0.812 per share.
Walgreens (WBA) reported earnings on 6/30/22 before the market open with $0.96, beating estimates of $0.953 per share.
JPMorgan (JPM) reports earnings on 7/14/22 before the market open.
UnitedHealth (UNH) reports earnings on 7/15/22 before the market open.
Goldman Sachs (GS) reports earnings on 7/18/22 before the market open.
IBM (IBM) reports earnings on 7/18/22 after the market close.
Johnson & Johnson (JNJ) reports earnings on 7/19/22 before the market open.
Today’s Featured Dow Stock
Goldman Sachs (GS) 298.60 (+1.65%) is down -21.94% in 2022.
Financial Calendar
08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Jun)
08:30 AM ET Average Hourly Earnings (MoM) (Jun)
08:30 AM ET Average Weekly Hours (Jun)
08:30 AM ET Government Payrolls (Jun)
08:30 AM ET Manufacturing Payrolls (Jun)
08:30 AM ET Nonfarm Payrolls (Jun)
08:30 AM ET Participation Rate (Jun)
08:30 AM ET Private Nonfarm Payrolls (Jun)
08:30 AM ET U6 Unemployment Rate (Jun)
08:30 AM ET Unemployment Rate (Jun)
10:00 AM ET Wholesale Inventories (MoM)
10:00 AM ET Wholesale Trade Sales (MoM) (May)
11:00 AM ET FOMC Member Williams Speaks
13:00 PM ET U.S. Baker Hughes Oil Rig Count
13:00 PM ET U.S. Baker Hughes Total Rig Count
15:00 PM ET Consumer Credit (May)
15:30 PM ET CFTC Aluminium speculative net positions
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15:30 PM ET CFTC Nasdaq 100 speculative net positions
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