DJIA Market Happenings For Monday, October 3, 2022 – Home Depot (HD) 275.94 Down -33.51% YTD

There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Intel (INTC) 26.38 (-2.76%), JPMorgan (JPM) 106.16 (-1.69%), Microsoft (MSFT) 237.50 (-1.48%), Nike (NKE) 95.33 (-3.41%), Procter & Gamble (PG) 128.70 (-2.49%), Verizon (VZ) 38.64 (-1.90%) and Walgreens (WBA) 31.55 (-4.97%).

The Market

Premarket today, the Dow was indicated to open up +322 points.

Friday the Dow closed down -500.10 (-1.71%) at 28,725.51.

Year-to-date the Dow is down -20.95%.

Friday, (0) Dow stocks were up, (7) made 52-week lows and none made 52-week highs.

The Dow stock winners Friday were not to be found.

The Dow stock losers Friday were led by Nike (NKE) 83.12 (-12.81%), Boeing (BA) 121.08 (-3.39%), Disney (DIS) 94.33 (-3.20%), Apple (AAPL) 138.20 (-3.00%), IBM (IBM) 118.81 (-2.32%) and Intel (INTC) 25.77 (-2.31%).

The 10 YR yield closed Friday at 3.831% and the VIX at 31.62 (-0.69%). The 10 YR is currently at 3.815 and VIX is at 31.31 (-0.98%).

It is now the fourth quarter, and the Dow closed below 29,000 for the first time since November 2020.

Markets are looking to go higher today. Hopefully they can keep it moving in that direction all day.

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

The national average price of gasoline is up three-tenths of a cent at $3.797 per gallon. Here in Gig Harbor, WA at Costco, gas was $5.099 per gallon for regular unleaded.

Latest Dow 30 Earnings Reports

Nike (NKE) reported earnings on 9/29/2022 after the market close with $0.93, beating estimates of $0.913 per share.

Walgreens (WBA) reports earnings on 10/13/2022 before the market open.

UnitedHealth (UNH) reports earnings on 10/14/2022 before the market open.

Coca Cola (KO) reports earnings on 10/25/2022 before the market open.

3M (MMM) reports earnings on 10/25/2022 before the market open.

Honeywell (HON) reports earnings on 10/27/2022 before the market open.

Intel (INTC) reports earnings on 10/27/2022 after the market close.

Chevron (CVX) reports earnings on 10/28/2022 before the market open.

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) 275.94 (-0.86%) is down -33.51% in 2022.

09:45 AM ET Manufacturing PMI (Sep), 51.8
10:00 AM ET Construction Spending (MoM) (Aug), -0.3%, -0.4%
10:00 AM ET ISM Manufacturing Employment (Sep), 49.0, 54.2
10:00 AM ET ISM Manufacturing New Orders Index (Sep), 51.3
10:00 AM ET ISM Manufacturing PMI (Sep), 52.2, 52.8
10:00 AM ET ISM Manufacturing Prices (Sep), 51.9, 52.5
11:00 AM ET Dallas Fed PCE (Aug), 3.40%
11:30 AM ET 3-Month Bill Auction, 2.880%

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