Dow stocks hitting 52-week highs include Apple (AAPL) 187.00 (+1.65%). There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to open down -134 points.
Thursday the Dow closed down -4.81 (-0.01%) at 33,946.71.
Year-to-date the Dow is up +2.41%.
Thursday, (17) Dow stocks were up, none were at 52-week lows and (1) was at 52-week highs.
The Dow stock winners Thursday were led by Merck (MRK) 113.72 (+2.30%), Microsoft (MSFT) 339.71 (+1.84%) and Salesforce (CRM) 213.29 (+1.77%).
The Dow stock losers Thursday were led by Boeing (BA) 205.61 (-3.05%), JPMorgan (JPM) 139.58 (-1.93%) and IBM (IBM) 131.17 (-1.88%).
The VIX closed Thursday at 12.91 (-2.20%) and the 10 YR at 3.790 (-0.05%). The VIX is currently at 13.48 (+4.42%). The 10YR is at 3.712 (-2.11%).
It looks to be a losing week for the Dow Jones Industrial Average.
The Supreme Court is expected to release decisions around 10 a.m. ET Friday, with at least one major ruling still looming. The justices are due to rule in the coming days on challenges to the Biden administration’s student loan forgiveness plan that would cancel debt of up to $20,000 for many Americans. Borrowers have been left in limbo for much of the past several months while the administration defended its plan in court and kept payments paused. There’s no way to know if the decisions that come out Friday will include the student loan case, and the court has already scheduled another release date for Tuesday. It also still has yet to rule on affirmative action cases at Harvard University and the University of North Carolina.
Apple (AAPL) shares jumped to a fresh all-time high of $187.04 late Thursday and closed 1.6% higher at $187.00.
U.S. futures are lower, European stocks are lower and Asian markets ended lower.
The national average price of gasoline is unchanged at $3.584 per gallon.
Earnings Reports
Walgreens (WBA) reports earnings on 6/27/2023 before the market open.
Nike (NKE) reports earnings on 6/29/2023 after the market close.
Today’s Featured Dow Stock
Visa (V) 228.39 (+0.50%) is down -10.13% in 2023.
Financial Calendar
05:15 AM ET FOMC Member Bullard Speaks
08:00 AM ET FOMC Member Bostic Speaks
09:45 AM ET Manufacturing PMI (Jun), 48.3, 48.4
09:45 AM ET S&P Global Composite PMI (Jun), 54.3
09:45 AM ET Services PMI (Jun), 54.0, 54.9
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 552
13:00 PM ET U.S. Baker Hughes Total Rig Count, 687
13:40 PM ET FOMC Member Mester Speaks
16:30 PM ET CFTC Aluminium speculative net positions, 5.9K
16:30 PM ET CFTC Copper speculative net positions, -12.9K
16:30 PM ET CFTC Corn speculative net positions, 45.1K
16:30 PM ET CFTC Crude Oil speculative net positions, 155.1K
16:30 PM ET CFTC Gold speculative net positions, 160.2K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, 15.7K
16:30 PM ET CFTC Natural Gas speculative net positions, -123.0K
16:30 PM ET CFTC S&P 500 speculative net positions, -331.4K
16:30 PM ET CFTC Silver speculative net positions, 23.7K
16:30 PM ET CFTC Soybeans speculative net positions, 62.9K
16:30 PM ET CFTC Wheat speculative net positions, -86.8K