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 -36 points.
Thursday the Dow closed down -366.38 (-1.07%) at 33,922.26.
Year-to-date the Dow is up +2.34%.
Thursday, (2) Dow stocks were up, none were at 52-week lows and none were at 52-week highs.
The Dow stock winners Thursday were Microsoft (MSFT) 341.27 (+0.92%) and Apple (AAPL) 191.81 (+0.25%).
The Dow stock losers Thursday were led by Home Depot (HD) 302.02 (-2.82%), 3M (MMM) 96.31 (-2.35%), American Express (AXP) 170.94 (-2.30%) and Goldman Sachs (GS) 313.00 (-2.05%).
The VIX closed Thursday at 15.44 (+8.89%) and the 10 YR at 4.034 (-0.02%). The VIX is currently at 14.89 (-3.50%). The 10YR is at 4.023 (-0.30%).
The Labor Department’s June jobs report showed payrolls increase less than expected and a cooldown in growth from May. Nonfarm payrolls rose by 209,000, while the unemployment rate came in at 3.6%. Economists had anticipated 240,000 positions added and a similar jobless level. Average hourly earnings increased by 0.4% in June and 4.4% from a year ago. Meanwhile, the unemployment rate declined from 3.7% in May.
U.S. futures are mostly higher, European stocks are mostly higher and Asian markets ended lower.
The national average price of gasoline is up eight-tenths of a cent at $3.537 per gallon.
Earnings Reports
Walgreens (WBA) reported earnings on 6/27/2023 before the market open with $1.00, missing estimates of $1.069 per share.
Nike (NKE) reported earnings on 6/29/2023 after the market close with $0.66, missing estimates of $0.672 per share.
JPMorgan (JPM) reports earnings on 7/14/2023 before the market open.
UnitedHealth (UNH) reports earnings on 7/14/2023 before the market open.
Goldman Sachs (GS)) reports earnings on 7/19/2023 before the market open.
IBM (IBM) reports earnings on 7/19/2023 after the market close.
Today’s Featured Dow Stock
Salesforce (CRM) 210.14 (-1.72%) is up +58.49% in 2023.
Financial Calendar
08:30 AM ET Average Hourly Earnings (MoM) (Jun), 0.3%, 0.3%
08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Jun), 4.2%, 4.3%
08:30 AM ET Average Weekly Hours (Jun), 34.3, 34.3
08:30 AM ET Government Payrolls (Jun), 7.0K, 56.0K
08:30 AM ET Manufacturing Payrolls (Jun), 0K, -2K
08:30 AM ET Nonfarm Payrolls (Jun), 225K, 339K
08:30 AM ET Participation Rate (Jun), 62.6%, 62.6%
08:30 AM ET Private Nonfarm Payrolls (Jun), 205K, 283K
08:30 AM ET U6 Unemployment Rate (Jun), 6.6%, 6.7%
08:30 AM ET Unemployment Rate (Jun), 3.7%, 3.7%
10:30 AM ET Natural Gas Storage, 70B, 76B
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 545
13:00 PM ET U.S. Baker Hughes Total Rig Count, 674
16:30 PM ET CFTC Aluminium speculative net positions, 6.3K
16:30 PM ET CFTC Copper speculative net positions, 2.9K
16:30 PM ET CFTC Corn speculative net positions, 113.4K
16:30 PM ET CFTC Crude Oil speculative net positions, 138.4K
16:30 PM ET CFTC Gold speculative net positions, 151.9K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, 17.2K
16:30 PM ET CFTC Natural Gas speculative net positions, -92.8K
16:30 PM ET CFTC S&P 500 speculative net positions, -208.3K
16:30 PM ET CFTC Silver speculative net positions, 19.1K
16:30 PM ET CFTC Soybeans speculative net positions, 101.8K
16:30 PM ET CFTC Wheat speculative net positions, -47.2K