There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include 3M (MMM) 90.22 (-3.63%).
The Market
Premarket today, the Dow was indicated to be down -158 points.
Monday the Dow closed down -74.15 (-0.22%) at 33,433.35.
Year-to-date the Dow is up +0.86%.
Monday, (11) Dow stocks were up, (1) was at 52-week lows and none were at 52-week highs.
The Dow stock winners Monday were led by UnitedHealth (UNH) 514.57 (+2.06%), Microsoft (MSFT) 321.80 (+1.92%) and Apple (AAPL) 173.75 (+1.48%).
The Dow stock losers Monday were led by 3M (MMM) 90.22 (-3.63%), McDonald’s (MCD)257.75 (-2.16%) and Boeing (BA) 187.83 (-2.01%).
The VIX closed Monday at 17.61 (+0.51%) and the 10 YR at 4.676 (+0.02%). The VIX is currently at 18.62 (+5.74%). The 10YR is at 4.715 (+0.86%).
The 10-year Treasury yield traded at 4.735%, climbing to its highest level since Aug. 15, 2007. The benchmark yield has surged in the past month, as traders assess the possibility of tighter Federal Reserve for longer.
We get the JOLT’s data at 7 am PDT today.
U.S. futures are lower, European stocks are lower and Asian markets ended mostly lower.
The national average price of gasoline is down 1.6 cents at $3.798 per gallon.
Earnings Reports
Nike (NKE) reported earnings on 9/28/23 after the market close with $0.94, beating estimates of $0.739 per share.
Walgreens (WBA) reports earnings on 10/12/23 before the market open.
JPMorgan (JPM) reports earnings on 10/13/23 before the market open.
UnitedHealth (UNH) reports earnings on 10/13/23 before the market open.
Today’s Featured Dow Stock
Cisco (CSCO) 54.39 (+1.17%) is up +14.17% in 2023.
Financial Calendar
08:00 AM ET FOMC Member Bostic Speaks
08:00 AM ET Milk Auctions, 2,957.0
08:55 AM ET Redbook (YoY), 3.8%
10:00 AM ET IBD/TIPP Economic Optimism, 41.6, 43.2
10:00 AM ET JOLTs Job Openings (Aug), 8.800M, 8.827M
11:30 AM ET 52-Week Bill Auction, 5.120%
16:30 PM ET API Weekly Crude Oil Stock, 1.586M