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 be down -156 points.
Friday the Dow closed up +288.01 (+0.87%) at 33,407.58.
Year-to-date the Dow is up +0.79%.
Friday, (24) Dow stocks were up, none were at 52-week lows and none were at 52-week highs.
The Dow stock winners Friday were led by Salesforce (CRM) 207.36 (+2.65%), Disney (DIS) 82.94 (+2.64%) and Honeywell (HON) 184.66 (+2.58%).
The Dow stock losers Friday were led by Walmart (WMT) 156.41 (-1.68%), Walgreens (WBA) 21.81 (-1.67%) and McDonald’s (MCD) 248.22 (-1.59%).
The VIX closed Friday at 17.45 (-5.62%) and the 10 YR at 4.726 (-1.11%). The VIX is currently at 18.92 (+8.42%). The 10YR is at 4.702 (-1.61%).
Stock futures are down Monday as the deadly Israel-Hamas conflict pressured an already fragile market dealing with inflation and surging interest rates.
A hotter-than-expected jobs report from Friday showed hiring remains robust, with the economy adding 336,000 jobs last month. Wages, meanwhile, grew at a largely muted clip, which gave investors hope inflation was cooling.
Bond yields eased somewhat as stocks climbed Friday, but the 10-year Treasury yield reached a 16-year high earlier in the week. With the bond market closed on Monday for Columbus Day, Wall Street will have to wait until Tuesday for an update on interest rates.
U.S. futures are lower, European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is down five-tenths of a cent at $3.704 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.
Goldman Sachs (GS) reports earnings on 10/17/23 before the market open.
Johnson & Johnson (JNJ) reports earnings on 10/17/23 before the market open.
Travelers (TRV) reports earnings on 10/18/23 before the market open.
Today’s Featured Dow Stock
Goldman Sachs (GS) 312.48 (+0.64%) is down -9.00% in 2023.
Financial Calendar
06:00 AM ET IMF Meetings
09:00 AM ET Fed Logan Speaks
09:15 AM ET Fed Vice Chair for Supervision Barr Speaks
10:00 AM ET CB Employment Trends Index (Sep), 113.02
13:30 PM ET Fed Governor Jefferson Speaks