The Dow Market Happenings For Monday, November 20, 2023 – Goldman Sachs (GS) 339.19 Down -1.22% YTD

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 up +19 points.

Friday the Dow closed up +1.81 (+0.01%) at 34,947.28.

Year-to-date the Dow is up +5.43%.

Friday, (15) 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 Walgreens (WBA) 21.22 (+2.27%), American Express (AXP) 162.56 (+2.21%) and Caterpillar (CAT) 253.07 (+1.96%).

The Dow stock losers Friday were led by Microsoft (MSFT) 369.85 (-1.68%), Nike (NKE) 105.96 (-1.53%) and Amgen (AMGN) 265.39 (-1.34%).

The VIX closed Friday at 13.80 (-3.63%) and the 10 YR at 4.467 (+0.52%). The VIX is currently at 14.09 (+2.10%). The 10YR is at 4.573 (+0.04%).

The stock market will close this week on Thursday for the Thanksgiving holiday, and then shutter early at 1 p.m. ET on Friday.

Two days after OpenAI stunned the tech world by firing CEO Sam Altman, the human face of the AI boom has a new home. Altman will lead an advanced AI team at Microsoft (MSFT) Shares are up after this announcement. ,

Boeing (BA) stock added 1.5% following an upgrade to buy from hold by Deutsche Bank. The bank noted Boeing’s acceleration of aircraft deliveries and said it believes this improved performance can be sustained.

Tuesday afternoon, the Fed is expected to release minutes from its latest policy meeting. The minutes are expected to provide insight into the Federal Reserve’s thinking on future interest rates.

Futures are not doing much this morning.

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

The national average price of gasoline is down five-tenths of a cent at $3.308 per gallon.

Earnings Reports

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 339.19 (+0.75%) is down -1.22% in 2023.

Financial Calendar

10:00 AM ET US Leading Index (MoM) (Oct), -0.7%, -0.7%
11:30 AM ET 3-Month Bill Auction, 5.285%
11:30 AM ET 6-Month Bill Auction, 5.270%
13:00 PM ET 20-Year Bond Auction, 5.245%

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