DJIA Market Happenings For Friday, January 5, 2023 – Home Depot (HD) 338.59 Down -2.30% YTD

Dow stocks hitting 52-week highs include Amgen (AMGN) 303.17 (+0.82%) and JPMorgan (JPM) 171.41 (+0.66%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -59 points.

Thursday the Dow closed up +10.15 (+0.03%) at 37,440.34.

Year-to-date the Dow is down -0.66%.

Thursday, (9) 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) 117.01 (+1.95%), Amgen (AMGN) 303.17 (+0.82%) and American Express (AXP) 187.14 (+0.76%).

The Dow stock losers Thursday were led by Walgreens (WBA) 24.26 (-5.12%), Nike (NKE) 102.30 (-1.67%) and Apple (AAPL) 181.91 (-1.27%).

The VIX closed Thursday at 14.13 (+0.64%) and the 10 YR at 4.002 (+0.38%). The VIX is currently at 13.89 (-1.70%). The 10YR is at 4.063 (+0.074%).

The U.S. economy added many more jobs than anticipated in December, with nonfarm payrolls growing by 216,000. Economists had expected a gain of 170,000 for last month. The unemployment rate held steady at 3.7% in another sign of continued labor strength.

Shares of Walgreens (WBA) fell more than 5% during Thursday’s trading session after the company announced it would slash its quarterly dividend to 25 cents per share from 48 cents.

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

The national average price of gasoline is down two-tenths of a cent at $3.088 per gallon.

Earnings Reports

Salesforce (CRM) reported earnings 11/29/23 after the close with $2.11, beating estimates of $1.512 per share.

Nike (NKE) reported earnings on 12/21/23 after the close with $1.03, beating estimates of $0.839 per share.

Walgreens (WBA) reported earnings on 1/4/24 before the open with $0.66, beating estimates of $0.656 per share.

IBM (IBM) reports earnings on 1/12/24 before the open.

JPMorgan (JPM) reports earnings on 1/12/24 before the open.

UnitedHealth (UNH) reports earnings on 1/12/24 before the open.

Goldman Sachs (GS) reports earnings on 1/16/24 before the open.

Travelers (TRV) reports earnings on 1/19/24 before the open.

3M (MMM) reports earnings on 1/23/24 before the open.

Johnson & Johnson (JNJ) reports earnings on 1/23/24 before the open.

Procter & Gamble (PG) reports earnings on 1/23/24 before the open.

Verizon (VZ) reports earnings on 1/23/24 before the open.

Microsoft (MSFT) reports earnings on 1/23/24 after the close.

Visa (V) reports earnings on 1/23/24 after the close.

Boeing (BA) reports earnings on 1/24/24 before the open.

IBM (IBM) reports earnings on 1/24/24 after the close.

Dow (DOW) reports earnings on 1/25/24 before the open.

Intel (INTC) reports earnings on 1/25/24 after the close.

Chevron (CVX) reports earnings on 1/26/24 before the open.

American Express (AXP) reports earnings on 1/26/24 before the open.

Amgen (AMGN) reports earnings on 1/30/24 before the open.

Caterpillar (CAT) reports earnings on 1/30/24 before the open.

McDonald’s (MCD) reports earnings on 1/30/24 before the open.

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) 338.59 (+0.10%) is down -2.30% in 2024.

Financial Calendar

08:30 AM ET Average Hourly Earnings (MoM) (Dec), 0.3%, 0.4%
08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Dec), 3.9%, 4.0%
08:30 AM ET Average Weekly Hours (Dec), 34.4, 34.4
08:30 AM ET Government Payrolls (Dec), 49.0K
08:30 AM ET Manufacturing Payrolls (Dec), 5K 28K
08:30 AM ET Nonfarm Payrolls (Dec), 170K, 199K
08:30 AM ET Participation Rate (Dec), 62.8%
08:30 AM ET Private Nonfarm Payrolls (Dec), 130K, 150K
08:30 AM ET U6 Unemployment Rate (Dec), 7.0%
08:30 AM ET Unemployment Rate (Dec), 3.8%, 3.7%
10:00 AM ET Durables Excluding Defense (MoM) (Nov), 6.5%
10:00 AM ET Durables Excluding Transport (MoM) (Nov), 0.5%
10:00 AM ET Factory Orders (MoM) (Nov), 2.1%, -3.6%
10:00 AM ET Factory orders ex transportation (MoM) (Nov), -1.2%
10:00 AM ET ISM Non-Manufacturing Business Activity (Dec), 55.1
10:00 AM ET ISM Non-Manufacturing Employment (Dec), 50.7
10:00 AM ET ISM Non-Manufacturing New Orders (Dec), 55.5
10:00 AM ET ISM Non-Manufacturing PMI (Dec), 52.6, 52.7
10:00 AM ET ISM Non-Manufacturing Prices (Dec), 58.3
10:00 AM ET Total Vehicle Sales, 15.50M, 15.32M
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 500
13:00 PM ET U.S. Baker Hughes Total Rig Count, 622
13:30 PM ET FOMC Member Barkin Speaks
15:30 PM ET CFTC Aluminium speculative net positions, 5.7K
15:30 PM ET CFTC Copper speculative net positions, 7.1K
15:30 PM ET CFTC Corn speculative net positions, -127.7K
15:30 PM ET CFTC Crude Oil speculative net positions, 199.3K
15:30 PM ET CFTC Gold speculative net positions, 207.7K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, 28.0K
15:30 PM ET CFTC Natural Gas speculative net positions, -106.1K
15:30 PM ET CFTC S&P 500 speculative net positions, -192.5K
15:30 PM ET CFTC Silver speculative net positions, 31.9K
15:30 PM ET CFTC Soybeans speculative net positions, -11.9K
15:30 PM ET CFTC Wheat speculative net positions, -31.4K

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