DJIA Market Happenings For Friday, March 15, 2024 – Amgen (AMGN) 271.54 Down -5.72% YTD

Dow stocks hitting 52-week highs include Dow Caterpillar (CAT) 341.92 (+0.12%), Microsoft (MSFT)425.22 (+2.44%), Travelers (TRV) 221.422 (-0.93%) and Visa (V) 286.41 (+0.45%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +57 points.

Thursday the Dow closed down -137.66 (-0.35%) at 38,905.66.

Year-to-date the Dow is up +3.23%.

Thursday, (18) Dow stocks were up, none made 52-week lows and (3) made 52-week highs.

The Dow stock winners Thursday were led by Microsoft (MSFT) 425.22 (+2.44%), Amazon (AMZN) 178.75 (+1.24%) and Chevron (CVX) 155.70 (+1.18%).

The Dow stock losers Thursday were led by JPMorgan (JPM) 187.97 (-1.78%), Honeywell (HON) 196.35 (-1.69%) and IBM (IBM) 193.43 (-1.66%).

The VIX closed Thursday at 14.40 (+4.75%) and the 10 YR at 4.290 (-0.16%). The VIX is currently at 14.20 (-1.39%). The 10YR is at 4.278 (-0.37%).

The Dow slipped -0.35% yesterday to snap a three-day winning streak.

Thursday’s retreat came after February’s producer price index, a gauge of wholesaler inflation, advanced more than economists anticipated. Bond yields climbed in the session, with the benchmark 10-year Treasury’s reaching 4.29%.

So far today the Dow is up just a bit.

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

The national average price of gasoline is up 2.6 cents at $3.438 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 3/21/24 after the market close.

Today’s Featured Dow Stock

Amgen (AMGN)

Amgen (AMGN) 271.54 (-1.61%) is down -5.72% in 2024.

Financial Calendar

08:30 AM ET Export Price Index (YoY), -7.0%, -2.4%
08:30 AM ET Export Price Index (MoM) (Feb), 0.2%, 0.8%
08:30 AM ET Import Price Index (MoM) (Feb), 0.3%, 0.8%
08:30 AM ET Import Price Index (YoY), -1.3%
08:30 AM ET NY Empire State Manufacturing Index (Mar), -7.00, -2.40
09:15 AM ET Capacity Utilization Rate (Feb), 78.5%, 78.5%
09:15 AM ET Industrial Production (YoY) (Feb), 0.03%
09:15 AM ET Industrial Production (MoM) (Feb), 0.0%, -0.1%
09:15 AM ET Manufacturing Production (MoM) (Feb), 0.3%, -0.5%
10:00 AM ET Michigan 1-Year Inflation Expectations (Mar), 3.0%
10:00 AM ET Michigan 5-Year Inflation Expectations (Mar), 2.9%
10:00 AM ET Michigan Consumer Expectations (Mar), 75.1, 75.2
10:00 AM ET Michigan Consumer Sentiment (Mar), 77.1, 76.9
10:00 AM ET Michigan Current Conditions (Mar), 79.2, 79.4
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 504
13:00 PM ET U.S. Baker Hughes Total Rig Count, 622
16:30 PM ET CFTC Aluminium speculative net positions, 3.3K
16:30 PM ET CFTC Copper speculative net positions, -1.6K
16:30 PM ET CFTC Corn speculative net positions, -232.6K
16:30 PM ET CFTC Crude Oil speculative net positions, 238.5K
16:30 PM ET CFTC Gold speculative net positions, 141.6K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, 0.6K
16:30 PM ET CFTC Natural Gas speculative net positions, -128.7K
16:30 PM ET CFTC S&P 500 speculative net positions, -204.4K
16:30 PM ET CFTC Silver speculative net positions, 14.5K
16:30 PM ET CFTC Soybeans speculative net positions, -191.2K
16:30 PM ET CFTC Wheat speculative net positions, -37.0K

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