The Dow Market Happenings For Thursday, March 28, 2024 – Dow (DOW) 58.14 Up +6.02% YTD

Dow stocks hitting 52-week highs include Disney (DIS) 120.98 (+0.88%), Merck (MRK) 131.75 (+4.96%), Procter & Gamble (PG) +1.28% and Travelers (TRV) 228.83 (+1.55%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +42 points.

Wednesday the Dow closed up +477.75 (+1.22%) at 39,760.08.

Year-to-date the Dow is up +5.49%.

Wednesday, (27) Dow stocks were up, none made 52-week lows and (4) made 52-week highs.

The Dow stock winners Wednesday were led by Merck (MRK) 131.75 (+4.96%), Intel (INTC) 43.77 (+4.24%) and Boeing (BA) 191.95 (+2.37%).

The Dow stock losers Wednesday were Salesforce (CRM) 301.38 (-1.46%), Visa (V) 279.02 (-0.56%) and Microsoft (MSFT) 421.43 (-0.05%)).

The VIX closed Wednesday at 12.78 (-3.47%) and the 10 YR at 4.209 (+0.41%). The VIX is currently at 12.95 (+1.33%). The 10YR is at 4.209 (+0.41%).

Not much happening this morning with the Dow.

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

The national average price of gasoline is up three-tenths of a cent at $3.538 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/24 after the market close with $0.98, beating estimates of $0.691 per share.

JPMorgan (JPM) reports earnings on 4/12/24 before the market open.

Goldman Sachs (GS) reports earnings on 4/15/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/16/24 before the market open.

UnitedHealth (UNH) reports earnings on 4/16/24 before the market open.

Travelers (TRV) reports earnings on 4/17/24 before the market open.

American Express (AXP) reports earnings on 4/19/24 before the market open.

Procter & Gamble (PG) reports earnings on 4/19/24 before the market open.

Coca Cola (KO) reports earnings on 4/22/24 before the market open.

Verizon (VZ) reports earnings on 4/22/24 before the market open.

3M (MMM) reports earnings on 4/23/24 before the market open.

Microsoft (MSFT) reports earnings on 4/23/24 after the market close.

Visa (V) reports earnings on 4/23/24 after the market close.

IBM (IBM) reports earnings on 4/24/24 after the market close.

Today’s Featured Dow Stock

Dow (DOW)

Dow (DOW) 58.14 (+1.87%) is up +6.02% in 2024.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,807K
08:30 AM ET Core PCE Prices (Q4), 2.10%, 2.00%
08:30 AM ET Corporate Profits (QoQ) (Q4), 3.7%
08:30 AM ET GDP (QoQ) (Q4), 3.2%, 4.9%
08:30 AM ET GDP Price Index (QoQ) (Q4), 1.6%, 3.3%
08:30 AM ET GDP Sales (Q4), 3.5%, 3.6%
08:30 AM ET Initial Jobless Claims, 212K, 210K
08:30 AM ET Jobless Claims 4-Week Avg., 211.25K
08:30 AM ET PCE Prices (Q4), 1.8%, 2.6%
08:30 AM ET Real Consumer Spending (Q4), 3.0%, 3.1%
09:45 AM ET Chicago PMI (Mar), 45.9, 44.0
10:00 AM ET Michigan 1-Year Inflation Expectations (Mar), 3.0%, 3.0%
10:00 AM ET Michigan 5-Year Inflation Expectations (Mar), 2.9%, 2.9%
10:00 AM ET Michigan Consumer Expectations (Mar), 74.6, 75.2
10:00 AM ET Michigan Consumer Sentiment (Mar), 76.5, 76.9
10:00 AM ET Michigan Current Conditions (Mar), 79.4, 79.4
10:00 AM ET Pending Home Sales (MoM) (Feb), 1.4%, -4.9%
10:00 AM ET Pending Home Sales Index (Feb), 74.3
10:30 AM ET Natural Gas Storage, -26B, 7B
11:00 AM ET KC Fed Composite Index (Mar), -4
11:00 AM ET KC Fed Manufacturing Index (Mar), 3
11:30 AM ET 4-Week Bill Auction, 5.270%
11:30 AM ET 8-Week Bill Auction, 5.270%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 509
13:00 PM ET U.S. Baker Hughes Total Rig Count, 624
16:30 PM ET Fed’s Balance Sheet, 7,514B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.490T

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