Dow stocks hitting 52-week highs include Amazon (AMZN) 180.38 (+0.31%), Caterpillar (CAT) 366.43 (+0.49%), Disney (DIS) 122.36 (+1.14%), Goldman Sachs (GS) 417.69 (+0.59%), JPMorgan (JPM) 200.30 (+0.39%), Procter & Gamble (PG) 162.25 (-0.22%) and Travelers (TRV) 230.14 (+0.57%). There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to be down -11 points.
Thursday the Dow closed up +47.29 (+0.12%) at 39,807.37.
Year-to-date the Dow is up +5.49%.
Thursday, (19) Dow stocks were up, none made 52-week lows and (7) made 52-week highs.
The Dow stock winners Thursday were led by 3M (MMM) 106.07 (+1.42%), Disney (DIS) 122.36 (+1.14%) and Verizon (VZ) 41.96 (+1.01%).
The Dow stock losers Thursday were Apple (AAPL) 171.48 (-1.06%), Walmart (WMT) 60.17 (-0.91%) and Amgen (AMGN) 284.32 (-0.69%).
The VIX closed Thursday at 13.01 (+1.80%) and the 10 YR at 4.188 (-0.21%). The VIX is currently at 13.74 (+5.61%). The 10YR is at 4.253 (+1.33%).
The personal consumption expenditures price index excluding food and energy, released Friday during the market closure for Good Friday, showed inflation rose 2.8% in February, which is in line with expectations. The inflation gauge closely watched by the Federal Reserve also rose 0.3% from a month ago.
3M (MMM) rose nearly 3% Monday. 3M completed its spinoff of health-care company Solventum and announced a $10 billion settlement with public water suppliers in a chemicals lawsuit had received final approval.
Gold prices extended their rally on Monday, scaling to a new record. Spot gold added 1.32% to trade at $2,265.53 per ounce. U.S. gold futures rose more than 2% to trade at $2,286.39 per ounce.
U.S. futures are mostly higher, European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is up one-tenth of a cent at $3.536 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.
Caterpillar (CAT) reports earnings on 4/25/24 before the market open.
Dow (DOW) reports earnings on 4/25/24 before the market open.
Honeywell) reports earnings on 4/25/24 before the market open.
Merck (MRK) reports earnings on 4/25/24 before the market open.
Intel (INTC) reports earnings on 4/25/24 after the market close.
Amazon (AMZN) reports earnings on 4/25/24 after the market close.
Today’s Featured Dow Stock
Goldman Sachs (GS) 417.69 (+0.59%) is up +8.90% in 2024.
Financial Calendar
09:45 AM ET S&P Global US Manufacturing PMI (Mar), 52.8, 52.2
10:00 AM ET Construction Spending (MoM) (Feb), 0.5%, -0.2%
10:00 AM ET Dallas Fed PCE (Feb), 5.00%
10:00 AM ET ISM Manufacturing Employment (Mar), 45.9
10:00 AM ET ISM Manufacturing New Orders Index (Mar), 49.2
10:00 AM ET ISM Manufacturing PMI (Mar), 48.5, 47.8
10:00 AM ET ISM Manufacturing Prices (Mar), 53.3, 52.5
11:30 AM ET 3-Month Bill Auction, 5.230%
11:30 AM ET 6-Month Bill Auction, 5.105%
14:00 AM ET Atlanta Fed GDPNow (Q1), 2.3%, 2.3%
18:50 AM ET Fed Governor Cook Speaks

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