The Dow Market Happenings For Monday, June 3, 2024 – Procter & Gamble (PG) 164.54 Up +12.28% YTD

Dow stocks hitting 52-week highs include Walmart (WMT) 65.76 (+1.34%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +3 points.

Friday the Dow closed up +574.84 (+1.51%) at 38,686.32.

Year-to-date the Dow is up +2.65%.

Friday, (28) Dow stocks were up, none made 52-week lows and (1) made 52-week highs.

The Dow stock winners Friday were led by Salesforce (CRM) 234.44 (+7.54%), UnitedHealth (UNH) 495.37 (+2.85%), Boeing (BA) 177.61 And McDonald’s (MCD) 258.89 (+2.71%).

The Dow stock losers Friday were Amazon (AMZN) 176.44 (-1.61%) and Caterpillar (CAT) 338.52 (-0.22%).

The VIX closed Friday at 12.92 (-10.71%) and the 10 YR at 4.486 (-0.51%). The VIX is currently at 13.13 (+1.63%). The 10YR is at 4.513 (+0.02%).

The Dow Jones Industrial Average added 2.3% in May.

Economic data this week includes ISM manufacturing today, JOLTS job openings Tuesday, ISM services PMI on Wednesday, Initial jobless claims Thursday and a key May jobs report on Friday.

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

The national average price of gasoline is down four-tenths of a cent at $3.532 per gallon.

Earnings Reports

Cisco (CSCO) reports earnings on 6/27/24 after the market close.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) 164.54 (+1.21%) is up +12.28% in 2024.

Financial Calendar

09:45 AM ET S&P Global US Manufacturing PMI (May), 50.9, 50.0
10:00 AM ET Construction Spending (MoM) (Apr), 0.2%, -0.2%
10:00 AM ET Dallas Fed PCE (Apr), 2.90%
10:00 AM ET ISM Manufacturing Employment (May), 48.6
10:00 AM ET ISM Manufacturing New Orders Index (May), 49.1
10:00 AM ET ISM Manufacturing PMI (May), 49.8, 49.2
10:00 AM ET ISM Manufacturing Prices (May), 60.0, 60.9
10:00 AM ET Total Vehicle Sales, 15.80M, 15.74M
11:30 AM ET 3-Month Bill Auction, 5.255%
11:30 AM ET 6-Month Bill Auction, 5.170%
13:00 PM ET Atlanta Fed GDPNow (Q2), 2.7%, 2.7%

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