DJIA Market Happenings For Tuesday, June 4, 2024 – Travelers (TRV) 210.34 Up +10.42% YTD

There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -85 points.

Monday the Dow closed down -115.29 (-0.30%).

Year-to-date the Dow is up +2.34%.

Monday, (13) Dow stocks were up, none made 52-week lows and none made 52-week highs.

The Dow stock winners Monday were led by Boeing (BA) 184.57 (+3.92%), Merck (MRK) 128.42 (+2.29%) and Amazon (AMZN) 178.34 (+1.08%).

The Dow stock losers Monday were led by Chevron (CVX) 157.46 -2.98%), (Dow (DOW) 56.07 (-2.71%) and Travelers (TRV) 210.34 (-2.48%).

The VIX closed Monday at 13.11 (+1.47%) and the 10 YR at 4.408 (+0.16%). The VIX is currently at 13.60 (+3.74%). The 10YR is at 4.513 (+0.02%).

Intel (INTC) shares rose more than 1% in the premarket after the company announced new artificial intelligence chips aimed at competing with those from rivals Nvidia and AMD. Despite the AI boom, Intel is down nearly 40% year to date.

Not much going on this morning with Dow stocks.

We get JOLTs Job Openings data this morning at 7 am PDT.

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

The national average price of gasoline is down 1.4 cents at $3.518 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) 210.34 (-2.48%) is up +10.42% in 2024.

Financial Calendar

08:55 AM ET Redbook (YoY), 6.3%
10:00 AM ET Dallas Fed PCE (Apr), 2.90%
10:00 AM ET Durables Excluding Defense (MoM) (Apr), 0.0%
10:00 AM ET Durables Excluding Transport (MoM) (Apr), 0.5%
10:00 AM ET Factory Orders (MoM) (Apr), 0.7%, 1.6%
10:00 AM ET Factory orders ex transportation (MoM) (Apr), 0.4%, 0.5%
10:00 AM ET IBD/TIPP Economic Optimism, 45.2, 41.8
10:00 AM ET JOLTs Job Openings (Apr), 8.370M, 8.488M
10:00 AM ET Total Vehicle Sales, 15.80M, 15.74M
10:00 AM ET Total Vehicle Sales, 15.80M, 15.74M
10:00 AM ET Milk Auctions, 3,861.0
16:30 PM ET API Weekly Crude Oil Stock, -6.490M

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