The Dow Market Happenings For Tuesday, June 11, 2024 – Apple (AAPL) 193.12 Up +0.31% YTD

Dow stocks hitting 52-week highs include Honeywell (HON) 210.74 (+0.94%). Dow stock 52-week lows include Cisco (CSCO) 45.85 (+0.02%).

The Market

Premarket today, the Dow was indicated to be down -142 points.

Monday the Dow closed up +69.05 (+0.18%) at 38,868.04.

Year-to-date the Dow is up +3.13%.

Monday, (17) Dow stocks were up, (1) made 52-week lows and (1) made 52-week highs.

The Dow stock winners Monday were led by Home Depot (HD) 332.56 (+1.69%), Walmart (WMT) 66.96 (+1.64%) and Amazon (AMZN) 187.06 (+1.50%).

The Dow stock losers Monday were led by Apple (AAPL) 193.12 (-1.91%), Visa (V) 275.04 (-1.30%) and Verizon (VZ) 40.41 (-1.29%).

The VIX closed Monday at 12.74 (+4.26%) and the 10 YR at 4.445 (-0.47%). The VIX is currently at 13.13 (+3.06%). The 10YR is at 4.448 (-0.40%).

The two-day Fed policy meeting starts today and will conclude on Wednesday with an interest rate policy decision and a subsequent press conference featuring Federal Reserve Chair Jerome Powell.

Before the Fed decision, investors will analyze small business data due out Tuesday. On Wednesday, they will closely follow the consumer price index reading for May expected in the morning.

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

The national average price of gasoline is down four-tenths of a cent at $3.441 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 6/27/24 after the market close.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) 193.12 (-1.91%) is up +0.31% in 2024.

Financial Calendar

06:00 AM ET NFIB Small Business Optimism (May), 89.8, 89.7
07:00 AM ET OPEC Monthly Report
08:55 AM ET Redbook (YoY), 5.8%
11:30 AM ET 52-Week Bill Auction, 4.895%
12:00 PM ET EIA Short-Term Energy Outlook
13:00 PM ET 10-Year Note Auction, 4.483%
16:30 PM ET API Weekly Crude Oil Stock, 4.052M

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