DJIA Market Happenings For Thursday, July 2, 2015

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Chevron (CVX), Dupont (DD), Exxon Mobil (XOM) and Wal-Mart (WMT).

The Market

Premarket today, the Dow was indicated to open up +40 points.

Wednesday, the Dow was up +138.40 (+0.79%) at 17,757.91.

Year-to-date the Dow is down -0.37%.

There were 24 Dow stocks up Wednesday.

Dow stock winners Wednesday were led by Travelers (TRV) +2.73% and Procter & Gamble (PG) +1.89%.

Dow stock losers Wednesday were led by Caterpillar (CAT) -1.03% and Exxon Mobil (XOM) -1.00%.

U.S. job growth slowed in June. Nonfarm payrolls increased 223,000 last month, the Labor Department said. Adding to the report’s soft note, April and May data was revised to show 60,000 fewer jobs were added than previously reported. With 432,000 people dropping out of the labor force, the unemployment rate fell two-tenths of a percentage point to 5.3 percent, the lowest since April 2008. The labor force participation rate, or the share of working-age Americans who are employed or at least looking for a job, fell to 62.6 percent, the weakest since October 1977. The participation rate had touched a four month high of 62.9 percent in May. In addition, average hourly earnings were unchanged, taking the year-on-year increase to 2.0 percent.

European stocks are higher and Asian markets ended mixed.

The national average price of gasoline is up four-tenths of a cent at $2.767 per gallon.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings on 7/14/2015 before the market open.

JPMorgan (JPM) will report earnings on 7/14/2015 before the market open.

Intel (INTC) will report earnings on 7/15/2015 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is down -6.19% year-to-date.

Financial Calendar

0830 ET Jun non-farm payrolls expected +230,000, May +280,000. Jun private payrolls expected +225,000, May +262,000. Jun manufacturing payrolls expected +6,000, May +7,000. Jun unemployment rate expected -0.1 to 5.4%, May +0.1 to 5.5%.

0830 ET Jun avg hourly earnings expected +0.2% m/m and +2.3% y/y, May +0.3% m/m and +2.3% y/y. Jun avg weekly hours all employees expected unch at 34.5 hours.

0830 ET Weekly initial unemployment claims expected -1,000 to 270,000, previous +3,000 to 271,000. Weekly continuing claims expected -11,000 to 2.236 million, previous +22,000 to 2.247 million.

0830 ET USDA weekly Export Sales.

0945 ET Jun New York ISM, May -4.1 to 54.0.

1000 ET May factory orders expected -0.5%, Apr -0.4%. May factory orders ex-transportation, Apr unch.

1100 ET Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $21 billion), and 30-year T-bonds (previous $13 billion) to be auctioned Jul 7-9.

The Dow Market Happenings For Wednesday, July 1, 2015

There are no Dow stocks at 52 week highs include Nike (NKE) and UnitedHealth (UNH) Dow stock 52 week lows include Chevron (CVX) and Wal-Mart (WMT).

The Market

Premarket today, the Dow was indicated to open up +166 points.

Tuesday, the Dow was up +23.16 (+0.13%) at 17,619.51.

Year-to-date the Dow is down -1.14%.

There were 14 Dow stocks up Tuesday.

Dow stock winners Tuesday were led by Disney (DIS) +0.96% and JPMorgan (JPM) +0.83%.

Dow stock losers Tuesday were led by Wal-Mart (WMT) -0.69% and Merck (MRK) -0.63%.

Boeing (BA) was awarded a $358.94 million government contract for the manufacture and delivery of nine United States Navy Full-Rate Production Lot II P-8A aircraft, 16 USN FRP Lot III P-8A aircraft, and four Royal Australian Air Force FRP Lot III P-8A aircraft to the U.S. Navy and the Government of Australia.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down five-tenths of a cent at $2.763 per gallon.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings on 7/14/2015 before the market open.

JPMorgan (JPM) will report earnings on 7/14/2015 before the market open.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is down -14.11% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +1.6% with purchase sub-index +1.2% and refi sib-index +1.8%.

0730 ET Jun Challenger job cuts, May -22.5% y/y.

0815 ET Jun ADP employment change expected +218,000, May +201,000.

0945 ET Final-Jun Markit manufacturing PMI expected unrevised at 53.4, prelim-Jun -0.6 to 53.4.

1000 ET May construction spending expected +0.4% m/m, Apr +2.2% m/m.

1000 ET Jun ISM manufacturing index expected +0.4 to 53.2, May +1.3 to 52.8. Jun ISM new orders sub index, May +2.3 to 55.8. Jun ISM employment sub-index, May +3.4 to 51.7. Jun prices paid sub-index expected +1.5 to 51.0, May +9.0 to 49.5.
1030 ET EIA Weekly Petroleum Status Report.

n/a Jun total vehicle sales expected 17.20 million, May 17.71 million. Jun domestic vehicle sales expected 13.60 million, May 13.95 million.

DJIA Market Happenings For Tuesday, June 30, 2015

There are no Dow stocks at 52 week highs include Nike (NKE) and UnitedHealth (UNH) Dow stock 52 week lows include Chevron (CVX), Dupont (DD) and Wal-Mart (WMT).

The Market

Premarket today, the Dow was indicated to open dup +90 points.

Monday, the Dow was down -350.33 (-1.95%) at 17,596.35.

Year-to-date the Dow is down -1.27%.

All 30 Dow stocks were down Monday.

Dow stock losers Monday were led by Dupont (DD) -2.99%, Visa (V) -2.95%, Boeing (BA) -2.63%, Cisco (CSCO) -2.62% and American Express (AXP) -2.60%.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down five-tenths of a cent at $2.768 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Pfizer (PFE)

Pfizer (PFE) is up +7.83% year-to-date.

Financial Calendar

0900 ET Jun Milwaukee ISM, May -0.38 to 47.70.

0900 ET Apr S&P/CaseShiller composite-20 home price index expected +0.80% m/m and +5.50% y/y, Mar +0.95% m/m and +5.04% y/y.

0945 ET Jun Chicago PMI expected +3.8 to 50.0, May -6.1 to 46.2.

1000 ET Jun consumer confidence (Conference Board) expected +2.0 to 97.4, May +1.1 to 95.4.

1200 ET USDA Q2 Quarterly Stocks and Acreage report.

The Dow Market Happenings For Monday, June 29, 2015

There are no Dow stocks at 52 week highs include Nike (NKE) and UnitedHealth (UNH) Dow stock 52 week lows include Chevron (CVX).

The Market

Premarket today, the Dow was indicated to open down -247 points.

Friday, the Dow was up +56.32 (+0.31%) at 17,946.68.

Year-to-date the Dow is up +0.69%.

There were 19 Dow stocks up Friday

Dow stock winners Friday were led by Nike (NKE) +4.27% and McDonald’s (MCD) +1.57%.

Dow stock losers Friday were led by Intel (INTC) -3.03% and Microsoft (MSFT) -0.85%.

Banks in Greece will not open on Monday as officials scrambled to prevent the country’s financial system from collapsing in panic.

JPMorgan Chase (JPM) downgraded to Perform from Outperform at Oppenheimer.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.773 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is up +14.10% year-to-date.

Financial Calendar

1000 ET May pending home sales expected +1.4% m/m and +11.6% y/y, Apr +3.4% m/m and +13.4% y/y.

1030 ET Jun Dallas Fed manufacturing outlook expected +4.8 to -16.0, May -4.8 to -20.8.

1100 ET USDA weekly grain export inspections.

1600 ET USDA weekly crop progress.

DJIA Market Happenings For Friday, June 26, 2015

There are no Dow stocks at 52 week highs include Disney (DIS). Dow stock 52 week lows include Chevron (CVX).

The Market

Premarket today, the Dow was indicated to open up +46 points.

Thursday, the Dow was down – 75.71 (-0.42%) at 17,890.36.

Year-to-date the Dow is up +0.38%.

There were 5 Dow stocks up Thursday

Dow stock winners Thursday were led by UniedHealth (UNH) +2.65% and Disney (DIS) +0.60%

Dow stock losers Thursday were led by Caterpillar (CAT) -1.64% and American Express (AXP) -1.07%.

Nike (NKE) gained 3% in after-hours trading after it reported Q4 EPS of 98 cents, well above consensus of 83 cents.

UnitedHealth (UNH) was upgraded to ‘Buy’ from ‘Neutral’ at Sterne Agee CRT.

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up two-tenths of a cent at $2.783 per gallon.

Earnings Reports.

Nike (NKE) will report earnings on 6/25/2015 after the market close.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) is down -1.72% year-to-date.

Financial Calendar

1000 ET Final-Jun U.S. consumer sentiment (University of Michigan) expected unch at 94.6, early-June +3.9 to 94.6.

1500 ET USDA Q2 Hogs & Pigs.