The Dow Market Happenings For Thursday, July 18, 2019

Dow stocks at 52 week highs include McDonald’s (MCD). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -87 points.

Wednesday the Dow was down -115.78 (-0.42%) at 27,219.85.

Year-to-date the Dow is up +16.69%.

There were 6 Dow stocks up Wednesday.

The Dow stock winners Tuesday were led by Boeing (BA) +1.87%, UnitedHealth (UNH) +0.75% and Intel (INTC) +0.45%.

The Dow stock losers Tuesday were led by Caterpillar (CAT) -2.42%, United Technologies (UTX) -2.32% and Walgreens (WBA) -2.31%.

UnitedHealth (UNH) earnings rose 15% to $3.60 a share and revenue climbed 8% to $60.59 billion.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down three-tenths of a cent at $2.790 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.

Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.

Goldman Sachs (GS) reported earnings on 7/16/2019 before the market open of $5.81, beating estimates of $5.149 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2019 before the market open of $2.58, beating estimates of $2.436 per share.

JPMorgan (JPM) reported earnings on 7/16/2019 before the market open of $2.82, beating estimates of $2.568 per share.

IBM (IBM) reported earnings on 7/17/2019 after the market close of $3.17, beating estimates of $3.078 per share.

UnitedHealth (UNH) reported earnings on 7/18/2019 before the market open of $3.60, beating estimates of $3.528 per share.

Microsoft (MSFT) reports earnings on 7/18/2019 after the market close.

American Express (AXP) reports earnings on 7/19/2019 before the market open.

Coca Cola (KO) reports earnings on 7/23/2019 before the market open.

Travelers (TRV) reports earnings on 7/23/2019 before the market open.

United Technologies (UTX) reports earnings on 7/23/2019 before the market open.

Visa (V) reports earnings on 7/23/2019 after the market close.

Boeing (BA) reports earnings on 7/24/2019 before the market open.

Caterpillar (CAT) reports earnings on 7/24/2019 before the market open.

3M (MMM) reports earnings on 7/25/2019 before the market open.

Dow (DOW) reports earnings on 7/25/2019 before the market open.

Intel (INTC) reports earnings on 7/25/2019 after the market close.

McDonald’s (MCD) reports earnings on 7/26/2019 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/2019 before the market open.

Pfizer (PFE) reports earnings on 7/30/2019 before the market open.

Apple (AAPL) reports earnings on 7/30/2019 after the market close.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) is up +1.78% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

8:30 AM ET Philadelphia Fed Business Outlook Survey

10:00 AM ET Leading Indicators

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

DJIA Market Happenings For Wednesday, July 17, 2019

Dow stocks at 52 week highs include American Express (AXP), Cisco (CSCO), Coca Cola (KO), McDonald’s (MCD), Procter & Gamble (PG), Travelers (TRV) and Walmart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -21 points.

Tuesday the Dow was down -23.53 (-0.09%) at 27,335.63.

Year-to-date the Dow is up +17.18%.

There were 10 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Dow (DOW) +2.73%, 3M (MMM) +2.11% and Goldman Sachs (GS) +1.86%.

The Dow stock losers Tuesday were led by Intel (INTC) -1.90%, Johnson & Johnson (JNJ) -1.64% and Exxon Mobil (XOM) -1.49%.

Goldman Sachs raised its Apple (AAPL) price target to $187 per share, up from $171. Apple closed Tuesday at $204.50 per share, roughly 9.4% higher than Goldman’s revised target. Goldman attributed the boost to updated calculations that reflect the S&P 500′s price-to-earnings ratio.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is unchanged at $2.793 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.

Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.

Goldman Sachs (GS) reported earnings on 7/16/2019 before the market open of $5.81, beating estimates of $5.149 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2019 before the market open of $2.58, beating estimates of $2.436 per share.

JPMorgan (JPM) reported earnings on 7/16/2019 before the market open of $2.82, beating estimates of $2.568 per share.

IBM (IBM) reports earnings on 7/17/2019 after the market close.

UnitedHealth (UNH) reports earnings on 7/18/2019 before the market open.

Microsoft (MSFT) reports earnings on 7/18/2019 after the market close.

American Express (AXP) reports earnings on 7/19/2019 before the market open.

Coca Cola (KO) reports earnings on 7/23/2019 before the market open.

Travelers (TRV) reports earnings on 7/23/2019 before the market open.

United Technologies (UTX) reports earnings on 7/23/2019 before the market open.

Visa (V) reports earnings on 7/23/2019 after the market close.

Boeing (BA) reports earnings on 7/24/2019 before the market open.

Caterpillar (CAT) reports earnings on 7/24/2019 before the market open.

3M (MMM) reports earnings on 7/25/2019 before the market open.

Dow (DOW) reports earnings on 7/25/2019 before the market open.

Intel (INTC) reports earnings on 7/25/2019 after the market close.

McDonald’s (MCD) reports earnings on 7/26/2019 before the market open.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is up +6.24% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:30 AM ET Housing Starts

10:30 AM ET EIA Petroleum Status Report

2:00 PM ET Beige Book

The Dow Market Happenings For Tuesday, July 16, 2019

Dow stocks at 52 week highs include American Express (AXP), Cisco (CSCO), Home Depot (HD), Microsoft (MSFT), Procter & Gamble (PG), Travelers (TRV) and Walmart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +15 points.

Monday the Dow was up +27.13 (+0.10%) at 27,359.16.

Year-to-date the Dow is up +17.28%.

There were 22 Dow stocks up Monday.

The Dow stock winners Monday were led by Dow (DOW) +2.45%, Merck (MRK) +1.54% and Apple (AAPL) +0.94%.

The Dow stock losers Monday were led by JPMorgan (JPM) -1.21%, Goldman Sachs (GS) -1.10% and Boeing (BA) -1.02%.

Goldman Sachs (GS) reported better-than-expected financial results for the second quarter of 2019 as equity sales-and-trading revenue beat analysts forecasts. The firm also exceeded consensus estimates for overall revenue and earnings per share. Revenue was $9.46 billion, versus $8.8 billion expected. Earnings per share was $5.81, versus $4.93 expected. Equities sales & trading revenue was $2.01 billion, versus $1.79 billion estimated by analysts. Fixed income sales and trading revenue was $1.47 billion, versus $1.58 billion expected.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is up one-tenth of a cent at $2.793 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.

Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.

Goldman Sachs (GS) reported earnings on 7/16/2019 before the market open of $5.81, beating estimates of $5.149 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2019 before the market open of $2.58, beating estimates of $2.436 per share.

JPMorgan (JPM) reported earnings on 7/16/2019 before the market open of $2.82, beating estimates of $2.568 per share.

IBM (IBM) reports earnings on 7/17/2019 after the market close.

UnitedHealth (UNH) reports earnings on 7/18/2019 before the market open.

Microsoft (MSFT) reports earnings on 7/18/2019 after the market close.

American Express (AXP) reports earnings on 7/19/2019 before the market open.

Coca Cola (KO) reports earnings on 7/23/2019 before the market open.

Travelers (TRV) reports earnings on 7/23/2019 before the market open.

United Technologies (UTX) reports earnings on 7/23/2019 before the market open.

Visa (V) reports earnings on 7/23/2019 after the market close.

Boeing (BA) reports earnings on 7/24/2019 before the market open.

Caterpillar (CAT) reports earnings on 7/24/2019 before the market open.

3M (MMM) reports earnings on 7/25/2019 before the market open.

Dow (DOW) reports earnings on 7/25/2019 before the market open.

Intel (INTC) reports earnings on 7/25/2019 after the market close.

McDonald’s (MCD) reports earnings on 7/26/2019 before the market open.

Today’s Featured Dow Stock

United Technologies (UTX)

United Technologies (UTX) is up +25.12% year-to-date.

Financial Calendar

8:30 AM ET Retail Sales

8:30 AM ET Import and Export Prices

8:55 AM ET Redbook

9:15 AM ET Industrial Production

10:00 AM ET Business Inventories

10:00 AM ET Housing Market Index

4:00 PM ET Treasury International Capital