The Dow closed up +84.79 (+0.63%) at 13,596.02.
There were 23 Dow stocks up today, led by INTC (+2.58%), HD, DIS, VZ and UNH.
That leaves 7 Dow losers, led by BAC (-4.24%), JPM, HPQ, WMT, CSCO and T.
After it’s recent Dreamliner problems, somehow Boeing (BA) made it to the winners list today, up +1.24%.
It was a good up day. Hopefully, we will just keep climbing that wall of worry.
Intel (INTC) reported revenues of $13.5 billion, a 2.8 percent drop from the same period last year. Net income fell 22.62 percent to $2.6 billion, or $0.48 per diluted share. Estimates were for earnings of $0.45 per share and revenue of $13.53 billion.
UnitedHealth earned $1.24 billion, or $1.20 per share. That compares with $1.26 billion, or $1.17 per share, in the last quarter of 2011, when the company had more shares outstanding. Total revenue climbed 11 percent to $28.77 billion, but medical costs grew 12 percent to $20.8 billion. Estimates were for earnings of $1.20 per share on $28.23 billion in revenue.
American Express reported net income of $637 million, or 56 cents per share. That compares with net income of $1.2 billion, or $1.01 per share, in the same period last year. Excluding the after-tax charges, American Express’ earnings amounted to $1.09 per share. Analysts expected adjusted earnings of $1.06 per share. Revenue for the quarter grew 5 percent to $8.14 billion, in line with forecasts.
Tomorrow morning GE reports earnings.