Dow stocks at 52 week highs include Intel (INTC), JPMorgan (JPM) and Visa (V). There are no Dow stock 52 week lows.
Premarket, the Dow was indicated to open down -33 points.
Wednesday, the Dow closed up +108.08 (+0.66%) at 16,481.94.
Year-to-date the Dow is down -0.57%.
Goldman Sachs said its fourth-quarter profit dropped 21 percent as revenue from mortgages and trading in bonds and other securities weakened. Goldman earned $2.25 billion in the October-December quarter after paying dividends on preferred shares, down from $2.83 billion in the same period a year earlier. That’s $4.60 per share, down from $5.60 per share a year earlier. Results were well above the analysts’ expectations of $4.18 per share. Revenue slipped 5 percent to $8.78 billion, but exceeded analysts’ forecast of $7.72 billion.
UnitedHealth Group (UNH) reported Q4 EPS of $1.41, right on expectations.
European stocks are mixed and Asian stocks ended mixed.
The national average price of gasoline is down four-tenths of a cent to $3.302 per gallon.
JPMorgan (JPM) reported earnings on 1/14/14 of $1.40/share before the market open.
Goldman Sachs (GS) reported earnings on 1/16/14 of $4.60/share before the market open beating consensus of $4.18/share.
American Express (AXP) reports earnings on 1/16/14 after the market close.
Intel (INTC) reports earnings on 1/15/14 after the market close.
United Health (UNH) reports earnings on 1/16/14 before the market open.
General Electric wil report earnings on 1/17/14 before the market open.
Johnson & Johnson (JNJ) will report earnings on 1/21/14 before the market open.
Travelers (TRV) will report earnings on 1/21/14 before the market open.
Verizon (VZ) will report earnings on 1/21/14 before the market open.
International Business Machines (IBM) will report earnings on 1/21/14 after the market close.
United Technologies will report earnings on 1/22/14 before the market open.
McDonalds (MCD) will report earnings on 1/223/14 before the market open.
Microsoft (MSFT) will report earnings on 1/23/14 after the market close.
Procter & Gamble (PG) will report earnings on 1/24/14 before the market open.
Caterpillar (CAT) will report earnings on 1/27/14 before the market open.
Dupont (DD) reports earnings on 1/28/14 before the open.
General Electric (GE) reports earnings on 1/28/14 before the open.
Pfizer (PFE) reports earnings on 1/28/14 before the open.
AT&T (T) reports earnings on 1/28/14 after the market close.
Boeing (BA) reports earnings on 1/29/14 before the market open.
Earnings reports from Thursday include:
Bank of America (BAC) reported EPS of $0.29—ahead of the $0.26 consensus estimate. Revenue of $21.7 billion was higher than the $21.24 billion consensus estimate.
Other stocks expected to report earnings today include:
American Express (AXP) is expected to report fourth-quarter earnings of $1.25 per share on revenue of $8.55 billion.
Intel (NTC) is expected to report EPS of $0.52 per share on revenue of $13.72 billion.
Capital One (COF) reports Q4 earnings after the bell today. Analysts expect $1.55 per share on revenue of $5.46 billion.
Today’s Featured Dow Stock
Walt Disney Co. (DIS) is down -2.77% year-to-date.
0830 ET Weekly initial unemployment claims expected -2,000 to 328,000, previous -15,000 to 330,000. Weekly continuing claims expected -15,000 to 2.850 million, previous +50,000 to 2.865 million.
0830 ET Dec CPI expected +0.3% m/m and +1.5% y/y, Nov unch m/m and +1.2% y/y. Dec CPI ex food & energy expected +0.1% m/m and +1.7% y/y, Nov +0.2% m/m and +1.7% y/y.
0830 ET USDA weekly Export Sales.
0915 ET San Francisco Fed President John Williams presents a paper titled Monetary Policy at eh Zero Lower Bound: Putting Theory into Practice; and panel discussion on Quantitative Easing and Forward Guidance.
1000 ET Jan Philadelphia Fed manufacturing index expected +2.2 to 8.6, Dec -2.8 to 6.4.
1000 ET Jan NAHB housing market index expected unch at 58, Dec +4 to 58.
1100 ET Treasury announces amount of 10-year TIPS to be auctioned on Jan 23 (previous $13 billion).
1110 ET Fed Chairman Ben Bernanke and San Francisco Fed President John Williams speak at an event titled The Fed Yesterday, Today and Tomorrow at the Brookings Institute.