The Dow Market Happenings For Wednesday, April 27, 2016

There are no Dow stocks at 52 week highs.There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -43 points.

Tuesday the Dow was up +13.08 (+0.07%) at 17,990.32.

Year-to-date the Dow is up +3.24%.

There were 17 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Dupont (DD) +2.40% and Boeing (BA) +1.90%.

The Dow stock losers Tuesday were led by Procter & Gamble (PG) -2.28% and 3M (MMM) -1.31%.

Apple (AAPL -0.69%) dropped more than 7% in premarket trading after it forecast Q3 revenue of $41 billion-$43 billion, weaker than consensus of $47.35 billion and below the lowest estimate of $43.95 billion.

The Fed makes its announcement today.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is up 1.1 cents at $2.152 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/13/2016 before the market open of $1.35, beating estimates of $1.259 per share.

IBM (IBM) reported earnings on 4/18/2016 after the market open of $2.35, beating estimates of $2.085 per share.

Goldman Sachs (GS) reported earnings on 4/19/2016 before the market open of $2.68, beating estimates for $2.566 per share.

Intel (INTC) reported earnings on 4/19/2016 after the market open of $0.54, beating estimates for $0.47 per share.

Johnson & Johnson (JNJ) reported earnings on 4/19/2016 before the market open of $1.72, beating estimates for $1.639 per share.

UnitedHealth (UNH) reported earnings on 4/19/2016 before the market open of $1.81, beating estimates for $1.721 per share.

Coca Cola (KO) reported earnings on 4/20/2016 before the market open of $0.45, beating estimates of $0.44 per share.

American Express (AXP) reported earnings on 4/20/2016 after the market close of $1.45, beating estimates of $1.355 per share.

Travelers (TRV) reports earnings on 4/21/2016 before the market open.

Verizon (VZ) reports earnings on 4/21/2016 before the market open.

Microsoft (MSFT) reports earnings on 4/21/2016 after the market open.

Visa (V) reports earnings on 4/21/2016 after the market open.

Caterpillar (CAT) reports earnings on 4/22/2016 before the market open.

General Electric (GE) reports earnings on 4/22/2016 before the market open.

McDonald’s reports earnings on 4/22/2016 before the market open.

Apple (AAPL) reported earnings on 4/25/2016 after the market close of $1.90, missing estimates calling for $1.97 per share.

3M (MMM) reported earnings on 4/26/2016 before the market open of $2.05, beating estimates of $1.924 per share..

Dupont (DD) reports earnings on 4/26/2016 before the market open.

Procter & Gamble (PG) reported earnings on 4/26/2016 before the market open of $0.89, beating estimates of $0.81 per share..

Boeing (BA) reported earnings on 4/27/2016 before the market open of $1.74, missing estimates calling for $1.806 per share.

United Technologies (UTX) reported earnings on 4/27/2016 before the market open of $1.47, beating estimates of $1.387 per share.

Chevron (CVX) reports earnings on 4/29/2016 before the market open.

Exxon Mobil (XOM) reports earnings on 4/29/2016 before the market open.

Pfizer (PFE) reports earnings on 5/3/2016 before the market open.

Merck (MRK) reports earnings on 5/5/2016 before the market open.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is down -0.18% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +1.3% with purchase sub-index -0.5% and refi sub-index +2.6%.

1000 ET Mar pending home sales expected +0.5% m/m and +0.8% y/y, Feb +3.5% m/m and +5.1% y/y.

1030 ET EIA Weekly Petroleum Status Report.

1400 ET FOMC announces interest rate decision.

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