DJIA Market Happenings For Monday, October 24, 2016

Dow stocks at 52 week highs include Microsoft (MSFT).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +89 points.

Friday the Dow was down -16.64 (-0.09%) at 18,145.71.

Year-to-date the Dow is up +4.14%.

There were 10 Dow stocks up Friday.

The Dow stock winners Friday were led by Microsoft (MSFT) +4.21% and McDonald’s (MCD) +3.04%.

The Dow stock losers Friday were led by Verizon (VZ) -1.91% and IBM (IBM) -1.25%.

Verizon Communications (VZ -1.91%) was upgraded to ‘Buy’ from ‘Hold’ at Drexel Hamilton LLC with a 12-month target price of $54.

European stocks are mostly higher and Asian markets ended higher.

The national average price of gasoline is up one-tenth of a cent at $2.223 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/27/2016 after the market close of $0.73, beating consensus of $0.556 per share.

JPMorgan (JPM) reported earnings on 10/17/2016 before the market open of $1.58, beating estimates calling for $1.401 per share..

IBM (IBM) reports earnings on 10/17/2016 after the market close.

Goldman Sachs (GS) reported earnings on 10/18/2016 before the market open of $4.88, crushing estimates calling for $3.855 per share.

Johnson & Johnson (JNJ) reported earnings on 10/18/2016 before the market open of $1.68, beating estimates for $1.646 per share.

Intel (INTC) reports earnings on 10/18/2016 before the market open.

UnitedHealth (UNH) reported earnings on 10/18/2016 before the market open of $2.17, beating estimates of $2.077 per share.

American Express (AXP) reported earnings on 10/19/2016 after the market close of $1.24, beating estimates of $0.963 per share.

Microsoft (MSFT) reported earnings on 10/20/2016 after the market close of $0.76, beating estimates of $0.678 per share.

Verizon (VZ) reported earnings on 10/20/2016 before the market open of $1.01, beating estimates of $0.992 per share.

Travelers (TRV) reported earnings on 10/20/2016 before the market open of $2.40, beating estimates of $2.374 per share.

General Electric (GE) reported earnings on 10/21/2016 before the market open of $0.32, Beating estimates of $0.305 per share.

McDonald’s (MCD) reported earnings on 10/21/2016 before the market open of $1.50, beating estimates of $1.483 per share.

Visa (V) reports earnings on 10/24/2016 before the market open.

Apple (AAPL) reports earnings on 10/25/2016 after the market close.

Procter & Gamble (PG) reports earnings on 10/25/2016 before the market open.

Merck (MRK) reports earnings on 10/25/2016 before the market open.

3M (MMM) reports earnings on 10/25/2016 before the market open.

United Technologies (UTX) reports earnings on 10/25/2016 before the market open.

Dupont (DD) reports earnings on 10/25/2016 before the market open.

Caterpillar (CAT) reports earnings on 10/25/2016 before the market open.

Coca Cola (KO) reports earnings on 10/26/2016 before the market open.

Boeing (BA) reports earnings on 10/26/2016 before the market open.

Chevron (CVX) reports earnings on 10/28/2016 before the market open.

Exxon Mobil (XOM) reports earnings on 10/28/2016 before the market open.

Pfizer (PFE) reports earnings on 11/1/2016 before the market open.

Disney (DIS) reports earnings on 11/10/2016 after the market close.

Home Depot (HD) reports earnings on 11/15/2016 before the market open.

Cisco (CSCO) reports earnings on 11/16/2016 after the market close.

Wal-Mart (WMT) reports earnings on 11/17/2016 before the market open.

Today’s Featured Dow Stock

Cisco (CSCO) Cisco (CSCO) src="http://finviz.com/chart.ashx?t=CSCO&ty=c&ta=1&p=d&s=l" alt="" width="480px" />

Cisco (CSCO) is up +11.03% year-to-date.

Financial Calendar

0830 ET Sep Chicago Fed national activity index expected +0.42 to -0.13, Aug -0.78 to -0.55.

0900 ET New York Fed President William Dudley (voter) delivers introductory remarks at an event hosted by the New York Fed on the evolving structure of the U.S. Treasury market.

0905 ET St. Louis Fed President James Bullard (voter) delivers remarks on the economy and monetary policy at a research conference of the Association for University Business and Economic Research in Fayetteville, AR.

0945 ET Oct Markit manufacturing PMI expected unchanged at 51.5, Sep -0.5 to 51.5.

1100 ET USDA weekly grain export inspections.

1330 ET Chicago Fed President Charles Evans (non-voter) speaks on economic conditions and monetary policy before the Civic Affairs Society of the University Club of Chicago.

1400 ET Fed Governor Jerome Powell speaks on The Future of Treasury Market Settlement at a New York Fed conference.

1600 ET USDA Weekly Crop Progress.

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