The Dow Market Happenings For Wednesday, April 19, 2017

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

The Market

Premarket today, the Dow was indicated to open up +32 points.

Tuesday the Dow was down -113.64 (-0.55%) at 20,523.28.

Year-to-date the Dow is up +3.85%.

There were 13 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Coca Cola (KO) +0.95% and UnitedHealth (UNH) +0.84%.

The Dow stock losers Tuesday were led by Goldman Sachs (GS) -4.72% and Johnson & Johnson (JNJ) -3.10%.

International Business Machines (IBM -0.61%) dropped 4% in after-hours trading after it reported Q1 revenue of $18.2 billion, below consensus of $18.4 billion and the 20th straight quarterly revenue decline.

European stocks are mostly higher and Asian markets ended mostly lower.

The national average price of gasoline is up three-tenths of a cent at $2.409 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reports earnings on 4/19/2017 after the market close.

Travelers (TRV) reports earnings on 4/20/2017 before the market open.

Verizon (VZ) reports earnings on 4/20/2017 before the market open.

General Electric (GE) reports earnings on 4/21/2017 before the market open.

3M (MMM) reports earnings on 4/25/2017 before the market open.

Caterpillar (CAT) reports earnings on 4/25/2017 before the market open.

Dupont (DD) reports earnings on 4/25/2017 before the market open.

Coca Cola (KO) reports earnings on 4/25/2017 before the market open.

McDonald’s (MCD) reports earnings on 4/25/2017 before the market open.

Boeing (BA) reports earnings on 4/26/2017 before the market open.

United Technologies (UTX) reports earnings on 4/26/2017 before the market open.

Procter & Gamble (PG) reports earnings on 4/26/2017 before the market open.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

Dupont (DD)

Dupont (DD) is up +6.10% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +1.5% with purchase sub-index +2.9% and refi sub-index unch.

1030 ET EIA Weekly Petroleum Status Report.

1200 ET Boston Fed President Eric Rosengren (non-voter) speaks at a conference at the Levy Economics Institute of Bard College.

1400 ET Fed Beige Book.

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