The Dow Market Happenings For Tuesday, January 16, 2018

Dow stocks at 52 week highs include Apple (AAPL), Boeing (BA), Caterpillar (CAT), Cisco (CSCO), Chevron (CVX), Home Depot (HD), Johnson & Johnson (JNJ), JPMorgan (JPM), 3M (MMM), Microsoft (MSFT), United Technologies (UTX) and Exxon Mobil (XOM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +173 points.

Friday the Dow was up +228.46 (+0.89%) at 25,803.19.

Year-to-date the Dow is up +4.39%.

There were 24 Dow stocks up Friday.

The Dow stock winners Friday were led by Boeing (BA) +2.47% and Cisco (CSCO) +1.92%.

The Dow stock losers Friday were led by General Electric (GE) -1.37% and IBM (IBM) -0.65%.

General Electric (GE) will take a $6.2 billion charge for the fourth quarter as the manufacturing behemoth grapples with lingering problems in a legacy insurance business.

European stocks are mostly higher and Asian markets ended higher.

The national average price of gasoline is up one-tenth of a cent at $2.530 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 12/21/17 after the market close of $0.46, beating estimates of $0.437 per share.

JPMorgan (JPM) reported earnings on 1/12/2018 before the market open of $1.07, missing estimates calling for $1.726 per share.

UnitedHealth (UNH) reported earnings on 1/16/2018 before the market open of $2.59, beating estimates of $2.559 per share.

Goldman Sachs (GS) reports earnings on 1/17/2018 at an unspecified time.

American Express (AXP) reports earnings on 1/18/2017 after the market close.

IBM (IBM) reports earnings on 1/18/2018 after the market close.

Johnson & Johnson (JNJ) reports earnings on 1/23/2018 at an unspecified time.

Procter & Gamble reports earnings on 1/23/2018 before the market open.

Verizon (VZ) reports earnings on 1/23/2018 at an unspecified time.

Travelers (TRV) reports earnings on 1/23/2018 before the market open.

General Electric (GE) reports earnings on 1/24/2018 before the market open.

United Technologies (UTX) reports earnings on 1/24/2018 before the market open.

Caterpillar (CAT) reports earnings on 1/25/2018 before the market open.

Intel (INTC) reports earnings on 1/25/2018 after the market close.

3M (MMM) reports earnings on 1/25/2018 at an unspecified time.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is up +4.25% year-to-date.

Financial Calendar

0830 ET Jan Empire manufacturing survey general business conditions expected +1.0 to 19.0, Dec -1.4 to 18.0.

1100 ET USDA weekly grain export inspections.

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