The Dow Market Happenings For Wednesday, February 7, 2018

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include General Electric (GE).

The Market

Premarket today, the Dow was indicated to open down -110 points.

Tuesday the Dow was up +567.02 (+2.33%) at 24,912.77.

Year-to-date the Dow is up +0.78%.

There were 26 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by DowDupont (DWDP) +5.97% and Home Depot (HD) +4.33%.

The Dow stock losers Tuesday were led by Exxon Mobil (XOM) -1.72% and Merck (MRK) -1.67%.

Walt Disney (DIS +1.40%) rose over 2% in after-hours trading after it reported Q1 adjusted EPS of $1.89, better than consensus of $1.61.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is unchanged at $2.605 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) reported earnings on 1/17/2018 before the market open of -$5.51 (includes tax loss), missing estimates calling for $5.064 per share.

American Express (AXP) reported earnings on 1/18/2017 after the market close of -$1.41, missing estimates calling for $1.564 per share.

IBM (IBM) reported earnings on 1/18/2018 after the market close of $5.01, missing estimates calling for $5.191 per share.

Johnson & Johnson (JNJ) reported earnings on 1/23/2018 before the market open of $1.19, beating estimates of $1.166 per share.

Procter & Gamble reports earnings on 1/23/2018 before the market open of $1.74, missing estimates calling for $1.757 per share.

Verizon (VZ) reported earnings on 1/23/2018 before the market open of $0.86, missing estimates of $0.887 per share.

Travelers (TRV) reported earnings on 1/23/2018 before the market open of $2.28, handily beating estimates calling for $1.657 per share.

General Electric (GE) reported earnings on 1/24/2018 before the market open of -$0.35, missing estimates calling for $0.282 per share.

United Technologies (UTX) reported earnings on 1/24/2018 before the market open of $1.60, meeting estimates of $1.597 per share.

Caterpillar (CAT) reported earnings on 1/25/2018 before the market open of $2.16, beating estimates calling for $1.827 per share.

Intel (INTC) reported earnings on 1/25/2018 after the market close of $1.08, beating estimates calling for $0.891 per share.

3M (MMM) reporte earnings on 1/25/2018 before the market open of $2.10, beating estimates of $2.052 per share.

Pfizer (PFE) reported earnings on 1/30/2018 before the market open of $0.62, beating estimates of $0.583 per share.

McDonald’s (MCD) reported earnings on 1/30/2018 before the market open of $0.87, missing estimates calling for $1.616 per share.

Microsoft (MSFT) reports earnings on 1/31/2018 after the close of $0.96, beating estimates of $0.895 per share.

Boeing (BA) reported earnings on 1/31/2018 before the market open of $4.80, beating estimates calling for $2.951 per share.

DowDupont (DWDP) reported earnings on 2/1/2018 before the market open of $0.83.

Apple (AAPL) reported earnings on 2/1/2018 after the market close of $3.89, beating estimates of $3.839 per share.

Visa (V) reported earnings on 2/1/2018 after the market close of $1.08, beating estimates of $1.007 per share.

Chevron (CVX) reported earnings on 2/2/2018 before the market open of $1.64, beating estimates of $1.306 per share.

Exxon Mobil (XOM) reported earnings on 2/2/2018 before the market open of $1.97, beating estimates of $1.092 per share.

Merck (MRK) reports earnings on 2/2/2018 before the market open of $0.98, beating estimates of $0.97 per share.

Disney (DIS) reported earnings on 2/6/2018 after the market close of $1.89, beating estimates calling for $1.633 per share.

Cisco (CSCO) reports earnings on 2/14/2018 after the market close.

Coca Cola (KO) reports earnings on 2/16/2018 before the market open.

Home Depot (HD) reports earnings on 2/20/2018 at an unspecified time.

Wal-Mart (WMT) reports earnings on 2/20/2018 at an unspecified time.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) is down -6.40% year-to-date.

Financial Calendar

11:00 FOMC Member Kaplan Speaks

12:00 MBA 30-Year Mortgage Rate, 4.50%, 4.41%

12:00 MBA Mortgage Applications (WoW), 0.7%, -2.6%

12:00 MBA Purchase Index, 255.4, 255.5

12:00 Mortgage Market Index, 416.3, 413.4

12:00 Mortgage Refinance Index, 1,299.3, 1,288.0

13:30 FOMC Member Dudley Speaks

15:15 Chicago Fed President Evans Speaks

15:30 Crude Oil Inventories, 3.189M, 6.776M

15:30 Crude Oil Imports, 0.035M

15:30 Cushing Crude Oil Inventories, -2.224M

15:30 Distillate Fuel Production, -0.214M

15:30 EIA Weekly Distillates Stocks, -1.419M, -1.940M

15:30 Gasoline Production, 0.209M

15:30 Heating Oil Stockpiles, -0.021M

15:30 Gasoline Inventories , 0.459M, -1.980M

18:00 10-Year Note Auction, 2.579%

20:00 Consumer Credit (Dec), 19.30B 27.95B

22:20 FOMC Member Williams Speaks

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.