The Dow Market Happenings For Wednesday, May 15, 2019

Dow stocks at 52 week highs include Travelers (TRV). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -213 points.

Tuesday the Dow was up +207.06 (+0.82%) at 25,532.05.

Year-to-date the Dow is up +9.45%.

There were 25 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Dow (DOW) +3.00%, Visa (V) +1.83% and Caterpillar (CAT) +1.73%.

The Dow stock losers Tuesday were led by UnitedHealth (UNH) -1.30%, McDonald’s (MCD) -0.51% and Procter & Gamble (PG) -0.48%.

Boeing (BA) reportedly didn’t receive a single order for the 737 Max last month. The plane maker last month also didn’t receive orders for other popular aircraft like the 787 Dreamliner or the 777.

China’s economy shows more signs of slowing. Retail sales in April grew at their slowest annual pace since May 2003, while industrial output and fixed-asset investment also weakened.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is up two-tenths of a cent at $2.862 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/2019 after the market close of $0.68, beating estimates of $0.662 per share.

Walgreens (WBA) reported earnings on 4/2/2019 before the market open of $1.64, missing estimates calling for $1.732 per share.

JPMorgan (JPM) reported earnings on 4/12/201 before the market open of $2.65, beating estimates calling for $2.337 per share.

Goldman Sachs (GS) reports earnings on 4/15/201 before the market open of $5.71, beating estimates calling for $5.243 per share.

Johnson & Johnson (JNJ) reported earnings on 4/16/201 before the market open of $2.10, beating estimates of $2.064 per share.

UnitedHealth (UNH) reported earnings on 4/16/201 before the market open of $3.73, beating estimates calling for $3.63 per share.

IBM (IBM) reported earnings on 4/16/2019 after the market close of $2.25, missing estimates of $2.271 per share.

American Express (AXP) reported earnings on 4/18/201 before the market open of $2.01, essentially meeting estimates of $2.014 per share.

Travelers (TRV) reported earnings on 4/18/201 before the market open of $2.83, beating estimates calling for $2.678 per share.

Coca Cola (KO) reported earnings on 4/23/201 before the market open of $0.48, beating estimates of $0.473 per share.

Procter & Gamble (PG) reported earnings on 4/23/201 before the market open of $1.06, meeting estimates of $1.06 per share.

United Technologies (UTX) reported earnings on 4/23/201 before the market open of $1.91, beating estimates calling for $1.825 per share.

Verizon (VZ) reported earnings on 4/23/201 after the market close of $1.20, beating estimates of $1.191 per share.

Boeing (BA) reported earnings on 4/24/201 before the market open of $3.16, missing estimates calling for $3.291 per share.

Caterpillar (CAT) reported earnings on 4/24/201 before the market open of $2.94, beating estimates of $2.856 per share.

Microsoft (MSFT) reported earnings on 4/24/2019 after the market close of $1.14, beating estimates of $1.051 per share.

Visa (V) reported earnings on 4/24/2019 after the market close of $1.31, beating estimates of $1.281 per share.

3M (MMM) reported earnings on 4/25/201 before the market open of $2.23, missing estimates calling for $2.519 per share.

Intel (INTC) reported earnings on 4/25/2019 after the market close of $0.89, missing estimates of $0.913 per share.

Chevron (CVX) reported earnings on 4/26/201 before the market open of $1.39, missing estimates of $1.421 per share.

Exxon Mobil (XOM) reported earnings on 4/26/201 before the market open of $0.55, missing estimates calling for $0.919 per share.

McDonald’s (MCD) reported earnings on 4/30/201 before the market open of $1.72, missing estimates of $1.785 per share.

Merck (MRK) reported earnings on 4/30/201 before the market open of $1.22, beating estimates of $1.075 per share.

Pfizer (PFE) reported earnings on 4/30/201 before the market open of $0.85, beating estimates of $0.782 per share.

Apple (AAPL) reported earnings on 4/30/2019 after the market close of $2.46, meeting estimates calling for $2.46 per share.

Dow (DOW) reported earnings on 5/2/2019 before the market open of $0.84, beating estimates calling for $0.62 per share.

Disney (DIS) reported earnings on 5/8/2019 after the market close of $1.61, missing estimates of $1.664 per share.

Cisco (CSCO) reports earnings on 5/15/2019 after the market close.

Walmart (WMT) reports earnings on 5/16/2019 before the market open.

Home Depot (HD) reports earnings on 5/16/2019 before the market open.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) is up +6.02% year-to-date.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:30 AM ET Retail Sales

8:30 AM ET Empire State Mfg Survey

8:30 AM ET CPI

9:15 AM ET Industrial Production

10:00 AM ET Atlanta Fed Business Inflation Expectations

10:00 AM ET Business Inventories

10:00 AM ET Housing Market Index

10:30 AM ET EIA Petroleum Status Report

4:00 PM ET Treasury International Capital

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