The Dow Market Happenings For Monday, August 5, 2019

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -371 points.

Friday the Dow was down -98.41 (-0.37%) at 26,485.01.

Year-to-date the Dow is up +13.54%.

There were 10 Dow stocks up Friday.

The Dow stock winners Friday were led by Boeing (BA) +1.58%, McDonald’s (MCD) +1.53% and Merck (MRK) +0.93%.

The Dow stock losers Friday were led by Cisco (CSCO) -3.86%, Dow (DOW) -2.67% and Nike (NKE) -2.38%.

The Dow is set to fall more than 300 points Monday morning after China escalated the trade war with the United States. The Chinese government devalued the yuan to fall below its 7-to-1 ratio with the US dollar for the first time in a decade Monday. A weaker currency could soften the blow the United States has dealt China with its tariffs.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is up two-tenths of a cent at $2.710 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.

Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.

Goldman Sachs (GS) reported earnings on 7/16/2019 before the market open of $5.81, beating estimates of $5.149 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2019 before the market open of $2.58, beating estimates of $2.436 per share.

JPMorgan (JPM) reported earnings on 7/16/2019 before the market open of $2.82, beating estimates of $2.568 per share.

IBM (IBM) reported earnings on 7/17/2019 after the market close of $3.17, beating estimates of $3.078 per share.

UnitedHealth (UNH) reported earnings on 7/18/2019 before the market open of $3.60, beating estimates of $3.528 per share.

Microsoft (MSFT) reported earnings on 7/18/2019 after the market close of $1.37, beating estimates of $1.249 per share.

American Express (AXP) reported earnings on 7/19/2019 before the market open of $2.07, meeting estimates of $2.069 per share.

Coca Cola (KO) reported earnings on 7/23/2019 before the market open of $0.63, meeting estimates of $0.629 per share.

Travelers (TRV) reported earnings on 7/23/2019 before the market open of $2.02, missing estimates calling for $2.374 per share.

United Technologies (UTX) reported earnings on 7/23/2019 before the market open of $2.20, beating estimates of $2.082 per share.

Visa (V) reported earnings on 7/23/2019 after the market close of $1.37, beating estimates calling for $1.363 per share.

Boeing (BA) reported earnings on 7/24/2019 before the market open of -$5.82, missing estimates calling for $1.133 per share.

Caterpillar (CAT) reported earnings on 7/24/2019 before the market open of $2.83, missing estimates calling for $3.152 per share.

3M (MMM) reported earnings on 7/25/2019 before the market open of $2.20, beating estimates calling for $2.07 per share.

Dow (DOW) reported earnings on 7/25/2019 before the market open of $0.86 per share.

Intel (INTC) reports earnings on 7/25/2019 after the market close of $1.06, beating estimates calling for $0.908 per share.

McDonald’s (MCD) reported earnings on 7/26/2019 before the market open of $1.97, missing estimates calling for $2.092 per share.

Merck (MRK) reported earnings on 7/30/2019 before the market open of $1.30, beating estimates of $1.182 per share.

Procter & Gamble (PG) reported earnings on 7/30/2019 before the market open of $1.10, beating estimates of $1.079 per share.

Pfizer (PFE) reported earnings on 7/30/2019 before the market open of $0.80, beating estimates of $0.789 per share.

Apple (AAPL) reported earnings on 7/30/2019 after the market close of $2.18, barely beating estimates calling for $2.172 per share.

Verizon (VZ) reported earnings on 8/1/2019 before the market open of $1.23, beating estimates calling for $1.22 per share.

Chevron (CVX) reported earnings on 8/2/2019 before the market open of $2.27, beating estimates calling for $1.78 per share.

Exxon Mobil (XOM) reported earnings on 8/2/2019 before the market open of $0.73, missing estimates calling for $0.741 per share.

Disney (DIS) reports earnings on 8/6/2019 after the market close.

Cisco (CSCO) reports earnings on 8/14/2019 after the market close.

Walmart (WMT) reports earnings on 8/15/2019 before the market open.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is up +29.24% year-to-date.

Financial Calendar

9:45 AM ET PMI Services Index

10:00 AM ET ISM Non-Mfg Index

12:30 PM ET TD Ameritrade IMX

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