The Dow Market Happenings For Thursday, October 31, 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 -49 points.

Wednesday the Dow was up +115.27 (+0.43%) at 27,186.69.

Year-to-date the Dow is up +16.54%.

There were 11 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Johnson & Johnson (JNJ) +2.88%, McDonald’s (MCD) +2.22% and Merck (MRK) +1.32%.

The Dow stock losers Wednesday were led by Chevron (CVX) -1.50%, Exxon Mobil (XOM) -1.05% and Dow (DOW) -0.89%.

At the latest Fed meeting, policymakers voted for a third straight Fed rate cut, but signaled that they would likely be on hold.

Chinese officials see a long-term China trade deal as doubtful, according to a Bloomberg News report. That also comes as U.S. and Chinese officials work on finalizing the “phase one” China trade deal, which essentially amounts to a trade truce.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up three-tenths of a cent at $2.614 per gallon.

Earnings Reports

Goldman Sachs (GS) reported earnings on 10/15/2019 before the open of $4.79, missing estimates calling for $4.81 per share.

Johnson & Johnson (JNJ) reported earnings on 10/15/2019 before the open of $2.12, beating estimates calling for $2.048 per share.

JPMorgan (JPM) reported earnings on 10/15/2019 before the open of $2.68, beating estimates calling for $2.483 per share.

UnitedHealth (UNH) reported earnings on 10/15/2019 before the open of $3.88, beating estimates of $3.783 per share.

IBM (IBM) reported earnings on 10/16/2019 after the market close of $2.68, just missing estimates calling for $2.69 per share.

American Express (AXP) reported earnings on 10/18/2019 before the market open of $2.08, just missing estimates calling for $2.084 per share.

Coca Cola (KO) reported earnings on 10/18/2019 before the market open of $0.56, missing estimates calling for $0.577 per share.

United Technologies (UTX) reported earnings on 10/22/2019 before the market open of $2.21, beating estimates of $2.08 per share.

Procter & Gamble (PG) reported earnings on 10/22/2019 before the market open of $1.39, beating estimates of $1.258 per share.

McDonald’s (MCD) reported earnings on 10/22/2019 before the market open of $2.11, missing estimates calling for $2.233 per share.

Travelers (TRV) reported earnings on 10/22/2019 before the market open of $1.43, missing estimates calling for $2.379 per share.

Boeing (BA) reported earnings on 10/23/2019 before the market open of $1.45, missing estimates of $2.205 per share.

Caterpillar (CAT) reported earnings on 10/23/2019 before the market open of $2.66, missing estimates calling for $2.854 per share.

Microsoft reported earnings on 10/23/2019 after the market close of $1.38, beating estimates calling for $1.306 per share.

Dow (DOW) reported earnings on 10/24/2019 before the market open of $0.91 per share.

3M (MMM) reported earnings on 10/24/2019 before the market open of $2.72, beating estimates calling for $2.454 per share.

Intel (INTC) reported earnings on 10/24/2019 after the market close of $1.42, beating estimates of $1.275 per share.

Visa (V) reported earnings on 10/24/2019 after the market close of $1.47, beating estimates of $1.458 per share.

Verizon (VZ) reported earnings on 10/25/2019 before the market open of $1.25, pretty much meeting estimates calling for $1.254 per share.

Walgreens (WBA) reported earnings on 10/28/2019 before the market open of $1.43, missing estimates calling for $1.451 per share.

Merck (MRK) reported earnings on 10/29/2019 before the market open of $1.51, beating estimates of $1.28 per share.

Pfizer (PFE) reported earnings on 10/29/2019 before the market open of $0.75, beating estimates calling for $0.644 per share.

Apple (AAPL) reported earnings on 10/30/2019 after the market close of $3.03, beating estimates calling for $2.891 per share.

Chevron (CVX) reports earnings on 11/1/2019 before the market open.

Exxon Mobil (XOM) reports earnings on 11/1/2019 before the market open.

Disney (DIS) reports earnings on 11/7/2019 after the market close.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is down -0.69% year-to-date.

Financial Calendar

7:30 AM ET Challenger Job-Cut Report

8:30 AM ET Jobless Claims

8:30 AM ET Personal Income and Outlays

8:30 AM ET Employment Cost Index

9:45 AM ET Chicago PMI

10:30 AM ET EIA Natural Gas Report

3:00 PM ET Farm Prices

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

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

Leave a Reply

You must be logged in to post a comment.