DJIA Market Happenings For Friday, January 17, 2020

Dow stocks at 52 week highs include American Express (AXP),Goldman Sachs (GS), Johnson & Johnson (JNJ), Microsoft (MSFT), Procter & Gamble (PG), UnitedHealth (UNH) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +92 points.

Thursday the Dow was up +267.42 (+0.92%) at 29,297.64.

Year-to-date the Dow is up +2.66%.

There were 26 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Cisco (CSCO) +2.17%,Home Depot (HD) +1.88% and Goldman Sachs (GS) +1.84%.

The Dow stock losers Thursday were led by Merck (MRK) -0.39%, Exxon Mobil (XOM) -0.39% and Pfizer (PFE) -0.15%.

China’s economy grew at its slowest pace in nearly three decades in 2019. China’s GDP grew at a rate of 6.1% in 2019, in line with Beijing’s targeted range. The country also reported that GDP grew 6% in the fourth quarter.
But, China grew 6.6% in 2018.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down seven-tenths of a cent at $2.560 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 1/8/2020 before the market open of $1.37, missing estimates calling for $1.416 per share.

JPMorgan (JPM) reported earnings on 1/14/2020 before the market open of $2.57, beating estimates calling for $2.376 per share.

Goldman Sachs (GS) reported earnings on 1/15/2020 before the market open of $4.69, missing estimates calling for $5.47 per share.

UnitedHealth (UNH) reported earnings on 1/15/2020 before the market open of $3.90, beating estimates calling for $3.833 per share.

IBM (IBM) reports earnings on 1/21/2020 after the market close.

Johnson & Johnson (JNJ) reports earnings on 1/22/2020 before the market open.

Procter & Gamble (PG) reports earnings on 1/23/2020 before the market open.

Travelers (TRV) reports earnings on 1/23/2020 before the market open.

Intel (INTC) reports earnings on 1/23/2020 after the market close.

American Express (AXP) reports earnings on 1/24/2020 before the market open.

Pfizer (PFE) reports earnings on 1/28/2020 before the market open.

UnitedHealth (UNH) reports earnings on 1/28/2020 before the market open.

United Technologies (UTX) reports earnings on 1/28/2020 before the market open.

3M (MMM) reports earnings on 1/28/2020 before the market open.

Apple (AAPL) reports earnings on 1/28/2020 after the market close.

Boeing (BA) reports earnings on 1/29/2020 before the market open.

Dow (DOW) reports earnings on 1/29/2020 before the market open.

McDonald’s (MCD) reports earnings on 1/29/2020 before the market open.

Microsoft (MSFT) reports earnings on 1/29/2020 after the market close.

Coca Cola (KO) reports earnings on 1/30/2020 before the market open.

Verizon (VZ) reports earnings on 1/30/2020 before the market open.

Visa (V) reports earnings on 1/30/2020 after the market close.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +1.92% year-to-date.

Financial Calendar

8:30 AM ET Housing Starts

9:15 AM ET Industrial Production

10:00 AM ET Consumer Sentiment

10:00 AM ET JOLTS

1:00 PM ET Baker-Hughes Rig Count

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