The Dow Market Happenings For Thursday, January 23, 2020

Dow stocks at 52 week highs include Apple (AAPL), American Express (AXP), Intel (INTC), Coca Cola (KO), Nike (NKE) and Visa (V). Dow stock 52 week lows include Boeing (BA).

The Market

Premarket today, the Dow was indicated to open down -76 points.

Wednesday the Dow was down -9.77 (-0.03%) at 29,186.27.

Year-to-date the Dow is up +2.27%.

There were 15 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Intel (INTC) +3.60%, IBM (IBM) +3.39% and Coca Cola (KO) +0.77%.

The Dow stock losers Wednesday were led by Dow (DOW) -3.29%, Caterpillar (CAT) -2.21% and Boeing (BA) -1.39%.

Travelers (TRV) dumped 2.4%, falling to the bottom of the index, after fourth-quarter revenue disappointed. Procter & Gamble (PG) traded down 1.1%, also on a revenue miss. Chipmaker Intel (INTC) flattened ahead of its report, scheduled for after the close today.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down four-tenths of a cent at $2.540 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) reported earnings on 1/21/2020 after the market close of $4.71, essentially meeting estimates calling for $4.712 per share.

Johnson & Johnson (JNJ) reported earnings on 1/22/2020 before the market open of $1.88, missing estimates calling for $1.935 per share.

Procter & Gamble (PG) reported earnings on 1/23/2020 before the market open of $1.44, beating estimates calling for $1.396 per share.

Travelers (TRV) reported earnings on 1/23/2020 before the market open of $3.32, beating estimates calling for $3.09 per share.

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.

Caterpillar (CAT) reports earnings on 1/31/2020 before the market open.

Chevron (CVX) reports earnings on 1/31/2020 before the market open.

Exxon Mobil (XOM) reports earnings on 1/31/2020 before the market open.

Disney (DIS) reports earnings on 2/4/2020 after the market close.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) is up +2.29% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

10:00 AM ET Leading Indicators

10:30 AM ET EIA Natural Gas Report

11:00 AM ET Kansas City Fed Manufacturing Index

11:00 AM ET EIA Petroleum Status Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply

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