The Dow Market Happenings For Monday, January 27, 2020

Dow stocks at 52 week highs include Apple (AAPL), American Express (AXP), Coca Cola (KO) and Intel (INTC). Dow stock 52 week lows include Exxon Mobil (XOM).

The Market

Premarket today, the Dow was indicated to open down -470 points.

Friday the Dow was down -170.36 (-0.58%) at 28,989.73.

Year-to-date the Dow is up +1.58%.

There were 6 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) +8.13%, American Express (AXP) +2.85% and Boeing (BA) +1.66%.

The Dow stock losers Friday were led by Dow (DOW) -3.50%, Merck (MRK) -2.91% and JPMorgan (JPM) -2.48%.

U.S. equity futures tumbled ahead of the Monday trading session as China announced sharp increases in the number of people affected in an outbreak of a potentially deadly virus.

China announced it was extending its week-long public holiday by an extra three days as a precaution against having the virus spread still further. By midnight Sunday, the National Health Commission said 80 people had died out of 2,744 cases that were confirmed.

The U.S. has five confirmed cases of the new virus from China, all among people who traveled to the city at the center of the outbreak, health officials said Sunday.

Oil is also under pressure with U.S. crude giving up 3 percent to $52.30 per barrel in electronic trading on the New York Mercantile Exchange.

Brent crude, the international standard, declined 3.4 percent to $58.60 per barrel.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.517 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) reported earnings on 1/23/2020 after the market close of $1.52, beating estimates calling for $1.297 per share.

American Express (AXP) reports earnings on 1/24/2020 before the market open of $2.03, missing estimates calling for $2.038 per share.

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.

Merck (MRK) reports earnings on 2/5/2020 before the market open.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is down -3.15% year-to-date.

Financial Calendar

10:00 AM ET New Home Sales

10:30 AM ET Dallas Fed Mfg Survey

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