DJIA Market Happenings For Monday, February 3, 2020

Dow stocks at 52 week highs include Coca Cola (KO). Dow stock 52 week lows include Chevron (CVX) and Exxon Mobil (XOM).

The Market

Premarket today, the Dow was indicated to open up +122 points.

Friday the Dow was down -603.41 (-2.09%) at 28,256.03.

Year-to-date the Dow is down -0.99%.

There were 4 Dow stocks up Friday.

The Dow stock winners Friday were led by IBM (IBM) +5.09%, Pfizer (PFE) +0.46% and Disney (DIS) +0.36%.

The Dow stock losers Friday were led by Dow (DOW) -4.95%, Visa (V) -4.44% and Apple (AAPL) -4.43%.

The Dow retreated last week as airlines and businesses shuttered activities in China following the outbreak of coronavirus which has infected more than 10,000 people and claimed more than 200 lives. While health officials are still trying to discern the exact danger posed by the virus, economists have begun to forecast damage to the Chinese and therefore global economy.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down three-tenths of a cent at $2.470 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) reported earnings on 1/28/2020 before the market open of $0.55, missing estimates calling for $0.607 per share.

United Technologies (UTX) reported earnings on 1/28/2020 before the market open of $1.94, beating estimates calling for $1.934 per share.

3M (MMM) reported earnings on 1/28/2020 before the market open of $1.66, missing estimates calling for $2.128 per share.

Apple (AAPL) reported earnings on 1/28/2020 after the market close of $4.99, beating estimates calling for $4.60 per share.

Boeing (BA) reported earnings on 1/29/2020 before the market open of -$2.33, missing estimates of $1.676 per share.

Dow (DOW) reported earnings on 1/29/2020 before the market open of $0.78 per share.

McDonald’s (MCD) reported earnings on 1/29/2020 before the market open of $2.08, beating estimates calling for $1.98 per share.

Microsoft (MSFT) reported earnings on 1/29/2020 after the market close of $1.51, beating estimates calling for $1.377 per share.

Coca Cola (KO) reported earnings on 1/30/2020 before the market open of $0.44, meeting estimates calling for $0.441 per share.

Verizon (VZ) reported earnings on 1/30/2020 before the market open of $1.13, missing estimates calling for $1.174 per share.

Visa (V) reported earnings on 1/30/2020 after the market close of $1.46, missing estimates calling for $1.501 per share.

Caterpillar (CAT) reported earnings on 1/31/2020 before the market open of $2.63, beating estimates calling for $2.40 per share.

Chevron (CVX) reported earnings on 1/31/2020 before the market open of $1.49, missing estimates of $1.545 per share.

Exxon Mobil (XOM) reported earnings on 1/31/2020 before the market open of $1.33, beating estimates calling for $0.508 per share.

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

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

Cisco (CSCO) reports earnings on 2/12/2020 after the market close.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is up +7.23% year-to-date.

Financial Calendar

9:45 AM ET PMI Manufacturing Index

10:00 AM ET ISM Mfg Index

10:00 AM ET Construction Spending

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