DJIA Market Happenings For Friday, February 7, 2020

Dow stocks at 52 week highs include Home Depot (HD) +0.31%, IBM (IBM), Johnson & Johnson (JNJ), Procter & Gamble (PG) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -122 points.

Thursday the Dow was up +88.92 (+0.30%) at 29,379.77.

Year-to-date the Dow is up +2.95%.

There were 16 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Boeing (BA) +3.60%, Microsoft (MSFT) +2.07% and Apple (AAPL) +1.17%.

The Dow stock losers Thursday were led by Exxon Mobil (XOM) -1.36%, UnitedHealth (UNH) -1.11% and Goldman Sachs (GS) -1.02%.

The U.S. created a robust 225,000 new jobs in January to get off to a good start in 2020. The unemployment rate, meanwhile, edged up to 3.6% from a 50-year low of 3.5% as more people entered the labor force in search of work. The increase in worker pay over the past 12 months rose slightly to 3.1%, but still sits below the post recession peak of 3.5%. The increase in new jobs easily surpassed the 164,000 forecast by economists.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.448 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) reported earnings on 2/4/2020 after the market close of $1.53, beating estimates calling for $1.494 per share.

Merck (MRK) reported earnings on 2/5/2020 before the market open of $1.16, missing estimates calling for $1.216 per share.

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

Walmart (WMT) reports earnings on 2/18/2020 before the market open.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) is up +7.72% year-to-date.

Financial Calendar

8:30 AM ET Jobs Report

10:00 AM ET Wholesale Trade

1:00 PM ET Baker-Hughes Rig Count

3:00 PM ET Consumer Credit

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