The Dow Market Happenings For Friday, February 14, 2020

Dow stocks at 52 week highs include Home Depot (HD), Coca Cola (KO) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -6 points.

Thursday the Dow was down -128.11 (-0.43%) at 29,423.31.

Year-to-date the Dow is up +3.10%.

There were 10 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Walmart (WMT) +1.37%, Procter & Gamble (PG) +1.22% and American Express (AXP) +0.92%.

The Dow stock losers Thursday were led by Cisco (CSCO) -5.23%, Dow (DOW) -2.19% and Pfizer (PFE) -2.15%.

In a victory for Amazon, a US judge has agreed to temporarily block Microsoft (MSFT) from beginning work on the Pentagon’s multibillion-dollar cloud computing contract.

China reported more than 5,000 new cases of the coronavirus, now named Covid-19, on Friday. That brought the total number of infected persons to 63,851, up 103% from a week earlier. Another 121 persons died from the virus, bringing the death toll to 1,380, 117% above week-ago levels. Globally, 6,768 persons are reported to have recovered from infections. While vaccines to fight the virus are widely considered at least a year away, China National Biotec Group reported Thursday evening that virus-neutralizing antibodies had been isolated in the plasma of recovered patients. Those antibodies had shown “significant results” in treating infected patients, according to the South China Morning Post. The number of deaths from the virus outside China rose to three on Thursday, as one person died in Japan. Japan has reported 254 cases of the virus, the largest number outside of mainland China. Some 218 of those infected persons are passengers aboard Carnival’s (CCL) Diamond Princess, which is quarantined offshore from Yokohama.

European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is up 1.2 cents at $2.438 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) reported earnings on 2/12/2020 after the market close of $0.77, missing estimates calling for $0.79 per share.

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

Home Depot (HD) reports earnings on 2/25/2020 before the market open.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is up +0.23% year-to-date.

Financial Calendar

8:30 AM ET Retail Sales

8:30 AM ET Import and Export Prices

9:15 AM ET Industrial Production

10:00 AM ET Business Inventories

10:00 AM ET Consumer Sentiment

1:00 PM ET Baker-Hughes Rig Count

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.