The Dow Market Happenings For Monday, April 27, 2020

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +211 points.

Friday the Dow was up +260.01 (+1.11%) at 23,775.27.

Year-to-date the Dow is down -16.69%.

There were 27 Dow stocks up Friday.

The Dow stock winners Friday were led by Home Depot (HD) +4.87%, Apple (AAPL) +2.89% and IBM (IBM) +2.78%.

The Dow stock losers Friday were Boeing (BA) -6.36%, Procter & Gamble (PG) -0.52% and Johnson & Johnson (JNJ) -0.42%.

U.S. oil prices plunged 25% on Monday on fears that worldwide storage will soon fill as the coronavirus pandemic continues to roil demand. West Texas Intermediate for June delivery fell 25%, or $4.27, to trade at $12.71 per barrel, while international benchmark Brent crude traded 6.2% lower at $20.11 per barrel. Each contract is coming off its eighth week of losses in nine weeks. WTI for July delivery fell more than 11% to $18.84 while the August contract slipped more than 7% to $22.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down three-tenths of a cent at $1.774 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/24/2020 after the market close of $0.53, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 4/2/2020 before the market open of $1.52, beating estimates calling for $1.479 per share.

Johnson & Johnson (JNJ) reported earnings on 4/14/20 before the market open of $2.30, beating estimates calling for $2.064 per share.

JPMorgan (JPM) reported earnings on 4/14/20 before the market open of $0.78, missing estimates calling for $2.191 per share.

Goldman Sachs (GS) reported earnings on 4/15/20 before the market open of $3.11, missing estimates calling for $3.50 per share.

UnitedHealth (UNH) reported earnings on 4/15/20 before the market open of $3.72, beating estimates calling for $3.714 per share.

Procter & Gamble (PG) reported earnings on 4/17/20 before the market open of $1.22, beating estimates calling for $1.106 per share

IBM (IBM) reported earnings on 4/20/2020 after the market close of $1.84, beating estimates calling for $1.698 per share.

Coca Cola (KO) reported earnings on 4/21/20 before the market open of $0.51, beating estimates calling for $0.436 per share.

Travelers (TRV) reported earnings on 4/21/20 before the market open of $2.62, missing estimates calling for $2.877 per share.

Intel (INTC) reported earnings on 4/23/2020 after the market close of $1.45, beating estimates calling for $1.281 per share.

American Express (AXP) reported earnings on 4/24/20 before the market open of $1.98, beating estimates calling for $1.686 per share.

Verizon (VZ) reported earnings on 4/24/20 before the market open of $1.26, beating estimates calling for $1.22 per share.

3M (MMM) reports earnings on 4/28/20 before the market open.

Caterpillar (CAT) reports earnings on 4/28/20 before the market open.

Merck (MRK) reports earnings on 4/28/20 before the market open.

Pfizer (PFE) reports earnings on 4/28/20 before the market open.

Boeing (BA) reports earnings on 4/29/20 before the market open

Microsoft (MSFT) reports earnings on 4/29/2020 after the market close.

Dow (DOW) reports earnings on 4/30/20 before the market open.

McDonald’s (MCD) reports earnings on 4/30/20 before the market open.

Apple (AAPL) reports earnings on 4/30/2020 after the market close.

Visa (V) reports earnings on 4/30/2020 after the market close.

Chevron (CVX) reports earnings on 5/1/20 before the market open.

Exxon Mobil (XOM) reports earnings on 5/1/20 before the market open.

Disney (DIS) reports earnings on 5/5/2020 after the market close.

Raytheon Technologies (RTX) reports earnings on 5/7/20 before the market open.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is down -37.33% year-to-date. The Exxon Mobil (XOM) YTD low was 30.11 on 3/23/2020.

Financial Calendar

10:30 AM ET Dallas Fed Mfg Survey

11:30 AM ET 6-Month Bill Auction

11:30 AM ET 2-Yr Note Auction

1:00 PM ET 3-Month Bill Auction

1:00 PM ET 5-Yr Note Auction

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