The Dow Market Happenings For Friday, May 15, 2020

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Walgreens (WBA).

The Market

Premarket today, the Dow was indicated to open down -189 points.

Thursday the Dow was up +377.37 (+1.62%) at 23,625.34.

Year-to-date the Dow is down -17.22%.

There were 26 Dow stocks up Thursday.

The Dow stock winners Thursday were led by American Express (AXP) +7.41%, UnitedHealth (UNH) +4.54% and Cisco (CSCO) +4.53%.

The Dow stock losers Thursday were led by Coca Cola (KO) -0.55%, Walmart (WMT) -0.23% and Procter & Gamble (PG) -0.10%.

Walt Disney (DIS) reached a deal with union workers at Walt Disney World on employee safeguards. The deal removes a significant obstacle to Disney’s reopening plans for its theme parks.

Nike (NKE) warned that pandemic-related store closures during the current quarter will hurt its retail and wholesale results. The athletic footwear and apparel maker did say that 100% of its Greater China stores have reopened and that online sales are helping offset lost sales from store closures.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is up three-tenths of a cent at $1.869 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) reported earnings on 4/28/20 before the market open of $2.16, beating estimates of $2.023 per share.

Caterpillar (CAT) reported earnings on 4/28/20 before the market open of $1.60, missing estimates calling for $1.761 per share.

Merck (MRK) reported earnings on 4/28/20 before the market open of $1.50, beating estimates calling for $1.393 per share.

Pfizer (PFE) reported earnings on 4/28/20 before the market open of $0.80, beating estimates calling for $0.71 per share.

Boeing (BA) reported earnings on 4/29/20 before the market open of -$1.70, beating estimates of -$2.044 per share.

Microsoft (MSFT) reported earnings on 4/29/2020 after the market close of $1.40, beating estimates calling for $1.273 per share.

Dow (DOW) reported earnings on 4/30/20 before the market open of $0.30, missing estimates calling for $0.604 per share.

McDonald’s (MCD) reported earnings on 4/30/20 before the market open of $1.47, missing estimates calling for $1.587 per share.

Apple (AAPL) reported earnings on 4/30/2020 after the market close of $2.55, beating estimates calling for $2.089 per share.

Visa (V) reported earnings on 4/30/2020 after the market close of $1.39, beating estimates calling for $1.35 per share.

Chevron (CVX) reported earnings on 5/1/20 before the market open of $1.93, beating estimates of $0.636 per share.

Exxon Mobil (XOM) reported earnings on 5/1/20 before the market open of -$0.14, missing estimates of $0.04 per share.

Disney (DIS) reported earnings on 5/5/2020 after the market close of $0.60, missing estimates calling for $0.83 per share.

Raytheon Technologies (RTX) reported earnings on 5/7/20 before the market open of $1.78, beating estimates of $1.113 per share.

Cisco (CSCO) reported earnings on 5/13/2020 after the market close of $0.79, beating estimates of $0.634 per share.

Home Depot (HD) reports earnings on 5/19/20 before the market open.

Walmart (WMT) reports earnings on 5/19/20 before the market open.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) is down -1.15% year-to-date. UnitedHealth (UNH) YTD low was 187.72 on 3/23/2020.

Financial Calendar

8:30 AM ET Retail Sales

8:30 AM ET Empire State Mfg Survey

9:15 AM ET Industrial Production

10:00 AM ET Business Inventories

10:00 AM ET Consumer Sentiment

10:00 AM ET JOLTS

1:00 PM ET Baker-Hughes Rig Count

4:00 PM ET Treasury International Capital

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