The Dow Market Happenings For Monday, July 13, 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 +204 points.

Friday the Dow was up +369.21 (+1.44%) at 26,075.30.

Year-to-date the Dow is down -8.63%.

There were 27 Dow stocks up Friday.

The Dow stock winners Friday were led by JPMorgan (JPM) 96.27 (+5.47%), Goldman Sachs (GS) 205.56 (+4.44%) and Travelers (TRV) 113.84 (+3.45%.

The Dow stock losers Friday were led by Microsoft (MSFT) 213.67 (-0.30%), Cisco (CSCO) 46.66 (-0.08%).

Florida reported more than 15,000 new coronavirus cases, the highest single-day total for any state, including New York, since the pandemic began. New York’s worse day was 12,000 cases in a day which occurred in April.

Disney (DIS) got a boost after Goldman Sachs initiated coverage of the stock with a buy rating a $137 per share price target.

Pfizer (PFE) and German biotech BioNTech SE were granted fast track designation by the FDA for two of the companies’ four vaccine candidates against the coronavirus.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is up one-tenth of a cent at $2.199 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/25/2020 after the market close of -$0.51, missing estimates calling for $0.016 per share.

Walgreens (WBA) reported earnings on 7/9/2020 before the market open of $0.83, missing estimates calling for $1.103 per share.

JPMorgan (JPM) reports earnings on 7/14/2020 before the market open.

Goldman Sachs (GS) reports earnings on 7/15/2020 before the market open.

UnitedHealth (UNH) reports earnings on 7/15/2020 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/16/2020 before the market open.

Microsoft (MSFT) reports earnings on 7/16/2020 after the market close.

IBM (IBM) reports earnings on 7/20/2020 after the market close.

Coca Cola (KO) reports earnings on 7/21/2020 before the market open.

Dow (DOW) reports earnings on 7/23/2020 before the market open.

Travelers (TRV) reports earnings on 7/23/2020 before the market open.

Intel (INTC) reports earnings on 7/23/2020 after the market close.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) is down -29.28% year-to-date. Chevron (CVX) YTD low was 51.60 on 3/19/2020. That’s a +65.17% gain off the YTD low.

Financial Calendar

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

2:00 PM ET Treasury Budget

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