The Dow Market Happenings For Tuesday, July 21, 2020

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

The Market

Premarket today, the Dow was indicated to open up +159 points.

Monday the Dow was up +8.92 (+0.03%) at 26,680.87.

Year-to-date the Dow is down -6.51%.

There were 10 Dow stocks up Monday.

The Dow stock winners Monday were led by Microsoft (MSFT) 211.60 (+4.30%), Apple (AAPL) 393.43 (+2.11%) and Intel (INTC) 61.15 (+1.92%).

The Dow stock losers Monday were led by Dow (DOW) 42.30 (-3.14%), Exxon Mobil (XOM) 42.50 (-2.34%) and Walgreens (WBA) 40.46 (-2.32%).

Global stocks rally on stimulus support as EU leaders agree an historic €1.85 trillion budget and rescue package while U.S. lawmakers resume talks in Washington.

Congressional Democratic lawmakers are set to meet with aides of President Donald Trump later today to hammer out a potential compromise that could bridge the $2 trillion gap between the House stimulus bill, which was passed in mid-May, and Senate Republican’s preference for a $1 trillion plan that is funded by a payroll tax cut.

Chevron (CVX) to buy Noble for $5 billion of stock and $7 billion in assumed debt.

Coca Cola (KO) shares rose in premarket trading Tuesday, after the beverage and snack giant reported a second-quarter profit to topped expectations but revenue that fell a bit shy, amid challenges resulting from the coronavirus pandemic.

International Business Machines (IBM) shares gained in after-hours trading Monday, after the tech giant reported another decline in revenue but produced more profit and sales than Wall Street expected amid the COVID-19 pandemic.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down five-tenths of a cent at $2.190 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) reported earnings on 7/14/2020 before the market open of $1.38, beating estimates calling for $1.336 per share.

Goldman Sachs (GS) reported earnings on 7/15/2020 before the market open of $6.26, beating estimates calling for $3.972 per share.

UnitedHealth (UNH) reported earnings on 7/15/2020 before the market open of $7.12, beating estimates calling for $5.158 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2020 before the market open of $1.67, beating estimates calling for $1.496 per share.

IBM (IBM) reported earnings on 7/20/2020 after the market close of $2.18, beating estimates calling for $2.136 per share.

Coca Cola (KO) reported earnings on 7/21/2020 before the market open of $0.42, beating estimates calling for $0.404 per share.

Microsoft (MSFT) reports earnings on 7/22/2020 after the market close.

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.

American Express (AXP) reports earnings on 7/24/2020 before the market open.

Verizon (VZ) reports earnings on 7/24/2020 before the market open.

McDonald’s (MCD) reports earnings on 7/28/2020 before the market open.

3M (MMM) reports earnings on 7/28/2020 before the market open.

Pfizer (PFE) reports earnings on 7/28/2020 before the market open.

Raytheon Technologies (RTX) reports earnings on 7/28/2020 before the market open.

Visa (V) reports earnings on 7/28/2020 after the market close.

Boeing (BA) reports earnings on 7/29/2020 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/2020 before the market open.

Apple (AAPL) reports earnings on 7/30/2020 after the market close.

Caterpillar (CAT) reports earnings on 7/31/2020 before the market open.

Chevron (CVX) reports earnings on 7/31/2020 before the market open.

Merck (MRK) reports earnings on 7/31/2020 before the market open.

Exxon Mobil (XOM) reports earnings on 7/31/2020 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) is down -7.92% year-to-date. Goldman Sachs (GS) YTD low was 130.85 on 3/19/2020. That’s a +38.20% gain off the YTD low.

Financial Calendar

8:30 AM ET Chicago Fed National Activity Index

8:55 AM ET Redbook

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

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