The Dow Market Happenings For Tuesday, February 16, 2021

Dow stocks hitting 52 week highs include Disney (DIS). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +10 points.

Friday the Dow was up +27.70 (+0.09%) at 31,458.40.

Year-to-date the Dow is up +2.78%.

There were 18 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) 61.81 (+1.90%), JPMorgan (JPM) 141.25 (+1.42%) and Goldman Sachs (GS) 306.32 (+1.32%).

The Dow stock losers Friday were led by Disney (DIS) 187.67 (-1.70%), UnitedHealth (UNH) 328.24 (-1.45%) and Nike (NKE) 142.12 (-0.99%).

The 30-year Treasury yield held above 2% early Tuesday as investors watched for progress on President Joe Biden’s proposed $1.9 trillion Covid stimulus package on Capitol Hill and the push for wider distribution of coronavirus vaccines across the U.S. The 10-year Treasury yield rose to more than 1.26%.

House Speaker Nancy Pelosi said Monday that Congress will establish an independent, 9/11-style commission to look into last month’s deadly insurrection at the U.S. Capitol. Investigations into the riot were already planned, with Senate hearings scheduled for later this month in the Rules Committee. House impeachment managers who argued for Donald Trump’s conviction of inciting the attack said Sunday they proved their case. Democrats also railed against Senate GOP leader Mitch McConnell and other Republicans, saying they were “trying to have it both ways” in finding the former president not guilty while acknowledging he incited the riot.

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

The national average price of gasoline is up nine-tenths of a cent at $2.500 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 1/7/2021 before the market open of $1.22, beating estimates calling for $1.02 per share.

JPMorgan (JPM) reported earnings on 1/15/2021 before the market open of $3.79, beating estimates of $2.72 per share.

Goldman Sachs (GS) reports earnings on 1/19/2021 before the market open.

Procter & Gamble (PG) reported earnings on 1/20/2021 before the market open $1.64, beating estimates of $1.51 per share.

UnitedHealth (UNH) reported earnings on 1/20/2021 before the market open of $2.52, beating estimates of $2.394 per share

Travelers (TRV) reported earnings on 1/21/2021 before the market open of $4.91, beating estimates of $3.004 per share.

Intel (INTC) reported earnings on 1/21/2021 after the market close of $1.52, beating estimates of $1.10 per share.

IBM (IBM) reported earnings on 1/21/2021 after the market close of $2.07, beating estimates of $1.778 per share.

3M (MMM) reported earnings on 1/26/2021 before the market open of $2.38, beating estimates of $2.187 per share.

American Express (AXP) reported earnings on 1/26/2021 before the market open of $1.76, beating estimates of $1.264 per share.

Johnson & Johnson (JNJ) reported earnings on 1/26/2021 before the market open of $1.86, beating estimates of $1.806 per share.

Verizon (VZ) reported earnings on 1/26/2021 before the market open of $1.21, beating estimates of $1.163 per share.

Microsoft (MSFT) reported earnings on 1/26/2021 after the market close of $2.03, beating estimates of $1.637 per share.

Boeing (BA) reported earnings on 1/27/2021 before the market open of -$15.25, missing estimates calling for -$1.779 per share.

Apple (AAPL) reported earnings on 1/27/2021 after the market close of $1.68, beating estimates of $1.406 per share.

Dow (DOW) reported earnings on 1/28/2021 before the market open $0.81, missing estimates of $0.685 per share.

McDonald’s (MCD) reported earnings on 1/28/2021 before the market open $1.70, missing estimates of $1.752 per share.

Visa (V) reported earnings on 1/28/2021 after the market close of $1.42, beating estimates of $1.271 per share.

Caterpillar (CAT) reported earnings on 1/29/2021 before the market open of $2.12, beating estimates of $1.456 per share.

Chevron (CVX) reported earnings on 1/29/2021 before the market open of -$0.01, missing estimates of $0.079 per share.

Honeywell (HON) reported earnings on 1/29/2021 before the market open of $2.07, beating estimates of $1.998 per share.

Pfizer (PFE) reported earnings on 2/2/2021 before the market open of $0.42, missing estimates of $0.455 per share.

Amgen (AMGN) reported earnings on 2/2/2021 after the market close of $3.81, beating estimates of $3.359 per share.

Merck (MRK) reported earnings on 2/4/2021 before the market open of $1.32, missing estimates of $1.364 per share.

Cisco (CSCO) reported earnings on 2/9/2021 after the market close of $0.79, beating estimates of $0.68 per share.

Coca Cola (KO) reported earnings on 2/10/2021 before the market open of $0.47, beating estimates of $0.414 per share.

Disney (DIS) reported earnings on 2/11/2021 after the market close of $0.32, beating estimates of -$0.448 per share.

Walmart (WMT) reports earnings on 2/18/2021 before the market open.

Salesforce (CRM) reports earnings on 2/25/2021 after the market close.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) 187.67 (-1.70%) is up +3.58% in 2021.

Financial Calendar

8:30 AM ET Empire State Manufacturing Index

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

4:00 PM ET Treasury International Capital

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