DJIA Market Happenings For Tuesday, May 23, 2017

Dow stocks at 52 week highs include McDonald’s (MCD) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +48 points.

Monday the Dow was up +89.99 (+0.43%) at 20,894.83.

Year-to-date the Dow is up +5.73%.

There were 21 Dow stocks up Monday.

The Dow stock winners Monday were led by Boeing (BA) +1.61% and 3M (MMM) +1.38%.

The Dow stock losers Monday were led by Pfizer (PFE) -1.05% and Dupont (DD) -0.57%.

A deadly attack outside an Ariana Grande concert at Manchester Arena in the U.K. killed at least 22 people, including children.

The Trump administration is set to unveil its budget Tuesday. It will cut hundreds of billions of dollars from programs such as Medicaid, food stamps and disability insurance.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is up three-tenths of a cent at $2.361 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Boeing (BA)

Boeing (BA) is up +17.98% year-to-date.

Financial Calendar

0900 ET Minneapolis Fed President Neel Kashkari (voter) holds a Q&A with the media.

0945 ET May Markit manufacturing PMI expected +0.3 to 53.1, Apr -0.5 to 52.8. May Markit services PMI expected +0.3 to 53.4, Apr +0.3 to 53.1.

1000 ET Apr new home sales expected -1.8% to 610,000, Mar +5.8% to 621,000.

1000 ET May Richmond Fed manufacturing index expected -5 to 15, Apr -2 to 20.

1300 ET Treasury auctions $26 billion of 2-year T-notes.

1500 ET Minneapolis Fed President Neel Kashkari (voter) discusses Building Economic Well-Being for Native Communities through Homeownership at a CICD Roundtable in Minneapolis.

1700 ET Philadelphia Fed President Patrick Harker (voter) gives an economic outlook speech at an MNI Roundtable at the Harvard Club of New York.

The Dow Market Happenings For Monday, May 22, 2017

Dow stocks at 52 week highs include McDonald’s (MCD) and Wal-Mart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +40 points.

Friday the Dow was up +141.82 (+0.69%) at 20,804.84.

Year-to-date the Dow is up +5.27%.

There were 26 Dow stocks up Friday.

The Dow stock winners Friday were led by Caterpillar (CAT) +2.21% and General Electric (GE) +2.07%.

The Dow stock losers Friday were led by Cisco (CSCO) -0.54% and Merck (MRK) -0.17%.

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

The national average price of gasoline is up three-tenths of a cent at $2.358 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) is up +32.15% year-to-date.

Financial Calendar

0830 ET Apr Chicago Fed national activity index expected +0.02 to 0.10, Mar -0.19 to 0.08.

1000 ET Philadelphia Fed President Patrick Harker (voter) speaks on the link between physical and economic wellbeing to the Jefferson College of Health Professions and Jefferson College of Pharmacy Commencement Ceremony.

1100 ET USDA weekly grain export inspections.

1500 ET USDA Apr Cold Storage.

1600 ET USDA crop conditions and planting progress.

1930 ET Fed Governor Lael Brainard gives a speech on The Roles of Opportunity and Inclusion in Strengthening the U.S. Economy at the Minneapolis Fed.

2110 ET Chicago Fed President Charles Evans (voter) addresses a private symposium on OTC derivatives at the Shanghai Clearing House Forum on Policy and Practice-Default Management.

DJIA Market Happenings For Friday, May 19, 2017

Dow stocks at 52 week highs include Wal-Mart (WMT). Dow stock 52 week lows include General Electric (GE).

The Market

Premarket today, the Dow was indicated to open up +23 points.

Thursday the Dow was up +56.09 (+0.27%) at 20,663.02.

Year-to-date the Dow is up +4.56%.

There were 18 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Wal-Mart (WMT) +3.22% and UnitedHealth (UNH) +1.53%.

The Dow stock losers Thursday were led by Cisco (CSCO) -7.21% and Boeing (BA) -0.77%.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is up eight-tenths of a cent at $2.346 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reported earnings on 4/25/2017 before the market open$2.16, beating estimates calling for $2.069 per share.

Caterpillar (CAT) reported earnings on 4/25/2017 before the market open of $1.28, smashing estimates calling for $0.618 per share.

Dupont (DD) reported earnings on 4/25/2017 before the market open of $1.64, beating estimates of $1.383 per share.

Coca Cola (KO) reported earnings on 4/25/2017 before the market open of $0.43, missing estimates calling for $0.438 per share.

McDonald’s (MCD) reported earnings on 4/25/2017 before the market open of $1.47, beating estimates calling for $1.318 per share.

Boeing (BA) reported earnings on 4/26/2017 before the market open of $2.01, beating estimates of $1.914 per share.

United Technologies (UTX) reported earnings on 4/26/2017 before the market open of $1.48, beating estimates calling for $1.387 per share.

Procter & Gamble (PG) reported earnings on 4/26/2017 before the market open of $0.96, beating estimates of $0.936 per share.

Intel (INTC) reported earnings on 4/27/2017 after the market close of $0.66, missing estimates calling for $0.672 per share.

Microsoft (MSFT) reported earnings on 4/27/2017 after the market close of $0.73, beating estimates calling for $0.719 per share.

Exxon Mobil (XOM) reported earnings on 4/28/2017 before the market open of $0.95, beating estimates calling for $0.909 per share.

Chevron (CVX) reported earnings on 4/28/2017 before the market open of $1.41, smashing estimates of $0.869 per share.

Merck (MRK) reported earnings on 5/2/2017 before the market open of $0.88, beating estimates of $0.847 per share.

Pfizer (PFE) reported earnings on 5/2/2017 before the market open of $0.69, barely beating estimates calling for $0.6819 per share.

Apple (AAPL) reported earnings on 5/2/2017 after the market close of $2.10, beating estimates calling for $2.060395 per share.

Disney (DIS) reported earnings on 5/9/2017 after the market close of $1.50 per share.

Home Depot (HD) reported earnings on 5/16/2017 before the market open of $1.67, beating estimates calling for $1.633 per share.

Cisco (CSCO) reported earnings on 5/17/2017 after the market close of $0.60, beating estimates calling for $0.5899 per share.

Wal-Mart (WMT) report earnings on 5/18/2017 before the market open of $1.00, beating estimates calling for $0.967 per share.

Today’s Featured Dow Stock

American Express (AXP)

American Express (AXP) is up +3.10% year-to-date.

Financial Calendar

n/a No economic releases or Fed speaking events scheduled