Dow stocks at 52 week highs include Exxon Mobil Corp. (XOM). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +50 points.
Tuesday, the Dow closed down -129.53 (-0.78%) at 16,401.02.
Year-to-date the Dow is down -1.06%.
Disney (DIS) reports Q2 EPS ex-items of $1.11, better than consensus of $0.96.
Not much Dow stock news today.
I wish I could figure out if markets are going to bleed lower or find that spark to jump higher. Just can’t see the path either way yet.
Alibaba filed for an IPO. You’d better be careful there.
European stocks were moving higher and Asian markets closed lower. The Nikkei in Japan sank by nearly 3%.
The national average price of gasoline is down one-tenth of a cent at $3.666 per gallon.
Earnings Reports.
JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.
Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.
Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.
Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.
American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.
International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.
Dupont (DD) reported earnings on 4/17/2014 before the market open of $1.58/share, meeting consensus.
General Electric (GE) reported earnings on 4/17/2014 before the market open of $0.36/share, beating consensus of $0.32/share.
Goldman Sachs reported earnings on 4/17/2014 before the market open of $4.02/share, beating consensus of $3.44/share.
UnitedHealth (UNH) reported earnings on 4/17/2014 before the market open of $1.10/share, narrowly beating consensus of $1.093/share.
McDonalds (MCD) reported earnings on 4/22/14 before the market open of $1.21/share, below estimates of $1.24/share.
Travelers (TRV) reported earnings on 4/22/14 before the market open of $2.95/share, well ahead of $2.16/share consensus.
United Technologies (UTX) reported earnings on 4/22/14 before the market open of $1.32/share beating estimates by $0.05/share.
AT&T (T) reportrf earnings on 4/22/14 after the market close of $0.71/share, beating estimates of $0.70/share.
Boeing (BA) reported earnings on 4/23/14 before the market open of $1.76/share ahead of $1.54/share consensus.
Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.
Caterpillar (CAT) will report earnings on 4/24/14 before the market open.
3M (MMM) will report earnings on 4/24/14 before the market open.
Verizon VZ will report earnings on 4/24/14 before the market open.
Micrososft (MSFT) will report earnings on 4/24/14 after the market close.
Visa (V) will report earnings on 4/24/14 after the market close.
Merck (MRK) will report earnings on 4/29/14 before the market open.
Exxon Mobil (XOM) will report earnings on 5/1/14 before the market open.
Chevron (CVX) will report earnings on 5/2/14 before the market open.
Pfizer (PFE) will report earnings on 5/5/14 before the market open.
Walt Disney (DIS) reported earnings on 5/6/14 after the market close of $1.11/share, beating consensus of $0.96/share.
Notable earnings reports from Tuesday include:
Walt Disney Company (DIS) reported second quarter EPS of $1.11 on revenue of $11.65 billion, compared to last year’s EPS of $0.79 on revenue of $10.55 billion.
DirecTV (DTV) reported first quarter EPS of $1.63 on revenue of $7.86 billion, compared to last year’s EPS of $1.20 on revenue of $7.58 billion.
Emerson Electric Company (EMR) reported second quarter EPS of $0.80 on revenue of $5.81 billion, compared to last year’s EPS of $0.77 on revenue of $5.96 billion.
Whole Foods Market, Inc (WFM) reported second quarter EPS of $0.38 on revenue of $3.30 billion, compared to last year’s EPS of $0.38 on revenue of $3.03 billion.
Stocks reporting earnings today include:
21st Century Fox (FOXA) is expected to report third quarter EPS of $0.35 on revenue of $7.99 billion, compared to last year’s EPS of $0.36 on revenue of $9.54 billion.
Anheuser-Busch Inbev SA (BUD) is expected to report first quarter EPS of $1.03 on revenue of $10.50 billion, compared to last year’s EPS of $1.16 on revenue of $9.17 billion.
Duke Energy Corporation (DUK) is expected to report first quarter EPS of $1.12 on revenue of $6.44 billion, compared to last year’s EPS of $1.02 on revenue of 5.90 billion.
Prudential Financial, Inc. (PRU) is expected to report first quarter EPS of $2.26 on revenue of $11.72 billion, compared to last year’s EPS of $2.28 on revenue of $11.83 billion.
Today’s Featured Dow Stock
Goldman Sachs Group Inc. (GS) is down -12.82% year-to-date.
Financial Calendar
0700 ET Weekly MBA mortgage applications, previous -5.9% with purchase sub-index -4.4% and refi sub-index -6.9%.
0830 ET Q1 non-farm productivity expected -1.2%, Q4 +1.8%. Q1 unit labor costs expected +2.8%, Q4 -0.1%.
1000 ET Fed Chair Janet Yellen testifies to the Joint Economic Committee of Congress on the economic outlook.
1030 ET EIA Weekly Petroleum Status Report.
1300 ET Treasury auctions $24 billion of 10-year T-notes.
1500 ET Mar consumer credit expected $15.5 billion, Feb +$16.489 billion.