Dow stocks at 52 week highs include 3M (MMM) and Caterpillar (CAT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -16 points.
Tuesday, the Dow closed up +19.97 (+0.12%) at 16,715.44.
Year-to-date the Dow is up +0.84%.
And it was record highs again on the Dow yesterday.
Boeing (BA) was awarded a contract for fifty 737 planes valued at close to $3.8 billion from a low-cost carrier being set up by China’s Juneyao Airlines.
European stocks were lower and Asian markets closed mostly higher.
The national average price of gasoline is down four-tenths of a cent at $3.640 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) reported earnings on 4/23/14 before the market open of $1.04/share, beating consensus of $1.02/share.
Caterpillar (CAT) reported earnings on 4/24/14 before the market open of $1.61/share, beating consensus of $1.25/share.
3M (MMM) reported earnings on 4/24/14 before the market open of $1.79/share, meeting consensus.
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) reported earnings on 4/24/14 after the market close of $0.84/share, below consensus of $0.87/share.
Merck (MRK) reported earnings on 4/29/14 before the market open of $0.88/share, beating consensus of $0.79/share.
Exxon Mobil (XOM) reported earnings on 5/1/14 before the market open.
Chevron (CVX) will report earnings on 5/2/14 before the market open of $2.10/share, beating consensus of $1.88/share.
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.
Cisco (CSCO) will report earnings on 5/14/14 after the market close.
Wal-Mart (WMT) reports earnings on 5/15/14 before the market open.
Home Depot (HD) reports earnings on 5/20/14 before the market open
Notable earnings reports from Tuesday include:
CST Brands (CST) reported first quarter EPS of $0.14 on revenue of $3.00 billion.
Fossil (FOSL) reported first quarter EPS of $1.22 on revenue of $776.50 million, compared to last year’s EPS of $1.21 on revenue of $680.90 million.
URS Corporation (URS) reported first quarter EPS of $0.60 on revenue of $2.54 billion, compared to last year’s EPS of $0.96 on revenue of $2.80 billion.
Stocks reporting earnings today include:
Cisco Systems, Inc. (CSCO) is expected to report third quarter EPS of $0.48 on revenue of $11.38 billion, compared to last year’s EPS of $0.51 on revenue of $12.22 billion.
Deere & Company (DE) is expected to report second quarter EPS of $2.47 on revenue of $9.65 billion, compared to last year’s EPS of $2.76 on revenue of $10.26 billion.
Macy’s Inc. (M) is expected to report first quarter EPS of $0.60 on revenue of $6.47 billion, compared to last year’s EPS of $0.55 on revenue of $6.39 billion.
Pinnacle Foods (PF) is expected to report first quarter EPS of $0.35 on revenue of $649.30 million, compared to last year’s EPS of $0.34 on revenue of $612.98 million.
Today’s Featured Dow Stock
Johnson & Johnson (JNJ) is up +10.30% year-to-date.
Financial Calendar
0700 ET Weekly MBA mortgage applications, previous +5.3% with purchase sub-index +8.9% and refi sub-index +2.4%.
0830 ET Apr final-demand PPI expected +0.2% m/m and +1.7% y/y, Mar +0.5% m/m and +1.4% y/y. Apr PPI ex food & energy expected +0.2% m/m and +1.4% y/y, Mar +0.6% m/m and +1.4% y/y.
1030 ET EIA Weekly Petroleum Status Report.