Dow stocks at 52 week highs includes Intel (INTC). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +16 points.
Tuesday, the Dow closed up +61.81 (+0.36%) at 17,113.54.
Year-to-date the Dow is up +3.24%.
Dow stock winners Tuesday included Intel (INTC)) +2.14% and Goldman Sachs (GS) +1.92%.
Dow stock losers Tuesday included Travellers (TRV) -3.81% and Coca Cola (KO) -2.85%.
Tuesday there were 15 Dow stock winners.
Microsoft (MSFT) reported earnings today after the close of $0.55/share, missing estimates calling for $0.60/share. Although earnings were below expectations, sales topped forecasts as its commercial cloud revenue doubled. It’s Bing ad revenue was another bright spot with 40% growth. It’s shares were near unchanged at -0.0.1% for the day. However, shares were up $0.60 in after-hours trade.
Boeing (BA)reported earnings of $2.42/share this morning, beating consensus of $2.02/share.
European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is down seven-tenths of a cent at $3.558 per gallon.
Earnings Reports.
Nike (NKE) reported earnings on 6/26/14 after the market close of $0.78/share, beating consensus for $0.76/share.
Goldman Sachs (GS) reported earnings on 7/15/14 before the market open of $4.10/share, beating consensus of $3.07/share.
Intel (INTC) reported earnings on 7/15/14 after the market close of $0.55/share, beating consensus of $0.52/share.
Johnson & Johnson (JNJ) will report earnings on 7/15/14 before the market open.
JPMorgan (JPM) will report earnings on 7/15/14 before the market open.
United Technologies (UTX) will report earnings on 7/17/14 before the market open.
IBM (IBM) will report earnings on 7/17/14 after the market close.
General Electric (GE) will report earnings on 7/18/14 before the market open.
Dupont (DD) will report earnings on 7/22/14 before the market open.
Coca Cola (KO) will report earnings on 7/22/14 before the market open.
McDonald’s (MCD) will report earnings on 7/22/14 before the market open.
Microsoft (MSFT) will report earnings on 7/22/14 after the market close.
Travelers (TRV) will report earnings on 7/22/14 before the market open.
United Technologies (UTX) will report earnings on 7/22/14 before the market open.
Verizon (VZ) will report earnings on 7/22/14 before the market open.
Boeing (BA) will report earnings on 7/23/14 before the market open.
AT&T (T) will report earnings on 7/23/14 after the market close.
Caterpillar (CAT) will report earnings on 7/24/14 before the market open.
3M (MMM) will report earnings on 7/24/14 before the market open.
Visa (V) will report earnings on 7/24/14 after the market close.
Merck (MRK) will report earnings om 7/29/14 before the market open.
Pfizer (PFE) will report earnings on 7/29/14 before the market open
American Express (AXP) will report earnings on 7/29/14 after the market close.
Exxon Mobil (XOM) will report earnings on 7/31/14 before the market open.
Chevron (CVX) will report earnings on 8/1/14 before the market open.
Procter & Gamble (PG) will report earnings on 8/1/14 before the market open.
Notable earnings reports from Tuesday include:
Coca-Cola (KO) reported second quarter EPS of $0.64 on revenue of $12.57 billion, compared to last year’s EPS of $0.63 on revenue of $12.75 billion.
McDonald’s (MCD) reported second quarter EPS of $1.40 on revenue of $7.18 billion, compared to last year’s EPS of $1.38 on revenue of $7.08 billion.
Microsoft (MSFT) reported fourth quarter EPS of $0.55 on revenue of $23.38 billion, compared to last year’s EPS of $0.66 on revenue of $19.93 billion.
Verizon Communications (VZ) reported second quarter EPS of $0.91 on revenue of $31.50 billion, compared to last year’s EPS of $0.73 on revenue of $29.79 billion.
Apple (AAPL) reported third quarter EPS of $1.28 on revenue of $37.43 billion, compared to last year’s EPS of $1.07 on revenue of $35.32 billion.
Stocks reporting earnings today include:
AT&T (T) is expected to report second quarter EPS of $0.65 on revenue of $33.36 billion, compared to last year’s EPS of $0.67 on revenue of $32.08 billion.
Boeing Company (BA) is expected to report second quarter EPS of $1.99 on revenue of $22.44 billion, compared to last year’s EPS of $1.67 on revenue of $21.82 billion.
Dow Chemical Company (DOW) is expected to report second quarter EPS of $0.74 on revenue of $14.85 billion, compared to last year’s EPS of $0.64 on revenue of $14.58 billion.
PepsiCo (PEP) is expected to report second quarter EPS of $1.23 on revenue of $16.79 billion, compared to last year’s EPS of $1.31 on revenue of $16.81 billion.
Today’s Featured Dow Stock
Visa Inc. (V) is down -0.64% year-to-date.
Financial Calendar
0700 ET Weekly MBA mortgage applications, previous -3.6% with purchase sub-index -7.6% and refi sub-index -0.1%.
1030 ET EIA Weekly Petroleum Status Report.