Dow stocks at 52 week highs include UnitedHealth (UNH). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -66 points.
Tuesday, the Dow closed up +3.66 (+0.02%) at 17,515.23.
Year-to-date the Dow is down -1.73%.
There were 15 Dow stocks up Tuesday.
The top Dow stock winners Tuesday included Coca Cola (KO) +1.48% and American Express (AXP) +1.42%.
Dow stock losers Tuesday were led by Johnson & Johnson (JNJ) -2.64% and Intel (INTC) -0.99%.
International Business Machines Corp. (IBM) reported earnings Tuesday afternoon, with a beat on earnings and a miss on revenues. Earnings per share came in at $5.81 versus an expected EPS of $5.41, marking the first earnings beat in six quarters for IBM. Revenues however fell short of estimates at $24.11 billion versus expectations of $24.77 billion. IBM also lowered guidance on fiscal 2015 EPS to $15.75-$16.50, below consensus of $16.53.
Exxon Mobil (XOM) was upgraded to ‘Outperform’ from ‘Market Perform’ at Wells Fargo.
Wal-Mart (WMT) was downgraded to ‘Equal Weight’ from ‘Overweight’ at Morgan Stanley.
UnitedHealth Group (UNH) reported Q4 EPS of $1.55, better than consensus of $1.50
European stocks are mostly lower and Asian markets ended mixed.
The national average price of gasoline is down six-tenths of a cent at $2.048 per gallon.
Earnings Reports.
JPMorgan (JPM) will report earnings on 1/14/2015 before the market open.
American Express (AXP) is expected to report earnings on 1/15/2015 after the market close.
Intel (INTC) will report earnings on 1/15/2015 after the market close.
Caterpillar (CAT) is expected to report earnings on 1/27/2015 before the market open.
Dupont (DD) will report earnings on 1/27/2015 before the market open.
General Electric (GE) will report earnings on 1/23/2015 before the market open.
Goldman Sachs (GS) will report earnings on 1/16/2015 before the market open.
International Business Machines (IBM) is expected to report earnings on 1/20/2015 after the market close.
Johnson & Johnson will report earnings on 1/20/2015 before the market open.
McDonald’s (MCD) will report earnings on 1/23/2015 before the market open.
3M (MMM) will report earnings on 1/27/2015 before the market open.
Microsoft (MSFT) will report earnings on 1/26/2015 after the market close.
Pfizer (PFE) will report earnings on 1/27/2015 before the market open.
Procter & Gamble (PG) is expected to report earnings on 1/27/2015 before the market open.
AT&T (T) will report earnings on 1/27/2015 after the market close.
Travelers (TRV) will report earnings on 1/22/2015 before the market open.
UnitedHealth (UNH) will report earnings on 1/21/2015 before the market open.
United Technologies (UTX) is expected to report earnings on 1/21/2015 before the market open.
Verizon (VZ) will report earnings on 1/22/2015 before the market open.
Today’s Featured Dow Stock
American Express Co. (AXP) is down -6.21% year-to-date.
Financial Calendar
0700 ET Weekly MBA mortgage applications, previous +49.1% with purchase sub-index +23.6% and refi sub-index +66.4%.
0830 ET Dec housing starts expected +1.2% to 1.040 million, Nov -1.7% to 1.028 million. Dec building permits expected +0.8% to 1.060 million, Nov -3.7% to 1.052 million.