There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -271 points.

Monday, the Dow closed up +6.10 (+0.03%) at 17,678.70.

Year-to-date the Dow is down -0.84%.

There were 6 Dow stocks up Monday.

The top Dow stock winners Monday included General Electric (GE) +0.82% and Nike (NKE) +0.32%

Dow stock losers Monday were led by Exxon Mobil (XOM) -2.13% and Chevron (CVX) -1.90%.

Microsoft (MSFT) fell over 4% in premarket trading after it reported Q2 EPS of 71 cents, right on consensus, but said that commercial-licesnse revenue fell.

Procter & Gamble (PG) reported Q2 core EPS of $1.06, below consensus of $1.13.

Pfizer (PFE) fell nearly 3% in premarket trading after it reported Q4 adjusted EPS of 54 cents, better than consensus of 53 cents, but then lowered guidance on fiscal 2015 adjusted EPS to $2.00-$2.10, less than consensus of $2.18.

United Technologies (UTX) reported Q4 EPS of $1.62, right on consensus, but then lowered guidance on fiscal 2015 EPS to $6.85-$7.05 from $7.00-$7.20, below consensus of $7.19.

The Fed begins it’s 2-day policy meeting today.

European stocks are mostly lower and Asian markets ended mixed.

The national average price of gasoline is up five-tenths of a cent at $2.038 per gallon.

Earnings Reports.

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

Chevron Corp. (CVX)

Chevron Corp. (CVX) is down -2.94% year-to-date.

Financial Calendar

0830 ET Dec durable goods orders expected +0.4% and +0.6% ex transportation, Nov -0.9% and -0.7% ex transportation. Dec capital goods orders non-defense ex-aircraft expected unch, Nov -0.5%.

0900 ET Nov S&P/CaseShiller composite-20 home price index expected +0.65% m/m and +4.30% y/y, Oct +0.76% m/m and +4.50% y/y.

0945 ET Preliminary-Jan Markit U.S. services PMI expected +0.5 to 53.8, Dec -2.6 to 53.6.

1000 ET Dec new home sales expected +2.7% to 450,000, Nov -1.6% m/m to 438,000.

1000 ET Jan consumer confidence (Conference Board) expected +2.9 to 95.5, Dec +1.6 to 92.6.

1000 ET Jan Richmond Fed manufacturing index expected -2 to 5, Dec +3 to 7.

1030 ET FOMC begins 2-day policy meeting.