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 up +50 points.
Wednesday the Dow was up +257.42 (+1.59%) at 16,453.83.
Year-to-date the Dow is down -5.57%.
There were 28 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Chevron (CVX) +4.13% and Boeing (BA) +3.32%.
The Dow stock losers Wednesday were led by Pfizer (PFE) -0.60% and McDonald’s (MCD) -0.45%.
Wal-Mart (WMT +0.32%) slid 3% in premarket trading after it reported Q4 revenue of $129.7 billion, below consensus of $130.6 billion, and cut its yearly sales forecast to “relatively flat” from a previous view of up 3%-4%. Earnings came in at $1.49, beating estimates of $1.459 per share.
European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is up nine-tenths of a cent at $1.719 per gallon
Earnings Reports.
JPMorgan (JPM) reported earnings on 1/14/2015 before the market open of $1.32, better than consensus of $1.261.
Intel (INTC) reported earnings on 1/14/2015 after the market close of $0.74, beating estimates of $0.63 per share.
UnitedHealth (UNH) reported earnings on 1/19/2016 before the market open of $1.40, beating estimates of $1.37 per share.
IBM (IBM) reported earnings on 1/19/2016 after the market close of $4.84, beating estimates of $4.755 per share.
Goldman Sachs (GS) reported earnings on 1/20/2015 before the market open of $1.27, missing estimates calling for $3.79 per share.
American Express (AXP) reported earnings on 1/21/2016 after the market of $1.23, beating consensus of $1.13 per share.
Travelers (TRV) reported earnings on 1/21/2016 before the market open of $2.90, beating estimates calling for $2.70 per share.
Verizon (VZ) reported earnings on 1/21/2016 before the market open of $0.89, beating estimates for $0.877 per share.
General Electric (GE) reported earnings on 1/22/2016 before the market open of $0.31, missing estimates for $0.495 per share.
McDonald’s (MCD) reported earnings on 1/25/2016 before the market open of $1.31, beating estimates calling for $1.228 per share.
3M (MMM) reports earnings on 1/26/2016 before the market open of $1.66, beating estimates for $1.62 per share.
Apple (AAPL) reported earnings on 1/26/2016 before the market open of $3.28, beating estimates for $3.235 per share.
Dupont (DD) reported earnings on 1/26/2016 before the market open of $0.27, beating estimates for $0.259 per share.
Procter & Gamble (PG) reported earnings on 1/26/2016 before the market open of $1.04, beating estimates for $0.98 per share.
Johnson & Johnson (JNJ) reported earnings on 1/26/2016 after the market close of $1.44, beating estimates for $1.418 per share.
Boeing (BA) reported earnings on 1/27/2016 before the market open.of $1.60, beating estimates for $1.35 per share
United Technologies (UTX) reported earnings on 1/27/2016 before the market open of$1.53, beating estimates for $1.505 per share.
Microsoft (MSFT) reported earnings on 1/28/2015 after the market close of $0.78, beating estimates for $0.693.
Visa (V) reported earnings on 1/28/2015 after the market close of $0.69, beating estimates for $0.675.
Caterpillar (CAT) reported earnings on 1/28/2016 before the market open of $0.74, beating estimates for $0.694 per share.
Chevron (CVX) reported earnings on 1/29/2016 before the market open of -$0.31, missing estimates calling for $0.478 per share.
Exxon Mobil (XOM) reported earnings on 2/2/2016 before the market open of $0.67, beating estimates for $0.637.
Pfizer (PFE) reported earnings on 2/2/2016 before the market open of $0.53, beating estimates calling for $0.516.
Merck (MRK) reported earnings on 2/3/2016 before the market open of $0.93, beating estimates for $0.913.
Coca Cola (KO) reported earnings on 2/9/2016 before the market open of $0.38, beating estimates for $0.37 per share.
Disney (DIS) reported earnings on 2/9/2016 after the market close of $1.63, beating estimates calling for $1.444 per share.
Cisco (CSCO) reported earnings on 2/10/2016 after the market close of $0.57, beating estimates for $0.496 per share.
Wal-Mart (WMT) reported earnings on 2/18/2016 before the market open of $1.49, beating estimates calling for $1.459 per share.
Home Depot (HD) reports earnings on 2/23/2016 before the market open.
Today’s Featured Dow Stock
Travelers (TRV) is down -3.26% year-to-date.
Financial Calendar
0830 ET Weekly initial unemployment claims expected +6,000 to 275,000, previous -16,000 to 269,000. Weekly continuing claims expected +11,000 to 2.250 million, previous -21,000 to 2.239 million.
0830 ET Feb Philadelphia Fed business outlook survey expected +0.5 to -3.0, Jan +6.7 to -3.5.
1000 ET Jan leading indicators expected -0.2%, Dec -0.2%.
1100 ET EIA Weekly Petroleum Status Report.
1100 ET Treasury announces amount of 2-year T-notes (previous $26 billion, 2-year floating-rate notes (previous $15 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Feb 23-25.
1300 ET Treasury auctions $7 billion 30-year TIPS.
1530 ET San Francisco Fed President John Williams delivers a speech on the economic outlook at an event in Los Angeles, CA.