There are no Dow stocks at 52 week highs.Dow stock 52 week lows include Nike (NKE).

The Market

Premarket today, the Dow was indicated to open up +17 points.

Monday the Dow was down -18.77 (-0.10%) at 18,142.42.

Year-to-date the Dow is up +4.12%.

There were 14 Dow stocks up Monday.

The Dow stock winners Monday were led by Chevron (CVX) +0.90% and IBM (IBM) +0.71%.

The Dow stock losers Monday were led by Nike (NKE) -3.54% and Exxon Mobil (XOM) -1.72%.

Pfizer Inc. surprised investors Tuesday by announcing it is ending development of an experimental cholesterol-lowering drug that was projected to be a blockbuster, and reported third-quarter earnings that fell short of analysts’ estimates. See earnings below.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down four-tenths of a cent at $2.206 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/27/2016 after the market close of $0.73, beating consensus of $0.556 per share.

JPMorgan (JPM) reported earnings on 10/17/2016 before the market open of $1.58, beating estimates calling for $1.401 per share..

IBM (IBM) reported earnings on 10/17/2016 after the market close of $3.29, beating estimates of $3.214 per share.

Goldman Sachs (GS) reported earnings on 10/18/2016 before the market open of $4.88, crushing estimates calling for $3.855 per share.

Johnson & Johnson (JNJ) reported earnings on 10/18/2016 before the market open of $1.68, beating estimates for $1.646 per share.

Intel (INTC) reported earnings on 10/18/2016 before the market open of $0.80, beating estimates calling for $0.727 per share.

UnitedHealth (UNH) reported earnings on 10/18/2016 before the market open of $2.17, beating estimates of $2.077 per share.

American Express (AXP) reported earnings on 10/19/2016 after the market close of $1.24, beating estimates of $0.963 per share.

Microsoft (MSFT) reported earnings on 10/20/2016 after the market close of $0.76, beating estimates of $0.678 per share.

Verizon (VZ) reported earnings on 10/20/2016 before the market open of $1.01, beating estimates of $0.992 per share.

Travelers (TRV) reported earnings on 10/20/2016 before the market open of $2.40, beating estimates of $2.374 per share.

General Electric (GE) reported earnings on 10/21/2016 before the market open of $0.32, Beating estimates of $0.305 per share.

McDonald’s (MCD) reported earnings on 10/21/2016 before the market open of $1.50, beating estimates of $1.483 per share.

Visa (V) reported earnings on 10/24/2016 before the market open of $0.78, beating estimates calling for $0.729 per share.

Apple (AAPL) reported earnings on 10/25/2016 after the market close of $1.67, barely beating estimates of $1.656 per share.

Procter & Gamble (PG) reported earnings on 10/25/2016 before the market open of $1.03, beating estimates of $0.976 per share.

Merck (MRK) reported earnings on 10/25/2016 before the market open of $1.07, beating estimates of $0.984 per share.

3M (MMM) reported earnings on 10/25/2016 before the market open $2.15, barely beating estimates of $2.144 per share.

United Technologies (UTX) reported earnings on 10/25/2016 before the market open of $1.76, beating estimates calling for $1.68 per share.

Dupont (DD) reported earnings on 10/25/2016 before the market open of $0.34, beating estimates of $0.21 per share.

Caterpillar (CAT) reported earnings on 10/25/2016 before the market open of $0.85, beating estimates calling for $0.748 per share.

Coca Cola (KO) reported earnings on 10/26/2016 before the market open $0.49, barely beating estimates calling for $0.482 per share.

Boeing (BA) reported earnings on 10/26/2016 before the market open of $3.51, smashing estimates calling for $2.62 per share.

Chevron (CVX) reported earnings on 10/28/2016 before the market open of $0.68, beating estimates calling for $0.39 per share.

Exxon Mobil (XOM) reported earnings on 10/28/2016 before the market open of $0.63, beating estimates of $0.595 per share.

Pfizer (PFE) reported earnings on 11/1/2016 before the market open of $0.61, missing estimates calling for $0.62 per share.

Disney (DIS) reports earnings on 11/10/2016 after the market close.

Home Depot (HD) reports earnings on 11/15/2016 before the market open.

Cisco (CSCO) reports earnings on 11/16/2016 after the market close.

Wal-Mart (WMT) reports earnings on 11/17/2016 before the market open.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is up +6.89% year-to-date.

Financial Calendar

0945 ET Revised-Oct Markit U.S. manufacturing PMI expected unch at 53.2, prelim-Oct +1.7 to 53.2.

1000 ET Sep construction spending expected +0.5%, Oct -0.7% m/m.

1000 ET Oct ISM manufacturing index expected +0.2 to 51.7, Sep +2.1 to 51.5. Oct ISM new orders, Sep +6.0 to 55.1. Oct ISM employment, Sep +1.4 to 49.7. Oct ISM prices paid expected +1.3 to 54.3, Sep unch at 53.0.

1030 ET FOMC begins 2-day policy meeting.

n/a Oct total vehicle sales expected 17.60 million, Sep 17.65 million. Oct domestic vehicle sales expected 13.68 million, Sep 13.87 million.