Dow stocks at 52 week highs include Boeing (BA) and IBM (IBM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +7 points.

Friday the Dow was up +94.85 (+0.48%) at 19,827.25.

Year-to-date the Dow is up +0.33%.

There were 24 Dow stocks up Friday.

The Dow stock winners Friday were led by Merck (MRK) +3.65% and Procter & Gamble (PG) +3.25%.

The Dow stock losers Friday were led by General Electric (GE) -2.18% and Wal-Mart (WMT) -0.65%.

McDonald’s (MCD) reported earnings this morning. See results below in the earnings section.

Merck (MRK +3.65%) will pay $625 million to settle patent-infringement litigation against Bristol-Myers Squibb and Ono Pharmaceutical for infringing on both companies’ patents covering use of PD-1 antibodies to treat cancer.

Verizon (VZ +0.69%) was downgraded to ‘Market Perform’ from ‘Outperform at Wells Fargo Securities.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is down three-tenths of a cent at $2.310 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 12/20/16 after the market close of $0.50, beating estimates calling for $0.431 per share.

JPMorgan (JPM) reported earnings on 1/13/2016 before the market open of $1.71, beating estimates calling for $1.422 per share.

UnitedHealth (UNH) reported earnings on 1/17/2017 before the market open of $2.11, beating estimates of $2.073 per share.

Goldman Sachs (GS) reported earnings on 1/18/2017 before the market open of $5.08, beating estimates of $4.761 per share.

American Express (AXP) reported earnings on 1/19/2017 after the market close of $0.91, lower than estimates calling for $0.979 per share.

IBM (IBM) reported earnings on 1/19/2017 after the market close of $5.01, beating estimates calling for $4.89 per share.

General Electric (GE) reported earnings on 1/20/2017 before the market open of $1.08, beating estimates of $1.06 per share.

McDonald’s (MCD) reported earnings on 1/23/2017 before the market open of $1.44, beating estimates calling for $1.407 per share.

Dupont (DD) reports earnings on 1/24/2017 before the market open.

Johnson & Johnson (JNJ) reports earnings on 1/24/2017 before the market open.

3M (MMM) reports earnings on 1/24/2017 before the market open.

Travelers (TRV) reports earnings on 1/24/2017 before the market open.

Verizon (VZ) reports earnings on 1/24/2017 before the market open.

Boeing (BA) reports earnings on 1/25/2017 before the market open.

Procter & Gamble (PG) reports earnings on 1/25/2017 before the market open.

United Technologies (UTX) reports earnings on 1/25/2017 before the market open.

Caterpillar (CAT) reports earnings on 1/26/2017 before the market open.

Intel (INTC) reports earnings on 1/26/2017 after the market close.

Microsoft (MSFT) reports earnings on 1/26/2017 after the market close.

Chevron (CVX) reports earnings on 1/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 1/31/2017 before the market open.

Apple (AAPL) reports earnings on 1/31/2017 after the market close.

Pfizer (PFE) reports earnings on 1/31/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 2/2/2017 before the market open.

Merck (MRK) reports earnings on 2//2017 after the market close.

Disney (DIS) reports earnings on 2/7/2017 after the market close.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) is down -3.03% year-to-date.

Financial Calendar

1100 ET USDA weekly grain export inspections.