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 -11 points.

Tuesday the Dow was down -254.63 (-1.01%) at 24,964.75.

Year-to-date the Dow is up +0.99%.

There were 5 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Intel (INTC) +1.67% and Microsoft (MSFT) +0.78%.

The Dow stock losers Tuesday were led by Wal-Mart (WMT) -10.18% and Verizon (VZ) -2.45%.

JPMorgan (JPM) plans to build a headquarters in midtown Manhattan that would consolidate other offices into a new building for 15,000 employees on Park Avenue.

Walmart (WMT) posted a profit of $2.18 billion, or 73 cents a share, compared with a profit of $3.76 billion a year ago.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is up one-tenth of a cent at $2.526 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 12/21/17 after the market close of $0.46, beating estimates of $0.437 per share.

JPMorgan (JPM) reported earnings on 1/12/2018 before the market open of $1.07, missing estimates calling for $1.726 per share.

UnitedHealth (UNH) reported earnings on 1/16/2018 before the market open of $2.59, beating estimates of $2.559 per share.

Goldman Sachs (GS) reported earnings on 1/17/2018 before the market open of -$5.51 (includes tax loss), missing estimates calling for $5.064 per share.

American Express (AXP) reported earnings on 1/18/2017 after the market close of -$1.41, missing estimates calling for $1.564 per share.

IBM (IBM) reported earnings on 1/18/2018 after the market close of $5.01, missing estimates calling for $5.191 per share.

Johnson & Johnson (JNJ) reported earnings on 1/23/2018 before the market open of $1.19, beating estimates of $1.166 per share.

Procter & Gamble reports earnings on 1/23/2018 before the market open of $1.74, missing estimates calling for $1.757 per share.

Verizon (VZ) reported earnings on 1/23/2018 before the market open of $0.86, missing estimates of $0.887 per share.

Travelers (TRV) reported earnings on 1/23/2018 before the market open of $2.28, handily beating estimates calling for $1.657 per share.

General Electric (GE) reported earnings on 1/24/2018 before the market open of -$0.35, missing estimates calling for $0.282 per share.

United Technologies (UTX) reported earnings on 1/24/2018 before the market open of $1.60, meeting estimates of $1.597 per share.

Caterpillar (CAT) reported earnings on 1/25/2018 before the market open of $2.16, beating estimates calling for $1.827 per share.

Intel (INTC) reported earnings on 1/25/2018 after the market close of $1.08, beating estimates calling for $0.891 per share.

3M (MMM) reporte earnings on 1/25/2018 before the market open of $2.10, beating estimates of $2.052 per share.

Pfizer (PFE) reported earnings on 1/30/2018 before the market open of $0.62, beating estimates of $0.583 per share.

McDonald’s (MCD) reported earnings on 1/30/2018 before the market open of $0.87, missing estimates calling for $1.616 per share.

Microsoft (MSFT) reports earnings on 1/31/2018 after the close of $0.96, beating estimates of $0.895 per share.

Boeing (BA) reported earnings on 1/31/2018 before the market open of $4.80, beating estimates calling for $2.951 per share.

DowDupont (DWDP) reported earnings on 2/1/2018 before the market open of $0.83.

Apple (AAPL) reported earnings on 2/1/2018 after the market close of $3.89, beating estimates of $3.839 per share.

Visa (V) reported earnings on 2/1/2018 after the market close of $1.08, beating estimates of $1.007 per share.

Chevron (CVX) reported earnings on 2/2/2018 before the market open of $1.64, beating estimates of $1.306 per share.

Exxon Mobil (XOM) reported earnings on 2/2/2018 before the market open of $1.97, beating estimates of $1.092 per share.

Merck (MRK) reports earnings on 2/2/2018 before the market open of $0.98, beating estimates of $0.97 per share.

Disney (DIS) reported earnings on 2/6/2018 after the market close of $1.89, beating estimates calling for $1.633 per share.

Cisco (CSCO) reported earnings on 2/14/2018 after the market close of $0.63, beating estimates calling for $0.603 per share.

Coca Cola (KO) reported earnings on 2/16/2018 before the market open of $0.39, meeting expectations of $0.39 per share.

Home Depot (HD) reported earnings on 2/20/2018 before the market open of $1.52, missing estimates calling for $1.654 per share.

Wal-Mart (WMT) reported earnings on 2/20/2018 before the market open of $1.33, missing estimates calling for $1.379 per share.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is up +1.13% year-to-date.

Financial Calendar

12:00 MBA 30-Year Mortgage Rate, 4.64%, 4.57%

12:00 MBA Mortgage Applications (WoW), -6.6%, -4.1%

12:00 MBA Purchase Index , 225.5, 240.4

12:00 Mortgage Market Index, 372.9, 399.4

12:00 Mortgage Refinance Index, 1,183.1, 1,274.0

13:55 Redbook (YoY) 3.7%, 2.8%

13:55 Redbook (MoM), -0.7%, -1.1%

14:00 FOMC Member Harker Speaks

43 min Manufacturing PMI (Feb) , 55.4, 55.5

43 min Markit Composite PMI, 53.8

43 min Services PMI (Feb), 53.8, 53.3

58 min Existing Home Sales (Jan), 5.61M, 5.57M

58 min Existing Home Sales (MoM) (Jan, 0.9%, -3.6%

18:00 5-Year Note Auction, 2.434%

19:00 FOMC Meeting Minutes

21:30 API Weekly Crude Oil Stock, 3.947M