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 +9 points.

Monday the Dow was down -144.23 (-0.57%) at 25,306.83.

Year-to-date the Dow is up +2.38%.

There were 16 Dow stocks up Monday.

The Dow stock winners Monday were led byMerck (MRK) +2.08% and Chevron (CVX) +1.48%.

The Dow stock losers Monday were led by Visa (V) -3.01% and American Express (AXP) -2.89%.

Intel (INTC +0.02%) was upgraded to ‘Buy’ from ‘Hold’ at DZ Bank AG with a price target of $55.

European stocks are mostly higher and Asian markets ended mostly hiigher.

The national average price of gasoline is up five-tenths of a cent at $2.862 per gallon.

Earnings Reports.

Walgreens (WBA) reported earnings on 6/28/2018 before the market open with $1.53 per share, beating estimates calling for $1.503 per share.

Nike (NKE) reported earnings on 6/28/2018 after the market close of $0.69, beating estimates of $0.673 per share.

JPMorgan (JPM) reported earnings on 7/13/2018 before the market open of $2.27, beating estimates calling for $2.27 per share.

Goldman Sachs (GS) reported earnings on 7/17/2018 before the market open of $5.98, beating estimates calling for $4.66 per share.

Johnson & Johnson (JNJ) reported earnings on 7/17/2018 before the market open of $2.10, beating estimates of $2.083 per share.

UnitedHealth (UNH) reported earnings on 7/17/2018 before the market open of $3.14, beating estimates of 3.088 per share.

American Express (AXP) reported earnings on 7/18/2018 after the market close of $1.84, missing estimates calling for $1.868 per share.

IBM (IBM) reported earnings on 7/18/2018 after the market close of $3.08, beating estimates calling for $3.058 per share.

Travelers (TRV) reported earnings on 7/19/2018 before the market open $1.92, missing estimates of $2.446 per share.

Microsoft (MSFT) reported earnings on 7/19/2018 after the market close of $1.13, beating estimates calling for $1.11 per share.

3M (MMM) reported earnings on 7/24/2018 before the market open of $3.07, beating estimates of $2.603 per share.

United Technologies (UTX) reported earnings on 7/24/2018 before the market open of $1.97, beating estimates calling for $1.88 per share.

Verizon (VZ) reported earnings on 7/24/2018 before the market open of $1.20, beating estimates of $1.159 per share.

Boeing (BA) reported earnings on 7/25/2018 before the market open of $3.33, missing estimates of $3.448 per share.

Coca Cola (KO) reported earnings on 7/25/2018 before the market open of $0.61, meeting expectations of $0.609 per share.

McDonald’s (MCD) reported earnings on 7/26/2018 before the market open of $1.90, missing estimates of $1.965 per share.

Intel (INTC) reported earnings on 7/26/2018 after the market close of $1.04, beating estimates of $1.00 per share.

Chevron (CVX) reported earnings on 7/27/2018 before the market open of $1.78, missing estimates calling for $2.095 per share.

Exxon Mobil (XOM) reported earnings on 7/27/2018 before the market open of $0.92, missing estimates calling for $1.249 per share.

Merck (MRK) reported earnings on 7/27/2018 before the market open of $1.06, meeting expectations of $1.059 per share.

Caterpillar (CAT) reported earnings on 7/30/2018 before the market open of $2.97, beating estimates calling for $2.747 per share.

Pfizer (PFE) reported earnings on 7/31/2018 before the market open of $0.81, beating estimates calling for $0.754 per share.

Procter & Gamble (PG) reports earnings on 7/31/2018 before the market open.

Apple (AAPL) reports earnings on 7/31/2018 after the market close.

DowDuPont (DWDP) reports earnings on 8/2/2018 before the market open.

Disney (DIS)) reports earnings on 8/7/2018 after the market close.

Today’s Featured Dow Stock

Caterpillar (CAT)

Caterpillar (CAT) is down -11.31% year-to-date.

Financial Calendar

12:30 Core PCE Price Index (YoY) (Jun), 2.0%, 2.0%

12:30 Core PCE Price Index (MoM) (Jun), 0.1%, 0.2%

12:30 Employment Benefits (QoQ) (Q2), 0.70%

12:30 Employment Cost Index (QoQ) (Q2), 0.7%, 0.8%

12:30 Employment Wages (QoQ) (Q2), 0.90%

12:30 PCE Deflator (YoY), 2.3%, 2.3%

12:30 PCE Deflator (MoM), 0.1%, 0.2%

12:30 Personal Income (MoM) (Jun), 0.4%, 0.4%

12:30 Personal Spending (MoM) (Jun), 0.4%, 0.2%

12:30 Real Personal Consumption (MoM) (Jun), 0.3%

12:55 Redbook (YoY), 3.8%

12:55 Redbook (MoM), 0.3%

13:00 S&P/CS HPI Composite – 20 s.a. (MoM) (May), 0.2%, 0.2%

13:00 S&P/CS HPI Composite – 20 n.s.a. (MoM) (May), 0.8%

13:00 S&P/CS HPI Composite – 20 n.s.a. (YoY) (May), 6.4%, 6.6%

13:45 Chicago PMI (Jul), 61.9, 64.1

14:00 CB Consumer Confidence (Jul), 126.5, 126.4

14:30 Dallas Fed Services Revenues (Jul), 19.0

14:30 Texas Services Sector Outlook (Jul), 22.4

15:30 4-Week Bill Auction, 1.880%

20:30 API Weekly Crude Oil Stock, -3.160M