Dow stocks at 52 week highs include Pfizer (PFE) and Merck (MRK). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -66 points.

Tuesday the Dow was down -56.21 (-0.21%) at 26,430.57.

Year-to-date the Dow is up +6.92%.

There were 13 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Walmart (WMT) +2.52%, Chevron (CVX) +1.59% and APple (AAPL) +1.39%.

The Dow stock losers Tuesday were led by United Technologies (UTX) -2.66%, 3M (MMM) -1.84% and Home Depot (HD) -1.34%.

McDonald’s (MCD +1.23%) was ugraded to ‘Buy’ from ‘Neutral’ at Guggenheim Securities with a price target of $200.

European stocks are lower and Asian markets ended higher.

The national average price of gasoline is unchanged at $2.911 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 9/25/2018 after the market close of $0.67, just beating estimates calling for $0.657 per share.

Walgreens (WBA) reports earnings on 10/11/18 before the market open.

JPMorgan (JPM) reports earnings on 10/12/18 before the market open.

Goldman Sachs (GS) reports earnings on 10/16/18 before the market open.

IBM (IBM) reports earnings on 10/16/18 after the market close.

Johnson & Johnson (JNJ) reports earnings on 10/16/18 before the market open.

UnitedHealth (UNH) reports earnings on 10/16/18 before the market open.

Travelers (TRV) reports earnings on 10/19/18 before the market open.

American Express (AXP) reports earnings on 10/18/18 after the market close.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) is down -10.54% year-to-date.

Financial Calendar

11:00 MBA 30-Year Mortgage Rate, 4.96%

11:00 MBA Mortgage Applications (WoW), 0.0%

11:00 MBA Purchase Index, 240.7

11:00 Mortgage Market Index, 352.6

11:00 Mortgage Refinance Index , 945.9

12:30 Core PPI (YoY) (Sep), 2.5%, 2.3%

12:30 Core PPI (MoM) (Sep), 0.2%, -0.1%

12:30 PPI (MoM) (Sep), 0.2%, -0.1%

12:30 PPI (YoY) (Sep), 2.8%, 2.8%

12:55 Redbook (YoY), 5.7%

12:55 Redbook (MoM), 0.3%

14:00 Wholesale Inventories (MoM) (Aug), 0.8%, 0.8%

16:15 Chicago Fed President Evans Speaks

17:00 10-Year Note Auction, 2.957%

17:00 3-Year Note Auction, 2.821%

20:30 API Weekly Crude Oil Stock, 0.907M

22:00 FOMC Member Bostic Speaks