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

The Market

Premarket today, the Dow was indicated to open down -440 points.

Monday the Dow was down -126.93 (-0.50%) at 25,317.41.

Year-to-date the Dow is up +2.42%.

There were 11 Dow stocks up Monday.

The Dow stock winners Monday were led by Intel (INTC) +2.30%, Nike (NKE) +0.93% and Cisco (CSCO) +0.93%.

The Dow stock losers Monday were led by Goldman Sachs (GS) -2.36%, American Express (AXP) -2.08% and United Technologies (UTX) -1.77%.

Chevron (CVX) was assumed an ‘Overweight’ rating at Piper Jaffray with a price target of $139.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down SEVEN-tenths of a cent at $2.845 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) reported earnings on 10/11/18 before the market open of $1.48, barely beating estimates of $1.471 per share.

JPMorgan (JPM) reported earnings on 10/12/18 before the market open of $2.36, beating estimates calling for $2.26 per share.

Goldman Sachs (GS) reported earnings on 10/16/18 before the market open of $6.28, beating estimates of $5.695 per share.

IBM (IBM) reported earnings on 10/16/18 after the market close of $3.42, missing estimates of $3.434 per share.

Johnson & Johnson (JNJ) reported earnings on 10/16/18 before the market open of $2.05, missing estimates calling for $2.061 per share.

UnitedHealth (UNH) reported earnings on 10/16/18 before the market open of $3.41, beating estimates of $3.356 per share.

Procter & Gamble (PG) reported earnings on 10/19/2018 before the market open of $1.12,meeting expectations of $1.116 per share.

Travelers (TRV) reported earnings on 10/19/18 before the market open of $2.54, beating estimates calling for $2.19 per share.

American Express (AXP) reported earnings on 10/18/18 after the market close of $1.88,beating estimates of $1.808 per share.

McDonald’s (MCD) reported earnings on 10/23/2018 before the market open of $2.10, beating estimates of $2.012 per share.

3M (MMM) reported earnings on 10/23/2018 before the market open of $2.58, missing estimates of $2.726 per share.

United Technologies (UTX) reported earnings on 10/23/2018 before the market open of $1.93, beating estimates calling for $1.861 per share.

Verizon (VZ) reports earnings on 10/23/2018 before the market open of $1.22, beating estimates of $1.211 per share.

Boeing (BA) reports earnings on 10/24/2018 before the market open.

Microsoft (MSFT) reports earnings on 10/24/2018 after the market close.

Visa (V) reports earnings on 10/24/2018 after the market close.

Merck (MRK) reports earnings on 10/25/2018 before the market open.

Visa (V) reports earnings on 10/25/2018 after the market close.

Coca Cola (KO) reports earnings on 10/30/2018 before the market open.

Pfizer (PFE) reports earnings on 10/30/2018 before the market open.

Intel (INTC) reports earnings on 11/1/2018 after the market close.

Chevron (CVX) reports earnings on 11/2/2018 after the market close.

Exxon Mobil (XOM) reports earnings on 11/2/2018 after the market close.

Disney (DIS) reports earnings on 11/8/2018 after the market close.

Home Depot (HD) reports earnings on 11/13/2018 before the market open.

Cisco (CSCO) reports earnings on 11/14/2018 after the market close.

Walmart (WMT) reports earnings on 11/15/2018 before the market open.

Today’s Featured Dow Stock

3M (MMM)

3M (MMM) is down -14.45% year-to-date.

Financial Calendar

12:55 Redbook (YoY), 5.8%

12:55 Redbook (MoM), 0.1%

13:30 FOMC Member Kashkari Speaks

14:00 Richmond Manufacturing Index (Oct), 25, 29

14:00 Richmond Manufacturing Shipments (Oct), 33

14:00 Richmond Services Index (Oct), 18

15:30 4-Week Bill Auction, 2.155%

15:30 8-Week Bill Auction, 2.170%

17:00 2-Year Note Auction, 2.829%

17:30 FOMC Member Bostic Speaks

20:30 API Weekly Crude Oil Stock, -2.100M

22:15 Chicago Fed President Evans Speaks