Dow stocks at 52 week highs include Visa (V) and Walmart (WMT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +104 points.
Tuesday the Dow was down -22.65 (-0.08%) at 26,783.49.
Year-to-date the Dow is up +14.82%.
There were 13 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Goldman Sachs (GS) +0.98%, Merck (MRK) +0.98% and Visa (V) +0.87%.
The Dow stock losers Tuesday were led by Verizon (VZ) -2.56%, 3M (MMM) -2.06% and Dow (DOW) -1.34%.
After years of development, JPMorgan (JPM) is releasing a digital investing service called “You Invest Portfolios”. For an annual fee of 0.35% of assets, J.P. Morgan will put users into an investment portfolio made up of the bank’s ETFs. Unlike most rivals, JPMorgan is waiving fees for the underlying investments, which should cut investors’ costs by about 15 basis points, according to the bank.
European stocks are mostly higher and Asian markets ended mostly lower.
The national average price of gasoline is up one-tenth of a cent at $2.750 per gallon.
Earnings Reports
Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.
Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.
Goldman Sachs (GS) reports earnings on 7/16/2019 before the market open.
Johnson & Johnson (JNJ) reports earnings on 7/16/2019 before the market open.
JPMorgan (JPM) reports earnings on 7/16/2019 before the market open.
IBM (IBM) reports earnings on 7/17/2019 after the market close.
UnitedHealth (UNH) reports earnings on 7/18/2019 before the market open.
Microsoft (MSFT) reports earnings on 7/18/2019 after the market close.
American Express (AXP) reports earnings on 7/19/2019 before the market open.
Today’s Featured Dow Stock
Nike (NKE) is up +18.75% year-to-date.
Financial Calendar
7:00 AM ET MBA Mortgage Applications
10:00 AM ET Atlanta Fed Business Inflation Expectations
10:00 AM ET Jerome Powell Speaks
10:00 AM ET Wholesale Trade
10:30 AM ET EIA Petroleum Status Report
2:00 PM ET FOMC Minutes