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 -49 points.

Wednesday the Dow was up +115.27 (+0.43%) at 27,186.69.

Year-to-date the Dow is up +16.54%.

There were 11 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Johnson & Johnson (JNJ) +2.88%, McDonald’s (MCD) +2.22% and Merck (MRK) +1.32%.

The Dow stock losers Wednesday were led by Chevron (CVX) -1.50%, Exxon Mobil (XOM) -1.05% and Dow (DOW) -0.89%.

At the latest Fed meeting, policymakers voted for a third straight Fed rate cut, but signaled that they would likely be on hold.

Chinese officials see a long-term China trade deal as doubtful, according to a Bloomberg News report. That also comes as U.S. and Chinese officials work on finalizing the “phase one” China trade deal, which essentially amounts to a trade truce.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up three-tenths of a cent at $2.614 per gallon.

Earnings Reports

Goldman Sachs (GS) reported earnings on 10/15/2019 before the open of $4.79, missing estimates calling for $4.81 per share.

Johnson & Johnson (JNJ) reported earnings on 10/15/2019 before the open of $2.12, beating estimates calling for $2.048 per share.

JPMorgan (JPM) reported earnings on 10/15/2019 before the open of $2.68, beating estimates calling for $2.483 per share.

UnitedHealth (UNH) reported earnings on 10/15/2019 before the open of $3.88, beating estimates of $3.783 per share.

IBM (IBM) reported earnings on 10/16/2019 after the market close of $2.68, just missing estimates calling for $2.69 per share.

American Express (AXP) reported earnings on 10/18/2019 before the market open of $2.08, just missing estimates calling for $2.084 per share.

Coca Cola (KO) reported earnings on 10/18/2019 before the market open of $0.56, missing estimates calling for $0.577 per share.

United Technologies (UTX) reported earnings on 10/22/2019 before the market open of $2.21, beating estimates of $2.08 per share.

Procter & Gamble (PG) reported earnings on 10/22/2019 before the market open of $1.39, beating estimates of $1.258 per share.

McDonald’s (MCD) reported earnings on 10/22/2019 before the market open of $2.11, missing estimates calling for $2.233 per share.

Travelers (TRV) reported earnings on 10/22/2019 before the market open of $1.43, missing estimates calling for $2.379 per share.

Boeing (BA) reported earnings on 10/23/2019 before the market open of $1.45, missing estimates of $2.205 per share.

Caterpillar (CAT) reported earnings on 10/23/2019 before the market open of $2.66, missing estimates calling for $2.854 per share.

Microsoft reported earnings on 10/23/2019 after the market close of $1.38, beating estimates calling for $1.306 per share.

Dow (DOW) reported earnings on 10/24/2019 before the market open of $0.91 per share.

3M (MMM) reported earnings on 10/24/2019 before the market open of $2.72, beating estimates calling for $2.454 per share.

Intel (INTC) reported earnings on 10/24/2019 after the market close of $1.42, beating estimates of $1.275 per share.

Visa (V) reported earnings on 10/24/2019 after the market close of $1.47, beating estimates of $1.458 per share.

Verizon (VZ) reported earnings on 10/25/2019 before the market open of $1.25, pretty much meeting estimates calling for $1.254 per share.

Walgreens (WBA) reported earnings on 10/28/2019 before the market open of $1.43, missing estimates calling for $1.451 per share.

Merck (MRK) reported earnings on 10/29/2019 before the market open of $1.51, beating estimates of $1.28 per share.

Pfizer (PFE) reported earnings on 10/29/2019 before the market open of $0.75, beating estimates calling for $0.644 per share.

Apple (AAPL) reported earnings on 10/30/2019 after the market close of $3.03, beating estimates calling for $2.891 per share.

Chevron (CVX) reports earnings on 11/1/2019 before the market open.

Exxon Mobil (XOM) reports earnings on 11/1/2019 before the market open.

Disney (DIS) reports earnings on 11/7/2019 after the market close.

Today’s Featured Dow Stock

Exxon Mobil (XOM)

Exxon Mobil (XOM) is down -0.69% year-to-date.

Financial Calendar

7:30 AM ET Challenger Job-Cut Report

8:30 AM ET Jobless Claims

8:30 AM ET Personal Income and Outlays

8:30 AM ET Employment Cost Index

9:45 AM ET Chicago PMI

10:30 AM ET EIA Natural Gas Report

3:00 PM ET Farm Prices

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply