Dow stocks at 52 week highs include Apple (AAPL), Home Depot (HD) and Microsoft (MSFT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +45 points.
Monday the Dow was up +31.33 (+0.11%) at 28,06.22.
Year-to-date the Dow is up +20.19%.
There were 14 Dow stocks up Monday.
The Dow stock winners Monday were led by Disney (DIS) +2.06%, UnitedHealth (UNH) +1.31% and Nike (NKE) +1.23%.
The Dow stock losers Monday were led by Chevron (CVX) -1.73%, Caterpillar (CAT) -1.18% and Dow (DOW) -0.98%.
Shares of Home Depot (HD) fell 3.5% in early trading Tuesday after the company reported third-quarter earnings results that missed Wall Street’s expectations. Earnings per share were $2.53 reported versus $2.53 expected. Revenue was $27.22 billion reported versus $27.72 billion expected. Same-store sales were +3.6% reported versus +4.6% expected. The company also cut its full-year outlook for the rest of 2019, saying that some of its business investments, including updates to its online shopping experience, haven’t yet benefited sales. Home Depot now expects full-year comparable sales to grow about 3.5%, where it previously had forecast about 4%. The company also trimmed its revenue outlook to growth of 1.8% from 2.3%, but maintained its expectation of earnings per share of about $10.03.
European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is down two-tenths of a cent at $2.595 per gallon.
Earnings Reports
Cisco (CSCO) reported earnings on 11/13/2019 after the market close of $0.84, beating estimates of $0.826 per share.
Walmart (WMT) reported earnings on 11/14/2019 before the market open of $1.17, beating estimates calling for $1.117 per share.
Home Depot (HD) reported earnings on 11/19/2019 before the market open of $2.53, missing estimates calling for $2.567 per share.
Today’s Featured Dow Stock
Travelers (TRV) is up +12.14% year-to-date.
Financial Calendar
8:30 AM ET Housing Starts
8:55 AM ET Redbook
10:00 AM ET Quarterly Services Report [Advance]
10:00 AM ET E-Commerce Retail Sales