Dow stocks at 52 week highs include Apple (AAPL), Intel (INTC), Johnson & Johnson (JNJ), Coca Cola (KO), Microsoft (MSFT), Nike (NKE), UnitedHealth (UNH) and Visa (V). Dow stock 52 week lows include Boeing (BA).
The Market
Premarket today, the Dow was indicated to open up +67 points.
Tuesday the Dow was down -152.06 (-0.52%) at 29,196.04.
Year-to-date the Dow is up +2.30%.
There were 12 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Intel (INTC) +1.59%, Visa (V) +1.27% and UnitedHealth (UNH) +0.69%.
The Dow stock losers Tuesday were led by Boeing (BA) -3.33%, Chevron (CVX) -1.96% and Goldman Sachs (GS) -1.51%.
Boeing (BA) remains on watch after falling 3.3% Wednesday. The jet maker’s stock fell after it said that it now estimates a mid-2020 return for its grounded 737 Max jet.
IBM (IBM) reported quarterly profit of $4.71 per share. Revenue also came in better than Street forecasts and broke a five-quarter streak of year-over-year declines. IBM also gave better-than-expected full-year 2020 earnings guidance.
Intel (INTC) named Medtronic (MDT) CEO Omar Ishrak as its new independent chairman effective immediately, after Andy Bryant stepped down from that role at the chipmaker earlier this month.
Johnson & Johnson (JNJ) reported quarterly profit of $1.88 per share. Revenue was slightly below forecasts. J&J’s bottom line was helped by strength in medical devices and improved profitability in its consumer business.
European stocks are lower and Asian markets ended higher.
The national average price of gasoline is up two-tenths of a cent at $2.544 per gallon.
Earnings Reports
Nike (NKE) reported earnings on 12/19/2019 after the market close of $0.52, missing estimates calling for $0.618 per share.
Walgreens (WBA) reported earnings on 1/8/2020 before the market open of $1.37, missing estimates calling for $1.416 per share.
JPMorgan (JPM) reported earnings on 1/14/2020 before the market open of $2.57, beating estimates calling for $2.376 per share.
Goldman Sachs (GS) reported earnings on 1/15/2020 before the market open of $4.69, missing estimates calling for $5.47 per share.
UnitedHealth (UNH) reported earnings on 1/15/2020 before the market open of $3.90, beating estimates calling for $3.833 per share.
IBM (IBM) reported earnings on 1/21/2020 after the market close of $4.71, essentially meeting estimates calling for $4.712 per share.
Johnson & Johnson (JNJ) reported earnings on 1/22/2020 before the market open of $1.88, missing estimates calling for $1.935 per share.
Procter & Gamble (PG) reports earnings on 1/23/2020 before the market open.
Travelers (TRV) reports earnings on 1/23/2020 before the market open.
Intel (INTC) reports earnings on 1/23/2020 after the market close.
American Express (AXP) reports earnings on 1/24/2020 before the market open.
Pfizer (PFE) reports earnings on 1/28/2020 before the market open.
UnitedHealth (UNH) reports earnings on 1/28/2020 before the market open.
United Technologies (UTX) reports earnings on 1/28/2020 before the market open.
3M (MMM) reports earnings on 1/28/2020 before the market open.
Apple (AAPL) reports earnings on 1/28/2020 after the market close.
Boeing (BA) reports earnings on 1/29/2020 before the market open.
Dow (DOW) reports earnings on 1/29/2020 before the market open.
McDonald’s (MCD) reports earnings on 1/29/2020 before the market open.
Microsoft (MSFT) reports earnings on 1/29/2020 after the market close.
Coca Cola (KO) reports earnings on 1/30/2020 before the market open.
Verizon (VZ) reports earnings on 1/30/2020 before the market open.
Visa (V) reports earnings on 1/30/2020 after the market close.
Caterpillar (CAT) reports earnings on 1/31/2020 before the market open.
Chevron (CVX) reports earnings on 1/31/2020 before the market open.
Exxon Mobil (XOM) reports earnings on 1/31/2020 before the market open.
Today’s Featured Dow Stock
Chevron (CVX) is down -5.97% year-to-date.
Financial Calendar
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