DJIA Market Happenings For Tuesday, January 28, 2020

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Chevron (CVX) and Exxon Mobil (XOM).

The Market

Premarket today, the Dow was indicated to open up +121 points.

Monday the Dow was down -453.93 (-1.57%) at 28,535.80.

Year-to-date the Dow is down -0.01%.

There were 6 Dow stocks up Monday.

The Dow stock winners Monday were led by Walmart (WMT) +1.30%, Pfizer (PFE) +0.85% and Procter & Gamble (PG) +0.44%.

The Dow stock losers Monday were led by Intel (INTC) -4.06%, Caterpillar (CAT) -3.31% and American Express (AXP) -3.31%.

The two-day FOMC meeting begins today.

Boeing (BA) has secured more than $12 billion in financing to help it deal with the ongoing grounding of its 737 Max jet, according to people familiar with the matter who spoke to CNBC.

Caterpillar (CAT) announced that former Boeing (BA) CEO Dennis Muilenburg resigned from its board of directors and that the departure was not due to any disagreement with the heavy equipment maker.

Pfizer (PFE) missed estimates by 3 cents a share, with quarterly earnings of 55 cents per share. Revenue was above forecasts, however. Pfizer results were impacted somewhat by the loss of exclusivity for its pain drug Lyrica.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down 1.1 cents at $2.506 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) reported earnings on 1/23/2020 before the market open of $1.44, beating estimates calling for $1.396 per share.

Travelers (TRV) reported earnings on 1/23/2020 before the market open of $3.32, beating estimates calling for $3.09 per share.

Intel (INTC) reported earnings on 1/23/2020 after the market close of $1.52, beating estimates calling for $1.297 per share.

American Express (AXP) reports earnings on 1/24/2020 before the market open of $2.03, missing estimates calling for $2.038 per share.

Pfizer (PFE) reported earnings on 1/28/2020 before the market open of $0.55, missing estimates calling for $0.607 per share.

United Technologies (UTX) reported earnings on 1/28/2020 before the market open of $1.94, beating estimates calling for $1.934 per share.

3M (MMM) reported earnings on 1/28/2020 before the market open of $1.66, missing estimates calling for $2.128 per share.

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.

Disney (DIS) reports earnings on 2/4/2020 after the market close.

Merck (MRK) reports earnings on 2/5/2020 before the market open.

Today’s Featured Dow Stock

Dow (DOW)

Dow (DOW) is down -13.79% year-to-date. It is also the worst performing Dow stock of 2020 to date.

Financial Calendar

Tuesday FOMC Meeting Begins

8:30 AM ET Durable Goods Orders

8:55 AM ET Redbook

9:00 AM ET S&P Corelogic Case-Shiller HPI

10:00 AM ET Consumer Confidence

10:00 AM ET Richmond Fed Manufacturing Index

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2876