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 -398 points.

Thursday the Dow was down -288.14 (-1.17%) at 24,345.72.

Year-to-date the Dow is down -14.69%.

There were 6 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Apple (AAPL) +2.11%, UnitedHealth (UNH) +1.68% and Boeing (BA) +1.45%.

The Dow stock losers Thursday were led by American Express (AXP) -5.07%, Walgreens (WBA) -4.56% and Raytheon Technologies (RTX) -4.55%.

Apple (AAPL) reported quarterly earnings of $2.55 per share, 29 cents a share above estimates. Revenue also came in above forecasts. In the face of economic uncertainty, Apple withheld any current-quarter sales guidance for the first time since 2003. Apple raised its quarterly dividend by 6% to 82 cents per share and increased its stock buyback program.

Boeing (BA) raised $25 billion in a bond offering, the sixth-largest ever, and the jet maker said it would not have to receive government aid as a result.

Chevron (CVX) posted first-quarter profit of $1.93 per share, which included $660 million in one-time favorable items. Revenue beat forecasts. The consensus estimate had been 68 cents a share. Chevron said it is taking steps to preserve its dividend and to manage the current downturn responsibly, including a further cut in capital spending.

Exxon Mobil (XOM) posted a GAAP loss of 14 cents per share, and a non-GAAP profit of 53 cents per share. The consensus estimate was for a break-even quarter. The company announced a 30% cut in capital spending and will also reduce cash operating expenses by 15%.

Visa (V) beat estimates by 3 cents a share, with quarterly earnings of $1.38 per share. The payment network’s revenue also beat forecasts. Visa pulled its full-year forecast due to rising unemployment and falling consumer spending.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up five-tenths of a cent at $1.777 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/24/2020 after the market close of $0.53, missing estimates calling for $0.618 per share.

Walgreens (WBA) reported earnings on 4/2/2020 before the market open of $1.52, beating estimates calling for $1.479 per share.

Johnson & Johnson (JNJ) reported earnings on 4/14/20 before the market open of $2.30, beating estimates calling for $2.064 per share.

JPMorgan (JPM) reported earnings on 4/14/20 before the market open of $0.78, missing estimates calling for $2.191 per share.

Goldman Sachs (GS) reported earnings on 4/15/20 before the market open of $3.11, missing estimates calling for $3.50 per share.

UnitedHealth (UNH) reported earnings on 4/15/20 before the market open of $3.72, beating estimates calling for $3.714 per share.

Procter & Gamble (PG) reported earnings on 4/17/20 before the market open of $1.22, beating estimates calling for $1.106 per share

IBM (IBM) reported earnings on 4/20/2020 after the market close of $1.84, beating estimates calling for $1.698 per share.

Coca Cola (KO) reported earnings on 4/21/20 before the market open of $0.51, beating estimates calling for $0.436 per share.

Travelers (TRV) reported earnings on 4/21/20 before the market open of $2.62, missing estimates calling for $2.877 per share.

Intel (INTC) reported earnings on 4/23/2020 after the market close of $1.45, beating estimates calling for $1.281 per share.

American Express (AXP) reported earnings on 4/24/20 before the market open of $1.98, beating estimates calling for $1.686 per share.

Verizon (VZ) reported earnings on 4/24/20 before the market open of $1.26, beating estimates calling for $1.22 per share.

3M (MMM) reported earnings on 4/28/20 before the market open of $2.16, beating estimates of $2.023 per share.

Caterpillar (CAT) reported earnings on 4/28/20 before the market open of $1.60, missing estimates calling for $1.761 per share.

Merck (MRK) reported earnings on 4/28/20 before the market open of $1.50, beating estimates calling for $1.393 per share.

Pfizer (PFE) reported earnings on 4/28/20 before the market open of $0.80, beating estimates calling for $0.71 per share.

Boeing (BA) reported earnings on 4/29/20 before the market open of -$1.70, beating estimates of -$2.044 per share.

Microsoft (MSFT) reported earnings on 4/29/2020 after the market close of $1.40, beating estimates calling for $1.273 per share.

Dow (DOW) reported earnings on 4/30/20 before the market open of $0.30, missing estimates calling for $0.604 per share.

McDonald’s (MCD) reported earnings on 4/30/20 before the market open of $1.47, missing estimates calling for $1.587 per share.

Apple (AAPL) reported earnings on 4/30/2020 after the market close of $2.55, beating estimates calling for $2.089 per share.

Visa (V) reported earnings on 4/30/2020 after the market close of $1.39, beating estimates calling for $1.35 per share.

Chevron (CVX) reported earnings on 5/1/20 before the market open of $1.93, beating estimates of $0.636 per share.

Exxon Mobil (XOM) reported earnings on 5/1/20 before the market open of -$0.14, missing estimates of $0.04 per share.

Disney (DIS) reports earnings on 5/5/2020 after the market close.

Raytheon Technologies (RTX) reports earnings on 5/7/20 before the market open.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) is down +0.22% year-to-date.

Financial Calendar

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