Dow stocks hitting 52 week highs include Goldman Sachs (GS), Johnson & Johnson (JNJ), JPMorgan (JPM) and Travelers (TRV). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +99 points.
Thursday the Dow was down -68.95 (-0.22%) at 30,991.52.
Year-to-date the Dow is up +1.26%.
There were 14 Dow stocks up Thursday.
The Dow stock winners Thursday were led by Intel (INTC) 59.25 (+4.04%), Chevron (CVX) 95.49 (+2.40%) and Johnson & Johnson (JNJ) 160.65 (+1.75%).
The Dow stock losers Thursday were led by Visa (V) 201.86 (-3.58%), Home Depot (HD) 268.34 (-2.08%) and Coca COla (KO) 49.23 (-1.85%).
JPMorgan (JPM) on Friday reported fourth-quarter profit and revenue that exceeded estimates. The bank posted per-share earnings of $3.79, boosted by releasing money previously set aside for loan losses. Revenue for the quarter was $30.16 billion. However, shares of JPMorgan fell about 2% after a recent strong run-up.
Retail sales for December fell 0.7% compared to flat expectations as renewed measures to slow the spread of Covid-19 undercut spending at restaurants and reduced traffic to shopping malls. Data for November was revised down to show sales declining 1.4% instead of 1.1% as previously reported. Producer prices for December increased 0.3%, slightly less than expected. Excluding food and energy, producer prices rose 0.4%, higher than estimates.
European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is up 1.5 cents at $2.365 per gallon.
Earnings Reports
Walgreens (WBA) reported earnings on 1/7/2021 before the market open of $1.22, beating estimates calling for $1.02 per share.
JPMorgan (JPM) reports earnings on 1/15/2021 before the market open.
Goldman Sachs (GS) reports earnings on 1/19/2021 before the market open.
Procter & Gamble (PG) reports earnings on 1/20/2021 before the market open.
UnitedHealth (UNH) reports earnings on 1/20/2021 before the market open.
Coca Cola (KO) reports earnings on 1/21/2021 before the market open.
Travelers (TRV) reports earnings on 1/21/2021 before the market open.
Intel (INTC) reports earnings on 1/21/2021 after the market close.
IBM (IBM) reports earnings on 1/21/2021 after the market close.
3M (MMM) reports earnings on 1/26/2021 before the market open.
American Express (AXP) reports earnings on 1/26/2021 before the market open.
Johnson & Johnson (JNJ) reports earnings on 1/26/2021 before the market open.
Verizon (VZ) reports earnings on 1/26/2021 before the market open.
Microsoft (MSFT) reports earnings on 1/26/2021 after the market close.
Boeing (BA) reports earnings on 1/27/2021 before the market open.
Apple (AAPL) reports earnings on 1/27/2021 after the market close.
McDonald’s (MCD) reports earnings on 1/28/2021 before the market open.
Visa (V) reports earnings on 1/28/2021 after the market close.
Today’s Featured Dow Stock
McDonald’s (MCD) 208.50 (-1.69%) is down -2.83% in 2021.
Financial Calendar
8:30 AM ET PPI-Final Demand
8:30 AM ET Retail Sales
8:30 AM ET Empire State Manufacturing Index
9:15 AM ET Industrial Production
10:00 AM ET Business Inventories
10:00 AM ET Consumer Sentiment
1:00 PM ET Baker Hughes Rig Count