The Dow Market Happenings For Wednesday, April 14, 2021

Dow stocks hitting 52 week highs include Honeywell (HON) and Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +8 points.

Tuesday the Dow was down -68.13 (-0.20%) at 33,,677.27.

Year-to-date the Dow is up +10.03%.

There were 12 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Apple (AAPL) 134.43 (+2.43%), Boeing (BA) 253.27 (+1.50%) and Salesforce (CRM) 232.00 (+1.42%).

The Dow stock losers Tuesday were led by IBM (IBM) 131.18 (-2.53%), Nike (NKE) 133.54 (-2.27%) and Johnson & Johnson (JNJ) 159.48 (-1.34%).

JPMorgan (JPM) and Goldman Sachs (GS) handily beat estimates with first-quarter profit and revenue and blew past the results from their year-earlier periods, which were hit by the early days of the Covid pandemic.

The CDC is set to convene a meeting of the Advisory Committee on Immunization Practices on Wednesday to further review the six cases of rare but severe blood-clotting issues that lead federal regulators to recommend pausing J&J’s Covid vaccine. All six cases occurred in women ages 18 to 48, with symptoms developing six to 13 days after they received the shot. One of the women died. Another one is in critical condition.

European stocks are mostly higher and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.862 per gallon.

Earnings Reports

Goldman Sachs (GS) reported earnings on 4/14/2021 before the market open of $18.60, beating estimates of $9.79 per share.

JPMorgan (JPM) reported earnings on 4/14/2021 before the market open of $4.50, beating estimates of $3.046 per share.

UnitedHealth (UNH) reports earnings on 4/15/2021 before the market open.

Coca Cola (KO) reports earnings on 4/19/2021 before the market open.

IBM (IBM) reports earnings on 4/19/2021 after the market close.

Johnson & Johnson (JNJ) reports earnings on 4/20/2021 before the market open.

Procter & Gamble (PG) reports earnings on 4/20/2021 before the market open.

Travelers (TRV) reports earnings on 4/20/2021 before the market open.

Verizon (VZ) reports earnings on 4/21/2021 before the market open.

Intel (INTC) reports earnings on 4/22/2021 after the market close.

Dow (DOW) reports earnings on 4/22/2021 before the market open.

American Express (AXP) reports earnings on 4/23/2021 before the market open.

Honeywell (HON) reports earnings on 4/23/2021 before the market open.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) 231.32 (+0.16%) is up +7.80% in 2021.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:30 AM ET Import and Export Prices

10:00 AM ET Atlanta Fed Business Inflation Expectations

10:30 AM ET EIA Petroleum Status Report

12:00 PM ET Jerome Powell Speaks

2:00 PM ET Beige Book

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