DJIA Market Happenings For Wednesday, April 21, 2021

Dow stocks hitting 52 week highs include IBM (IBM) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -46 points.

Tuesday the Dow was down -256.33 (-0.75%) at 33,821.30.

Year-to-date the Dow is up +10.50%.

There were 10 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by IBM (IBM) 138.16 (+3.79%), Johnson & Johnson (JNJ) 166.48 (+2.33%) and UnitedHealth (UNH) 396.53 (+1.72%).

The Dow stock losers Tuesday were led by Boeing (BA) 234.06 (-4.13%), Nike (NKE) 127.11 (-4.12%) and Goldman Sachs (GS) 331.88 (-3.27%).

The 10-year Treasury yield ticked higher Wednesday but remained below 1.6% and the run of 14-month highs in March.

President Biden today will reflect on his efforts to expand Covid vaccine distribution and access in his first three months in the White House. The U.S., under the Biden administration, is set administer more than 200 million doses before the president’s 100th day in office next week. That was his latest goal. More than 50% of U.S. adults have gotten at least one dose, including a third who have been fully vaccinated. With everyone 16 and older now eligible, Biden is expected to outline his administration’s plans to drive up vaccination rates even further.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up six-tenths of a cent at $2.878 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) reported earnings on 4/15/2021 before the market open of $5.31, beating estimates of $4.423 per share.

Coca Cola (KO) reported earnings on 4/19/2021 before the market open of $0.55, beating estimates of $0.497 per share.

IBM (IBM) reported earnings on 4/19/2021 after the market close of $1.77, beating estimates of $1.668 per share.

Johnson & Johnson (JNJ) reported earnings on 4/20/2021 before the market open of $2.69, beating estimates of $2.31 per share.

Procter & Gamble (PG) reported earnings on 4/20/2021 before the market open of $1.26, beating estimates of $1.184 per share.

Travelers (TRV) reported earnings on 4/20/2021 before the market open of $2.73, beating estimates of $2.443 per share.

Verizon (VZ) reported earnings on 4/21/2021 before the market open of $1.31, beating estimates of $1.287 per share.

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.

3M (MMM) reports earnings on 4/27/2021 before the market open.

Amgen (AMGN) reports earnings on 4/27/2021 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2021 after the market close.

Visa (V) reports earnings on 4/27/2021 after the market close.

Boeing (BA) reports earnings on 4/28/2021 before the market open.

Apple (AAPL) reports earnings on 4/28/2021 after the market close.

Caterpillar (CAT) reports earnings on 4/29/2021 before the market open.

McDonald’s (MCD) reports earnings on 4/29/2021 before the market open.

Merck (MRK) reports earnings on 4/29/2021 before the market open.

Chevron (CVX) reports earnings on 4/30/2021 before the market open.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) 137.75 (+0.83%) is down -0.99% in 2021.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

10:30 AM ET EIA Petroleum Status Report

1:00 PM ET 20-Yr Bond Auction

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