There are no Dow stocks hitting 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +179 points.

Tuesday the Dow was up +549.95 (+1.62%) at 34,511.99.

Year-to-date the Dow is up +10.96%.

There were 26 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Boeing (BA) 217.15 (+4.91%), Honeywell (HON) 229.66 (+4.08%) and American Express (AXP) 168.87 (+3.72%).

The Dow stock losers Tuesday were led by Merck (MRK) 76.17 (-1.14%), Procter & Gamble (PG) 139.69 (-0.53%) and Verizon (VZ) 55.58 (-0.47%).

The 10-year Treasury yield bounced off Tuesday’s 5½-month lows of nearly 1.13%, trading early Wednesday around 1.25%.

Johnson & Johnson (JNJ) rose about 1% in premarket trading after the U.S. drugmaker Wednesday delivered better-than-expected earnings of $2.48 per share in the second quarter. Revenue of $23.31 billion also beat expectations. J&J expects to sell $2.5 billion of its one-shot Covid vaccine this year, even as concerns mount over its effectiveness against the delta variant.

Coca-Cola (KO) jumped about 2% in the premarket after the beverage giant reported better-than-expected earnings of 68 cents per share. Revenue of $10.13 billion also exceeded forecasts. Sales surpassed 2019 pre-Covid levels, prompting the company to raise its full-year outlook.

Verizon (VZ) rose about 1.5% in premarket trading, after the company beat estimates by 7 cents with adjusted quarterly profit of $1.37 per share. Verizon also reported better-than-expected revenue and subscriber growth, and raised its full-year outlook.

US futures are mostly higher, European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down four-tenths of a cent at $3.162 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/24/2021 after the market close of $0.93, beating estimates of $0.51 per share.

Walgreens (WBA) reported earnings on 7/1/2021 before the market open of $1.51, beating estimates of $1.114 per share.

Goldman Sachs (GS) reported earnings on 7/13/2021 before the market open of $15.02, beating estimates of $10.24 per share.

JPMorgan (JPM) reported earnings on 7/13/2021 before the market open of $3.78, beating estimates of $3.10 per share.

UnitedHealth (UNH) reported earnings on 7/15/2021 before the market open of $4.70, beating estimates of $4.407 per share.

IBM (IBM) reported earnings on 7/19/2021 after the market close of $2.33, beating estimates of $2.252 per share.

Travelers (TRV) reported earnings on 7/20/2021 before the market open of $3.45, beating estimates of $2.346 per share.

Johnson & Johnson (JNJ) reported earnings on 7/21/2021 before the market open of $2.48, beating estimates of $2.28 per share.

Coca Cola (KO) reported earnings on 7/21/2021 before the market open of $0.68, beating estimates of $0.566 per share.

Verizon (VZ) reported earnings on 7/21/2021 before the market open of $1.37, beating estimates of $1.303 per share.

Dow (DOW) reports earnings on 7/22/2021 before the market open.

Intel (INTC) reports earnings on 7/22/2021 after the market close.

American Express (AXP) reports earnings on 7/23/2021 before the market open.

Honeywell (HON) reports earnings on 7/23/2021 before the market open.

3M (MMM) reports earnings on 7/27/2021 before the market open.

Apple (AAPL) reports earnings on 7/27/2021 after the market close.

Microsoft (MSFT) reports earnings on 7/27/2021 after the market close.

Visa (V) reports earnings on 7/27/2021 after the market close.

Boeing (BA) reports earnings on 7/28/2021 before the market open.

McDonald’s (MCD) reports earnings on 7/28/2021 before the market open.

Merck (MRK) reports earnings on 7/29/2021 before the market open.

Caterpillar (CAT) reports earnings on 7/30/2021 before the market open.

Chevron (CVX) reports earnings on 7/30/2021 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/2021 before the market open.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) 139.69 (-0.53%) is up +0.40% 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