There are no Dow stocks hitting 52 week highs. Dow stock 52 week lows include Amgen (AMGN) and Verizon (VZ).
The Market
Premarket today, the Dow was indicated to open up +15 points.
Tuesday the Dow closed down -117.72 (-0.34%) at 34,378.34.
Year-to-date the Dow is up +12.32%.
There were 7 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Nike (NKE) 153.35 (+2.04%), Salesforce (CRM) 279.00 (+1.92%) and American Express (AXP) 174.91 (+0.84%).
The Dow stock losers Tuesday were led by Intel (INTC) 52.17 (-2.38%), Amgen (AMGN) 201.89 (-2.33%) and Verizon (VZ) 51.33 (-1.63%).
The 10-year Treasury yield rose to about 1.6% on Wednesday after the government reported that the consumer price index in September rose 5.4% from last year. Core CPI, which excludes the food and energy sectors, rose 4% from last year. Both were basically in-line with estimates and similar to the prior month’s year over year increases. The Federal Reserve at 2 p.m. ET releases minutes from its policy meeting in September when central bankers indicated they expect to begin reducing monthly asset purchases “soon,” but did not say when.
U.S. futures are mostly higher, European stocks are mostly higher and Asian markets ended mixed.
The national average price of gasoline is up nine-tenths of a cent at $3.288 per gallon.
Earnings Reports
JPMorgan (JPM) reports earnings on 10/13/2021 before the open.
UnitedHealth (UNH) reports earnings on 10/14/2021 before the open.
Walgreens (WBA) reports earnings on 10/14/2021 before the open.
Goldman Sachs (GS) reports earnings on 10/15/2021 before the open.
Johnson & Johnson (JNJ) reports earnings on 10/19/2021 before the open.
Procter & Gamble (PG) reports earnings on 10/19/2021 before the open.
Travelers (TRV) reports earnings on 10/19/2021 before the open.
Verizon (VZ) reports earnings on 10/20/2021 before the open.
IBM (IBM) reports earnings on 10/20/2021 after the close.
Dow (DOW) reports earnings on 10/21/2021 before the open.
Intel (INTC) reports earnings on 10/21/2021 after the close.
Honeywell (HON) reports earnings on 10/22/2021 before the open.
American Express (AXP) reports earnings on 10/22/2021 before the open.
Today’s Featured Dow Stock
Nike (NKE) 153.35 (+2.04%) is up +8.40% in 2021.
Financial Calendar
7:00 AM ET MBA Mortgage Applications
8:30 AM ET CPI
10:00 AM ET Atlanta Fed Business Inflation Expectations
1:00 PM ET 30-Yr Bond Auction
2:00 PM ET FOMC Minutes
2:00 PM ET Treasury Statement