DJIA Market Happenings For Monday, October 18, 2021 – UnitedHealth (UNH) +22.07% YTD

There are no Dow stocks hitting 52 week highs. Dow stock 52 week lows include Salesforce (CRM) and Home Depot (HD).

The Market

Premarket today, the Dow was indicated to open down -169 points.

Friday the Dow closed up +382.20 (+1.09%) at 35,294.76.

Year-to-date the Dow is up +15.32%.

There were 23 Dow stocks up Friday.

The Dow stock winners Friday were led by Goldman Sachs (GS) 406.07 (+3.80%), Visa (V) 230.99 (+2.58%) and American Express (AXP) 175.81 (+2.51%).

The Dow stock losers Friday were led by Walgreens (WBA) 48.92 (-3.64%), McDonald’s (MCD) 242.25 (-0.94%) and Cisco (CSCO) 55.25 (-0.72%).

The 10-year Treasury yield started the week moving back up toward 1.62%. Before topping those levels earlier this month, the last time it was that high was in June. The 10-year yield, which moves inversely to price, was boosted Friday after data showed that U.S. retail sales rose by 0.7% in September, versus an expected decline of 0.2%. Industrial production figures for September are out at 9:15 a.m. ET, with estimates calling for a 0.2% increase following a 0.4% jump in August.

U.S. oil prices, as measured by West Texas Intermediate crude, jumped another 1%, topping $83 per barrel, their highest level since October 2014. Behind the march higher are continued recovering demand as Covid-depressed business activity picks up, and as high natural gas and coal prices encourage a switch to fuel oil and diesel for power generation. WTI was already up three straight sessions and surged 3.7% last week for its eighth positive week in a row, the best weekly winning streak May 2015.

U.S. futures are lower, European stocks are lower and Asian markets ended mixed.

The national average price of gasoline is up six-tenths of a cent at $3.325 per gallon.

Earnings Reports

JPMorgan (JPM) reported earnings on 10/13/2021 before the open with $3.74, beating estimates calling for $2.996 per share.

UnitedHealth (UNH) reported earnings on 10/14/2021 before the open with $4.52, beating estimates calling for $4.414 per share.

Walgreens (WBA) reported earnings on 10/14/2021 before the open with $1.17, beating estimates calling for $1.028 per share.

Goldman Sachs (GS) reported earnings on 10/15/2021 before the open with $14.93, crushing estimates calling for $10.18 per share.

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.

3M (MMM) reports earnings on 10/26/2021 before the open.

Microsoft (MSFT) reports earnings on 10/26/2021 after the close.

Visa (V) reports earnings on 10/26/2021 after the close.

Coca Cola (KO) reports earnings on 10/27/2021 before the open.

McDonald’s (MCD) reports earnings on 10/27/2021 before the open.

Boeing (BA) reports earnings on 10/27/2021 before the open.

Caterpillar (CAT) reports earnings on 10/28/2021 before the open.

Merck (MRK) reports earnings on 10/28/2021 before the open.

Apple (AAPL) reports earnings on 10/28/2021 after the close.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) 428.07 (+1.83%) is up +22.07% in 2021.

Financial Calendar

9:15 AM ET Industrial Production

10:00 AM ET Housing Market Index

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

4:00 PM ET Treasury International Capital

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