DJIA Market Happenings For Monday, November 1, 2021 – Salesforce (CRM) +34.67% YTD

Dow stocks hitting 52 week highs include Salesforce (CRM), Chevron (CVX), Home Depot (HD), Merck (MRK), Microsoft (MSFT) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +111 points.

Friday the Dow closed up +89.08 (+0.25%) at 35,819.56.

Year-to-date the Dow is up +17.03%.

There were 16 Dow stocks up Friday.

The Dow stock winners Friday were led by Microsoft (MSFT) 331.62 (+2.24%), Intel (INTC) 49.00 (+1.91%) and Merck (MRK) 88.05 (+1.73%).

The Dow stock losers Friday were led by Apple (AAPL) 149.80 (-1.82%), Dow (DOW) 55.97 (-1.06%) and 3M (MMM) 178.68 (-0.66%).

For the month of October, the Dow was up 5.8%.

Monday, the 10-year Treasury yield was around 1.58%.

The House is expected to vote, as early as Tuesday, on the Senate-passed infrastructure bill and the Democrats’ go-it-alone social and climate spending package.

Friday brings the government’s October employment report.

American Airlines (AAL) scrapped almost 300 flights, or about 10%, of its Monday schedule on top of more than 1,700 cancellations since Friday. The carrier blamed staffing problems and high winds at its busiest hub, Dallas/Fort Worth International Airport, last week.

U.S. futures are higher, 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 $3.402 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) reported earnings on 10/19/2021 before the open with $2.60, beating estimates of $2.367 per share.

Procter & Gamble (PG) reported earnings on 10/19/2021 before the open with $1.61, beating estimates of $1.594 per share.

Travelers (TRV) reported earnings on 10/19/2021 before the open with $2.60, beating estimates of $2.002 per share.

Verizon (VZ) reported earnings on 10/20/2021 before the open with $1.55, beating estimates of $1.358 per share.

IBM (IBM) reported earnings on 10/20/2021 after the close with $2.52, beating estimates of $2.487 per share.

Dow (DOW) reported earnings on 10/21/2021 before the open with $2.75, beating estimates of $2.596 per share.

Intel (INTC) reported earnings on 10/21/2021 after the close with $1.71, beating estimates of $1.107 per share.

Honeywell (HON) reported earnings on 10/22/2021 before the open with $2.02, beating estimates of $2.008 per share.

American Express (AXP) reported earnings on 10/22/2021 before the open with $2.27, beating estimates of $1.78 per share.

3M (MMM) reported earnings on 10/26/2021 before the open with $2.45, beating estimates of $2.182 per share.

Microsoft (MSFT) reported earnings on 10/26/2021 after the close with $2.27, beating estimates of $2.058 per share.

Visa (V) reported earnings on 10/26/2021 after the close with $1.62, beating estimates of $1.528 per share.

Coca Cola (KO) reported earnings on 10/27/2021 before the open with $0.65, beating estimates of $0.576 per share.

McDonald’s (MCD) reported earnings on 10/27/2021 before the open with $2.76, beating estimates of $2.456 per share.

Boeing (BA) reported earnings on 10/27/2021 before the open with -$0.60, missing estimates of -$0.168 per share.

Caterpillar (CAT) reported earnings on 10/28/2021 before the open with $2.66, beating estimates of $2.257 per share.

Merck (MRK) reported earnings on 10/28/2021 before the open with $1.75, beating estimates of $1.542 per share.

Apple (AAPL) reported earnings on 10/28/2021 after the close with $1.24, almost meeting estimates of $1.244 per share.

Chevron (CVX) reported earnings on 10/29/2021 before the open with $2.96, beating estimates of $2.214 per share.

Amgen (AMGN) reports earnings on 11/2/2021 after the close.

Disney (DIS) reports earnings on 11/10/2021 after the close.

Today’s Featured Dow Stock

Salesforce (CRM)

Salesforce (CRM) 299.69 (+0.44%) is up +34.67% in 2021.

Financial Calendar

9:45 AM ET PMI Manufacturing Final

10:00 AM ET ISM Manufacturing Index

10:00 AM ET Construction Spending

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

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