Dow stocks hitting 52 week highs include Chevron (CVX), Procter & Gamble (PG) and UnitedHealth (UNH). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +17 points.
Wednesday the Dow closed down -240.04 (-0.66%) at 36,079.94.
Year-to-date the Dow is up +17.88%.
There were 12 Dow stocks up Wednesday.
The Dow stock winners Wednesday were led by Merck (MRK) 84.01 (+1.56%), Visa (V) 215.56 (+1.19%) and Johnson & Johnson (JNJ) 164.27 (+1.08%).
The Dow stock losers Wednesday were led by Salesforce (CRM) 299.67 (-3.24%), Nike (NKE) 168.26 (-3.20%) and Apple (AAPL) 147.92 (-1.92%).
Yesterdays read on October’s consumer price index showed the biggest annual jump in more than 30 years, triggering a spike in the 10-year Treasury yield to 1.57%. U.S. bond trading is closed Thursday for Veterans Day.
Disney (DIS) dropped 5% in Thursday’s premarket, the morning after the entertainment giant reported adjusted earnings of 37 cents per share on $18.53 billion in revenue in its fiscal fourth quarter. Both measures were short of expectations.
U.S. futures are higher, European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is unchanged at $3.417 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) reported earnings on 11/2/2021 after the close with $4.67, beating estimates of $4.22 per share.
Disney (DIS) reported earnings on 11/10/2021 after the close with $0.37, missing estimates of $0.503 per share.
Home Depot (HD) reports earnings on 11/16/2021 before the open.
Walmart (WMT) reports earnings on 11/16/2021 before the open.
Cisco (CSCO) reports earnings on 11/17/2021 after the close.
Today’s Featured Dow Stock
Procter & Gamble (PG) 146.82 (+0.98%) is up +5.52% in 2021.
Financial Calendar
Veterans Day holiday: None scheduled