DJIA Market Happenings For Monday, January 31, 2022 – Verizon (VZ) Up +1.81% YTD

There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Boeing (BA), Intel (INTC) and 3M (MMM).

The Market

Premarket today, the Dow was indicated to open down -138 points.

Friday the Dow closed up +564.69 (+1.65%) at 34,725.47.

Year-to-date the Dow is down -4.44%.

There were 25 Dow stocks up Friday.

The Dow stock winners Friday were led by Visa (V) 228.00 (+10.60%), Apple (AAPL) 170.33 (+6.98%) and Salesforce (CRM) 222.13 (+4.41%).

The Dow stock losers Friday were led by Caterpillar (CAT) 201.16 (-5.19%), 3M (MMM) 163.10 (-4.15%) and Chevron (CVX) 130.61 (-3.52%).

Dow futures are lower heading into the final trading day of January.

The Dow is tracking for its worst month since October 2020.

The government this coming Friday is set to release its latest employment report. While economists expect 178,000 nonfarm payrolls were added last month, there are questions about how the spread of the Covid omicron variant may impact the numbers.

With oil prices trading around seven-year highs against the backdrop of political tensions in Eastern Europe, Biden is set to meet at the White House on Monday with the ruling leader of oil-rich nation Qatar. Biden hopes Qatar, who aided in last summer’s U.S. military evacuations in Afghanistan, will once again help the West as it faces the prospect of a European energy crunch if Russia invades Ukraine. The White House said Biden and Qatar’s leader would also use Monday’s meeting to discuss the Middle East, the situation in Afghanistan and U.S. efforts to resurrect the 2015 Iran nuclear deal.

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

The national average price of gasoline is up three-tenths of a cent at $3.366 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/20/2021 after the market close with $0.83, beating estimates of $0.626 per share.

Walgreens (WBA) reported earnings on 1/6/2021 before the market open with $1.68, beating estimates of $1.354 per share.

JPMorgan (JPM) reported earnings on 1/14/2022 before the market open with $3.33, beating estimates of $2.978 per share.

Goldman Sachs (GS) reported earnings on 1/18/2022 before the market open with $10.81, missing estimates of $11.76 per share.

Procter & Gamble (PG) reported earnings on 1/19/2022 before the market open with $1.66, beating estimates of $1.649 per share.

UnitedHealth (UNH) reported earnings on 1/19/2022 before the market open with $4.48, beating estimates of $4.296 per share.

Travelers (TRV) reported earnings on 1/20/2022 before the market open with $5.20, beating estimates of $3.861 per share.

IBM (IBM) reports earnings on 1/24/2022 after the market close with $3.35, missing estimates of $3.385 per share.

3M (MMM) reported earnings on 1/25/2022 before the market open with $2.31, beating estimates of $2.028 per share.

American Express (AXP) reported earnings on 1/25/2022 before the market open with $2.18, beating estimates of $1.778 per share.

Johnson & Johnson (JNJ) reported earnings on 1/25/2022 before the market open with $2.13, beating estimates of $2.123 per share.

Verizon (VZ) reported earnings on 1/25/2022 before the market open with $1.31, beating estimates of $1.282 per share.

Microsoft (MSFT) reported earnings on 1/25/2022 after the market close with $2.48, beating estimates of $2.288 per share.

Boeing (BA) reported earnings on 1/26/2022 before the market open with -$7.69, missing estimates of -$0.09 per share.

Intel (INTC) reported earnings on 1/26/2022 after the market close with $1.09, beating estimates of $0.90 per share.

Dow (DOW) reported earnings on 1/27/2022 before the market open with $2.15, beating estimates of $2.039.

McDonald’s (MCD) reported earnings on 1/27/2022 before the market open with $2.23, missing estimates of $2.309 per share.

Apple (AAPL) reported earnings on 1/27/2022 after the market close with $2.10, beating estimates of $1.888 per share.

Visa (V) reported earnings on 1/27/2022 after the market close with $1.81, beating estimates of $1.693 per share.

Caterpillar (CAT) reported earnings on 1/28/2022 before the market open with $2.69, beating estimates of $2.233 per share.

Chevron (CVX) reported earnings on 1/28/2022 before the market open with $2.63, missing estimates of $3.106 per share.

Honeywell (HON) reports earnings on 2/3/2022 before the market open.

Merck (MRK) reports earnings on 2/3/2022 before the market open.

Amgen (AMGN) reports earnings on 2/7/2022 after the market close.

Disney (DIS) reports earnings on 2/9/2022 after the market close.

Coca Cola (KO) reports earnings on 2/10/2022 before the market open.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) 52.90 (+3.34%) is up +1.81% in 2022.

Financial Calendar

09:45 AM ET Chicago PMI (Jan)
10:30 AM ET Dallas Fed Mfg Business Index (Jan)
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction
12:00 PM ET Dallas Fed PCE (Dec)
12:40 PM ET FOMC Member George Speaks
14:00 PM ET Loan Officer Survey

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2876