Dow stocks hitting 52-week highs include Chevron (CVX) 138.81. Dow stock 52-week lows include 3M (MMM) 159.54 and Honeywell (HON) 186.99.

The Market

Premarket today, the Dow was indicated to open down -29 points.

Friday the Dow closed down -503.53 (-1.43%) at 34,738.06.

Year-to-date the Dow is down -4.40%.

There were 4 Dow stocks up Friday.

The Dow stock winners Friday were led by Chevron (CVX) 138.81 (+2.04%), Verizon (VZ) 53.32 (+0.53%) and Dow (DOW) 61.09 (+0.23%).

The Dow stock losers Friday were led by Salesforce (CRM) 207.90 (-4.49%), Nike (NKE) 140.18 (-3.20%) and Boeing (BA) 212.30 (-2.95%).

The 10-year Treasury yield topped 2% last week for the first time since 2019 after Thursday’s biggest 12-month gain in consumer prices since 1982 and again Friday after U.S. Secretary of State Antony Blinken said a Russian “invasion could begin at any time” in Ukraine. The 10-year yield turned positive Monday on the Lavrov comments, pushing back to 1.983%.

In the week ahead, there’s more key inflation data, with January’s producer price index scheduled for Tuesday. That report is also expected to be very hot, after January’s CPI. Surging inflation has caused consumer sentiment to slump, and now economists are watching consumer spending closely. That means January’s retail sales will be important when that data is released Wednesday.

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

The national average price of gasoline is up three-tenths of a cent at $3.488 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) reported earnings on 2/3/2022 before the market open with $2.09, beating estimates of $2.079 per share.

Merck (MRK) reported earnings on 2/3/2022 before the market open with $1.80, beating estimates of $1.456 per share.

Amgen (AMGN) reported earnings on 2/7/2022 after the market close with $4.36, beating estimates of $4.141 per share.

Disney (DIS) reported earnings on 2/9/2022 after the market close with $1.06, beating estimates of $0.573 per share.

Coca Cola (KO) reported earnings on 2/10/2022 before the market open with $0.45, beating estimates of $0.401 per share.

Cisco (CSCO) reports earnings on 2/16/2022 after the market close.

Walmart (WMT) reports earnings on 2/17/2022 before the market open.

Home Depot (HD) reports earnings on 2/22/2022 before the market open.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 138.81 (+2.04%) is up +18.29% in 2022.

Financial Calendar

11:00 AM ET FOMC Member Bullard Speaks
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction