Dow stocks hitting 52-week highs include Johnson & Johnson (JNJ) 183.08 (+3.05%). There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to open up +127 points.
Tuesday the Dow closed up +499.51 (+1.45%) at 34,911.20.
Year-to-date the Dow is down -3.93%.
There were 27 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Nike (NKE) 137.05 (+4.12%). Boeing (BA) 185.98 (+3.41%) and Disney (DIS) 131.90 (+3.23%).
The Dow stock losers Tuesday were Travelers (TRV) 176.16 (-4.89%), Chevron (CVX) 171.83 (-1.18%) and Merck (MRK) 85.79 (-0.33%).
The 10 YR yield is currently at 2.902%.
The benchmark 10-year Treasury yield topped 2.9%, a level not seen since late 2018.
Procter & Gamble (PG)reported fiscal third-quarter profit and revenue that topped expectations as price hikes helped offset spiking commodity inflation and higher freight costs. For fiscal 2022, P&G raised its revenue growth forecast to a range of 4% to 5%, up from its prior outlook of 3% to 4%. The consumer products company reiterated its core earnings per share forecast but said it’s expecting the lower end of its predicted range of 3% to 6% growth, citing inflation and currency headwinds.
U.S. futures are higher, European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is up 1.3 cents at $4.114 per gallon.
Earnings Reports
Nike (NKE) reported earnings on 3/21/2022 after the market close with $0.87, beating estimates of $0.732 per share.
Walgreens (WBA) reported earnings on 3/31/2022 before the market open with $1.59, beating estimates of $1.389 per share.
JPMorgan (JPM) reported earnings on 4/13/2022 before the market open with $2.63, missing estimates of $2.734 per share.
Goldman Sachs (GS) reported earnings on 4/14/2022 before the market open with $10.76, beating estimates of $8.89 per share.
UnitedHealth (UNH) reported earnings on 4/14/2022 before the market open with $5.49, beating estimates of $5.401 per share.
Johnson & Johnson (JNJ) reported earnings on 4/19/2022 before the market open with $2.67, beating estimates of $2.597 per share.
Travelers (TRV) reported earnings on 4/19/2022 before the market open with $4.22, beating estimates of $3.701 per share.
IBM (IBM) reported earnings on 4/19/2022 after the market close with $1.40, beating estimates of $1.344 per share.
Procter & Gamble (PG) reported earnings on 4/20/2022 before the market open with $1.33, beating estimates of $1.284 per share.
Dow (DOW) reports earnings on 4/21/2022 before the market open.
American Express (AXP) reports earnings on 4/22/2022 before the market open.
Verizon (VZ) reports earnings on 4/22/2022 before the market open.
Coca Cola (KO) reports earnings on 4/25/2022 before the market open.
3M (MMM) reports earnings on 4/26/2022 before the market open.
Microsoft (MSFT) reports earnings on 4/26/2022 after the market close.
Visa (V) reports earnings on 4/26/2022 after the market close.
Boeing (BA) reports earnings on 4/27/2022 before the market open.
Amgen (AMGN) reports earnings on 4/27/2022 after the market close.
Caterpillar (CAT) reports earnings on 4/28/2022 before the market open.
McDonald’s (MCD) reports earnings on 4/28/2022 before the market open.
Merck (MRK) reports earnings on 4/28/2022 before the market open.
Apple (AAPL) reports earnings on 4/28/2022 after the market close.
Intel (INTC) reports earnings on 4/28/2022 after the market close.
Chevron (CVX) reports earnings on 4/29/2022 before the market open.
Honeywell (HON) reports earnings on 4/29/2022 before the market open.
Disney (DIS) reports earnings on 5/11/2022 after the market close.
Today’s Featured Dow Stock
Nike (NKE) 137.05 (+4.12%) is down -17.77% in 2022.
Financial Calendar
07:00 AM ET MBA 30-Year Mortgage Rate
07:00 AM ET MBA Mortgage Applications (WoW)
07:00 AM ET MBA Purchase Index
07:00 AM ET Mortgage Market Index
07:00 AM ET Mortgage Refinance Index
10:00 AM ET Existing Home Sales (MoM) (Mar)
10:00 AM ET Existing Home Sales (Mar)
10:30 AM ET Chicago Fed President Evans Speaks
10:30 AM ET Crude Oil Inventories
10:30 AM ET EIA Refinery Crude Runs (WoW)
10:30 AM ET Crude Oil Imports
10:30 AM ET Cushing Crude Oil Inventories
10:30 AM ET Distillate Fuel Production
10:30 AM ET EIA Weekly Distillates Stocks
10:30 AM ET Gasoline Production
10:30 AM ET Heating Oil Stockpiles
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW)
10:30 AM ET FOMC Member Daly Speaks
10:30 AM ET Gasoline Inventories
11:00 AM ET IMF Meetings
13:00 PM ET 20-Year Bond Auction
14:00 PM ET Beige Book