There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Boeing (BA) 148.61 (-0.15%),Disney (DIS) 113.50 (+1.68%), Goldman Sachs (GS) 310.42 (+1.61%), JPMorgan (JPM) 120.45 (+0.91%), Verizon (VZ) 46.23 (-0.15%) and Walgreens (WBA) 42.52 (+0.28%).
The Market
Premarket today, the Dow was indicated to open up +35 points.
Monday the Dow closed up +84.29 (+0.26%) at 33,061.50.
Year-to-date the Dow is down -9.02%.
There were 17 Dow stocks up Monday.
The Dow stock winners Monday were led by Intel (INTC) 44.96 (+3.14%), Microsoft (MSFT) 284.47 (+2.19%) and Home Depot (HD) 306.97 (+2.19%).
The Dow stock losers Monday were led by Coca Cola (KO) 63.44 (-1.81%), American Express (AXP) 171.62 (-1.77%) and UnitedHealth (UNH) 501.15 (-1.46%).
The 10 YR yield is currently at 2.957%.
Yesterday the Dow Jones Industrial Average added 84 points, or 0.26%, after being down more than 500 points.
The Fed meeting starts today and is set to announce Wednesday a key decision on interest rates.
The yield on the benchmark 10-year Treasury note dipped below 3% on Tuesday, after topping that level Monday for the first time since late 2018. Some strategists say a yield of 3% is mostly a psychological marker and there’s a more important technical level slightly higher. Nevertheless, the yields on U.S. government debt have risen at a rapid pace this year, with Monday’s milestone marking a continuation of the trend. The 10-year Treasury note yielded about 1.5% at the start of 2022, meaning it’s now roughly doubled.
U.S. futures are mostly higher, European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is up one cent at $4.204 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 with $2.34, beating estimates of $2.018 per share.
American Express (AXP) reported earnings on 4/22/2022 before the market open with $2.73, beating estimates of $1.435 per share.
Verizon (VZ) reported earnings on 4/22/2022 before the market open with $1.35, inline with estimates of $1.347 per share.
Coca Cola (KO) reported earnings on 4/25/2022 before the market open with $0.64, beating estimates of $0.576 per share.
3M (MMM) reports earnings on 4/26/2022 before the market open with $2.65, beating estimates of $2.332 per share.
Microsoft (MSFT) reports earnings on 4/26/2022 after the market close with $2.22, beating estimates of $2.179 per share.
Visa (V) reports earnings on 4/26/2022 after the market close with $1.79, beating estimates of $1.645 per share.
Boeing (BA) reports earnings on 4/27/2022 before the market open with -$2.75, beating estimates of -$0.262 per share.
Amgen (AMGN) reports earnings on 4/27/2022 after the market close with $4.25, beating estimates of $4.216 per share.
Caterpillar (CAT) reports earnings on 4/28/2022 before the market open with $2.88, beating estimates of $2.663 per share.
McDonald’s (MCD) reports earnings on 4/28/2022 before the market open with $2.28, beating estimates of $2.18 per share.
Merck (MRK) reports earnings on 4/28/2022 before the market open with $2.14, beating estimates of $1.814 per share.
Apple (AAPL) reports earnings on 4/28/2022 after the market close with $1.52, beating estimates of $1.43 per share.
Intel (INTC) reports earnings on 4/28/2022 after the market close with $0.87, beating estimates of $0.802 per share.
Chevron (CVX) reports earnings on 4/29/2022 before the market open with $3.36, missing estimates of $3.442 per share.
Honeywell (HON) reports earnings on 4/29/2022 before the market open with $1.91, beating estimates of $1.858 per share.
Disney (DIS) reports earnings on 5/11/2022 after the market close.
Today’s Featured Dow Stock
Walgreens (WBA) 42.52 (+0.28%) is down -18.48% in 2022.
Financial Calendar
08:55 AM ET Redbook (YoY)
10:00 AM ET Durables Excluding Defense (MoM) (Mar)
10:00 AM ET Factory Orders (MoM) (Mar)
10:00 AM ET Factory orders ex transportation (MoM) (Mar)
10:00 AM ET JOLTs Job Openings (Mar)
16:30 PM ET API Weekly Crude Oil Stock