There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +404 points.

Friday the Dow closed down -403.89 (-1.34%) at 29,634.83.

Year-to-date the Dow is down -18.45%.

Friday, (3) Dow stocks were up, none made 52-week lows and none made 52-week highs.

The Dow stock winners Friday were led by JPMorgan (JPM) 111.19 (+1.66%), UnitedHealth (UNH) 513.13 (+0.63%) and Boeing (BA) 133.15 (+0.57%).

The Dow stock losers Friday were led by American Express (AXP) 136.81 (-3.35%), Apple (AAPL) 138.38 (-3.22%) and Chevron (CVX) 160.14 (-3.11%).

The 10 YR yield closed Friday at 4.024% and the VIX at 32.02 (+0.25%). The 10 YR is currently at 3.935 and VIX is at 31.72 (-0.94%).

Earnings season gains momentum this week. See earnings section below for the details.

Britain has a new finance minister, Jeremy Hunt, and he unveiled a new economic plan Monday. Hunt replaces Kwasi Kwarteng, who was sacked after just weeks on the job because his tax-cut-heavy economic plan sent UK bonds and the pound spiraling. Hunt on Monday said the new plan will eliminate almost all of the tax cuts proposed under Kwarteng’s budget. Prime Minister Liz Truss’s government, which has only been in office just over a month, is already on thin ice over the market turmoil, but it’s likely she will stay in office for the time being. UK Conservative Party rules say a new leadership election can’t be held for a year.

So far, it looks like we are going higher.

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

The national average price of gasoline is unchanged at $3.888 per gallon.

Latest Dow 30 Earnings Reports

Nike (NKE) reported earnings on 9/29/2022 after the market close with $0.93, beating estimates of $0.913 per share.

Walgreens (WBA) reported earnings on 10/13/2022 before the market open with $0.80, beating estimates of $0.779 per share.

JPMorgan (JPM) reported earnings on 10/14/2022 before the market open with $3.12, beating estimates of $2.961 per share.

UnitedHealth (UNH) reported earnings on 10/14/2022 before the market open $5.79, beating estimates of $5.451 per share.

Goldman Sachs (GS) reports earnings on 10/18/2022 before the market open.

Johnson & Johnson (JNJ) reports earnings on 10/18/2022 before the market open.

Procter & Gamble (PG) reports earnings on 10/19/2022 before the market open.

Travelers (TRV) reports earnings on 10/19/2022 before the market open.

IBM (IBM) reports earnings on 10/19/2022 after the market close.

Dow (DOW) reports earnings on 10/20/2022 before the market open.

American Express (AXP) reports earnings on 10/21/2022 before the market open.

Verizon (VZ) reports earnings on 10/21/2022 before the market open.

Coca Cola (KO) reports earnings on 10/25/2022 before the market open.

3M (MMM) reports earnings on 10/25/2022 before the market open.

Microsoft (MSFT) reports earnings on 10/25/2022 after the market close.

Visa (V) reports earnings on 10/25/2022 after the market close.

Boeing (BA) reports earnings on 10/26/2022 before the market open.

Caterpillar (CAT) reports earnings on 10/27/2022 before the market open.

Honeywell (HON) reports earnings on 10/27/2022 before the market open.

McDonald’s (MCD) reports earnings on 10/27/2022 before the market open.

Merck (MRK) reports earnings on 10/27/2022 before the market open.

Apple (AAPL) reports earnings on 10/27/2022 after the market close.

Intel (INTC) reports earnings on 10/27/2022 after the market close.

Chevron (CVX) reports earnings on 10/28/2022 before the market open.

Amgen (AMGN) reports earnings on 11/3/2022 after the market close.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) 228.56 (-2.42%) is down -32.04% in 2022.

08:30 AM ET NY Empire State Manufacturing Index (Oct), -4.00, -1.50
11:30 AM ET 3-Month Bill Auction, 3.510%
11:30 AM ET 6-Month Bill Auction, 4.030%