Dow stocks hitting 52-week highs include Amgen (AMGN) 261.32 (+3.72%) and Merck (MRK) 97.37 (+1.78%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -84 points.

Monday the Dow closed up +417.06 (+1.34%) at 31,499.62.

Year-to-date the Dow is down -13.32%.

Monday, (27) Dow stocks were up, none made 52-week lows and (2) made 52-week highs.

The Dow stock winners Monday were led by Amgen (AMGN) 261.32 (+3.72%), Coca Cola (KO) 57.57 (+2.88%) and Home Depot (HD) 283.26 (+2.81%).

The Dow stock losers Monday were Nike (NKE) 88.01 (-0.55%), Disney (DIS) 101.72 (-0.31%) and Chevron (CVX) 173.13 (-0.03%).

The 10 YR yield closed Monday at 4.211% and the VIX at 29.85 (+0.54%). The 10 YR is currently at 4.192 and VIX is at 30.12 (+1.45%).

Rishi Sunak takes over as Britain’s prime minister facing several big problems at once. The government needs to fill a GBP45 billion hole in public finances, while also contending with the cost-of-living crisis brought on by decades-high inflation. He will also confront a dissatisfied work force that has launched strikes in recent months across several industries, including barristers and rail workers. Then there are political divisions, both in the nation and within his own Conservative Party. Conservatives are fractured despite holding a majority in Parliament, and Sunak is the third prime minister this year alone, so many in Britain are calling for a general election. But the only way that happens before the early 2025 deadline for a broader vote is if Conservatives agree to it – and their chances of victory aren’t looking so hot right now.

Markets look weak this morning.

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

The national average price of gasoline is down 1.8 cents at $3.775 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 with $5.79, beating estimates of $5.451 per share.

Goldman Sachs (GS) reported earnings on 10/18/2022 before the market open with $8.25, beating estimates of $7.69 per share.

Johnson & Johnson (JNJ) reported earnings on 10/18/2022 before the market open with $2.55, beating estimates of $2.494 per share.

Procter & Gamble (PG) reported earnings on 10/19/2022 before the market open with $1.57, beating estimates of $1.548 per share.

Travelers (TRV) reported earnings on 10/19/2022 before the market open with $2.20, beating estimates of $1.77 per share.

IBM (IBM) reported earnings on 10/19/2022 after the market close with $1.81, beating estimates of $1.776 per share.

Dow (DOW) reported earnings on 10/20/2022 before the market open with $1.11, beating estimates of $1.026 per share.

American Express (AXP) reported earnings on 10/21/2022 before the market open with $2.47, beating estimates of $2.385 per share.

Verizon (VZ) reported earnings on 10/21/2022 before the market open with $1.32, beating estimates of $1.285 per share.

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.

Disney (DIS) reports earnings on 11/8/2022 after the market close.

Home Depot (HD) reports earnings on 11/15/2022 before the market open.

Walmart (WMT) reports earnings on 11/15/2022 before the market open.

Cisco (CSCO) reports earnings on 11/16/2022 after the market close.

Today’s Featured Dow Stock

Verizon (VZ)

Verizon (VZ) 35.97 (+1.75%) is down -30.77% in 2022.

08:55 AM ET Redbook (YoY), 8.0%
09:00 AM ET House Price Index (YoY) (Aug), 13.9%
09:00 AM ET House Price Index (MoM) (Aug), -0.6%
09:00 AM ET House Price Index (Aug), 395.2
09:00 AM ET S&P/CS HPI Composite – 20 s.a. (MoM) (Aug), -0.5%, -0.4%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (MoM) (Aug), -0.7%, -0.8%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (YoY) (Aug), 14.4%, 16.1%
10:00 AM ET CB Consumer Confidence (Oct), 106.5, 108.0
10:00 AM ET Richmond Manufacturing Index (Oct), -8
10:00 AM ET Richmond Manufacturing Shipments (Oct), 14
10:00 AM ET Richmond Services Index (Oct), -12
13:00 PM ET 2-Year Note Auction, 4.290%
13:55 PM ET Fed Waller Speaks
16:30 PM ET API Weekly Crude Oil Stock, -1.270M