DJIA Market Happenings For Thursday, October 27, 2022 – Walmart (WMT) 141.14 Down -2.45% YTD

Dow stocks hitting 52-week highs include Amgen (AMGN) 266.66 (+2.57%) and Merck (MRK) 98.41 (+0.72%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +378 points.

Wednesday the Dow closed up +2.37 (+0.01%) at 31,839.11.

Year-to-date the Dow is down -12.38%.

Wednesday, (21) Dow stocks were up, none made 52-week lows and (1) made 52-week highs.

The Dow stock winners Wednesday were led by Visa (V) 203.33 (+4.60%), 3M (MMM) 122.70 (+3.54%) and Amgen (AMGN) 266.66 (+2.57%).

The Dow stock losers Wednesday were Boeing (BA) 133.79 (-8.77%), Microsoft (MSFT) 231.32 (-7.72%) and Salesforce (CRM) 159.91 (-3.24%).

The 10 YR yield closed Wednesday at 4.009% and the VIX at 27.28 (-4.15%). The 10 YR is currently at 3.969 and VIX is at 27.39 (+0.40%).

Markets are up this morning and we have a bunch of earnings reports. See earnings section below.

It’s just under two weeks until Election Day, when Americans will decide the balance of power in Congress. The economy is again voters’ top concern as Covid worries have waned and prices have surged at levels not seen in four decades. The Federal Reserve has had little luck so far slowing down inflation with its big interest rate hikes, even as critics warn that the central bank’s actions threaten a recession. We also have a Fed meeting next week.

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

The national average price of gasoline is down four-tenths of a cent at $3.760 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) reported earnings on 10/25/2022 before the market open with $0.69, beating estimates of $0.636 per share.

3M (MMM) reported earnings on 10/25/2022 before the market open with $2.69, beating estimates of $2.612 per share.

Microsoft (MSFT) reported earnings on 10/25/2022 after the market close with $2.35, beating estimates of $2.29 per share.

Visa (V) reported earnings on 10/25/2022 after the market close with $1.93, beating estimates of $1.857 per share.

Boeing (BA) reported earnings on 10/26/2022 before the market open with -$6.18, missing estimates of -$0.006 per share.

Caterpillar (CAT) reported earnings on 10/27/2022 before the market open with $3.95, beating estimates of $3.186 per share.

Honeywell (HON) reported earnings on 10/27/2022 before the market open with $2.25, beating estimates of $2.163 per share.

McDonald’s (MCD) reported earnings on 10/27/2022 before the market open with $2.68, beating estimates of $2.57 per share.

Merck (MRK) reported earnings on 10/27/2022 before the market open with $1.85, beating estimates of $1.674 per share.

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

Walmart (WMT)

Walmart (WMT) 141.14 (+0.76%) is down -2.45% in 2022.

08:30 AM ET Continuing Jobless Claims, 1,388K, 1,385K
08:30 AM ET Core Durable Goods Orders (MoM) (Sep), 0.2%, 0.3%
08:30 AM ET Core PCE Prices (Q3), 4.50%, 4.70%
08:30 AM ET Durable Goods Orders (MoM) (Sep), 0.6%, -0.2%
08:30 AM ET Durables Excluding Defense (MoM) (Sep), -0.8%
08:30 AM ET GDP (QoQ) (Q3), 2.4%, -0.6%
08:30 AM ET GDP Price Index (QoQ) (Q3), 5.3%, 9.1%
08:30 AM ET GDP Sales (Q3), 1.3%
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (Sep), 0.5%, 1.4%
08:30 AM ET Initial Jobless Claims, 220K, 214K
08:30 AM ET Jobless Claims 4-Week Avg., 212.25K
08:30 AM ET PCE Prices (Q3), 7.3%
08:30 AM ET Real Consumer Spending (Q3), 2.0%
10:30 AM ET Natural Gas Storage, 59B, 111B
11:00 AM ET KC Fed Composite Index (Oct), 1
11:00 AM ET KC Fed Manufacturing Index (Oct), 2
11:30 AM ET 4-Week Bill Auction, 3.430%
11:30 AM ET 8-Week Bill Auction, 3.690%
13:00 PM ET 7-Year Note Auction, 3.898%

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