Dow stocks hitting 52-week highs include Chevron (CVX) 182.22 (+0.73%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -80 points.

Tuesday the Dow closed down -79.75 (-0.24%) at 32,653.20.

Year-to-date the Dow is down -10.14%.

Tuesday, (11) Dow stocks were up, none made 52-week lows and (1) made 52-week highs.

The Dow stock winners Tuesday were led by JPMorgan (JPM) 128.15 (+1.80%), Goldman Sachs (GS) 348.58 (+1.18%) and Nike (NKE) 93.77 (+1.18%).

The Dow stock losers Tuesday were led by Apple (AAPL) 150.65 (-1.75%), Microsoft (MSFT) 228.17 (-1.71%) and Salesforce (CRM) 159.82 (-1.70%).

The 10 YR yield closed Tuesday at 4.053% and the VIX at 25.81 (-0.27%). The 10 YR is currently at 4.035 and VIX is at 26.37 (+2.17%).

The September JOLT’s report yesterday showed employment openings for the month totaled 10.72 million, well above estimates for 9.85 million. The data indicates that there are 1.9 job openings for every available worker. Also yesterday, the ISM Manufacturing Index posted a 50.2 reading, slightly better than the Dow Jones estimate for 50.0 but 0.9 percentage point lower than September.

The Federal Reserve is expected to wrap up its two-day meeting this afternoon with another three-quarter-point rate hike. Investors will be locked in to hear what the Fed and Chairman Jerome Powell will say about their next course of action with the job market and the economy still running hot.

A slight decline in rates last week didn’t spark much new mortgage demand. Indeed, overall demand fell as buyers largely remained on the sidelines with rates hovering above 7% and prices remaining high despite a sudden, recent cooling. Demand for refinance mortgages did grow, albeit slightly, according to the Mortgage Bankers Association, but not enough to move the needle. Homebuilders have already said housing is in a recession, and now they’re warning that rougher times are coming in the new year.

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

The national average price of gasoline is up seven-tenths of a cent at $3.765 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) reported earnings on 10/27/2022 after the market close with $1.29, beating estimates of $1.261 per share.

Intel (INTC) reported earnings on 10/27/2022 after the market close with $0.59, beating estimates of $0.34 per share.

Chevron (CVX) reported earnings on 10/28/2022 before the market open with $5.56, beating estimates of $5.019 per share.

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

Boeing (BA)

Boeing (BA) 143.38 (+0.61%) is down -28.78% in 2022.

07:00 AM ET MBA 30-Year Mortgage Rate, 7.16%
07:00 AM ET MBA Mortgage Applications (WoW), -1.7%
07:00 AM ET MBA Purchase Index, 160.4
07:00 AM ET Mortgage Market Index, 201.1
07:00 AM ET Mortgage Refinance Index, 394.7
07:30 AM ET Challenger Job Cuts (YoY), 67.6%
08:15 AM ET ADP Nonfarm Employment Change (Oct), 195K, 208K
10:30 AM ET Crude Oil Inventories, 0.367M, 2.588M
10:30 AM ET EIA Refinery Crude Runs (WoW), -0.114M
10:30 AM ET Crude Oil Imports, -0.719M
10:30 AM ET Cushing Crude Oil Inventories, 0.667M
10:30 AM ET Distillate Fuel Production, -0.045M
10:30 AM ET EIA Weekly Distillates Stocks, -0.560M, 0.170M
10:30 AM ET Gasoline Production, 0.056M
10:30 AM ET Heating Oil Stockpiles, -0.285M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 0.5%, -0.6%
10:30 AM ET Gasoline Inventories, -1.358M, -1.478M
14:00 PM ET FOMC Statement
14:00 PM ET Fed Interest Rate Decision, 4.00%, 3.25%
14:30 PM ET FOMC Press Conference