Dow stocks hitting 52-week highs include Amgen (AMGN) 292.39 (+5.55%), McDonald’s (MCD) 278.40 (+0.72%) and Merck (MRK) 101.50 (+1.43%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -165 points.

Tuesday the Dow closed up +333.83 (+1.02%) at 33,160.83.

Year-to-date the Dow is down -8.74%.

Tuesday, (27) Dow stocks were up, none made 52-week lows and (3) made 52-week highs.

The Dow stock winners Tuesday were led by Amgen (AMGN) 292.39 (+5.55%), Boeing (BA) 169.62 (+2.86%) and AMerican Express (AXP) 150.20 (+2.19%).

The Dow stock losers Tuesday were Walgreens (WBA) 38.29 (-0.78%), Disney (DIS) 99.90 (-0.53%) and Chevron (CVX) 185.34 (-0.15%).

The 10 YR yield closed Monday at 4.147 and the VIX at 25.54 (+4.89%). The 10 YR is currently at 4.155 and VIX is at 25.50 (-0.16%).

U.S. stock markets were headed higher ahead of Election Day, as investors had bet on partisan gridlock in the next Congress. Wednesday morning, the balance of power had yet to be decided. Early results showed Democrats outperforming expectations, with several key seats yet to be divided. Many investors are keen on the parties sharing power in Washington, seeing it as a way to contain spending, especially as high inflation grips the economy. And as long as inflation is high, the Federal Reserve has said it is prepared to keep raising interest rates, a pledge that has weighed on stocks.

Disney (DIS) reported earnings Tuesday after the close and disappointed in just about every way. Profit missed expectations by a wide margin. Revenue fell short, too, dragged down by soft performance by the company’s media and entertainment segment. Even the silver linings were offset by gray clouds. Disney+ streaming subscriptions topped expectations, but its high costs ate into the bottom line, and the company expects growth to slow in the current quarter. Disney’s parks and cruises segment posted record revenue, according to CEO Bob Chapek, but even that didn’t live up to analysts’ projections.

Tomorrow we get the CPI report.

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

The national average price of gasoline is up one-tenth of a cent at $3.805 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) reported earnings on 11/3/2022 after the market close with $4.70, beating estimates of $4.427 per share.

Disney (DIS) reports earnings on 11/8/2022 after the market close with $0.30, missing estimates of $0.503 per share.

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

Disney (DIS)

Disney (DIS) 99.90 (-0.53%) is down -35.50% in 2022.

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