Dow stocks hitting 52-week highs include IBM (IBM) 147.64 (+1.06%) and Merck (MRK) 104.23 (+1.88%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -25 points.

Friday the Dow closed up +199.37 (+0.59%) at 33,745.69.

Year-to-date the Dow is down -7.13%.

Friday, (20) Dow stocks were up, none made 52-week lows and (2) made 52-week highs.

The Dow stock winners Friday were led by UnitedHealth (UNH) 530.00 (+2.85%), Cisco (CSCO) 47.79 (+2.58%) and Merck (MRK) 104.23 (+1.88%).

The Dow stock losers Friday were led by Salesforce (CRM) 148.04 (-1.10%), Walgreens (WBA) 39.75 (-0.95%) and Chevron (CVX) 182.99 (-0.60%).

The 10 YR yield closed Friday at 3.837 and the VIX at 23.12 {-3.38%). The 10 YR is currently at 3.780 and VIX is at 23.87 (+3.24%).

It’s Happy Thanksgiving Week. We have a shortened trading schedule, with U.S. markets closed Thursday for the holiday and only open until 1 p.m. ET Friday.

The Walt Disney Company (DIS) stunned the business world Sunday night with the news that it had again hired Bob Iger to be chief executive, pushing out Bob Chapek, who had succeeded Iger in the role less than three years ago. Disney’s stock rose after the announcement. Criticism of Chapek had grown to a fever pitch as Disney’s share price fell 40% this year after hitting dramatic highs last year. The CEO switch came less than two weeks after Disney posted weak fiscal fourth-quarter earnings as well as Chapek’s internal announcement that the company would freeze hiring in some segments, trim costs companywide and cut some jobs.

Officials from nearly 200 countries agreed to create a new fund to pay poor nations over the damages they experience from climate change. The deal came at the COP27 conference in Egypt. Nations also agreed to stick with their goal to keep the global temperature increase to the threshold of 1.5 degrees Celsius above pre-industrial period levels.

Goldman Sachs cut its price forecast for crude oil in the fourth quarter, pointing to potential slowdowns coming from Covid outbreaks in China and uncertainty over the G-7?s plans to put a cap on Russian oil prices as the Kremlin presses its war in Ukraine. Goldman now expects $100 a barrel, down $10 from its previous forecast. WTI crude was trading below $80 this morning.

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

The national average price of gasoline is down nine-tenths of a cent at $3.662 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) reported earnings on 11/15/2022 before the market open with $4.24, beating estimates of $4.109 per share.

Walmart (WMT) reported earnings on 11/15/2022 before the market open with $1.50, beating estimates of $1.315 per share.

Cisco (CSCO) reported earnings on 11/16/2022 after the market close with $0.86, beating estimates of $0.733 per share.

Salesforce (CRM) reports earnings on 11/30/2022 after the market close.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) 133.84 (+0.98%) is down -15.48% in 2022.

08:30 AM ET Chicago Fed National Activity (Oct), 0.10
11:30 AM ET 3-Month Bill Auction, 4.155%
11:30 AM ET 6-Month Bill Auction, 4.440%
13:00 PM ET 2-Year Note Auction, 4.460%
13:00 PM ET 5-Year Note Auction, 4.192%