DJIA Market Happenings For Friday, July 14, 2023 – Goldman Sachs (GS) 328.68 Down -4.28% YTD

Dow stocks hitting 52-week highs include Salesforce (CRM) 230.37 (+1.36%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +194 points.

Thursday the Dow closed up +47.71 (+0.14%) at 34,395.14.

Year-to-date the Dow is up +3.76%.

Thursday, (23) Dow stocks were up, none were at 52-week lows and none were at 52-week highs.

The Dow stock winners Thursday were led by Microsoft (MSFT) 342.66 (+1.62%), Cisco (CSCO) 51.53 (+1.56%) and Salesforce (CRM) 230.37 (+1.36%).

The Dow stock losers Thursday were led by Walgreens (WBA) 29.74 (-1.91%), Travelers (TRV) 168.22 (-1.69%) and Chevron (CVX) 157.51 (-1.33%).

The VIX closed Thursday at 13.61 (-+0.52%) and the 10 YR at 3.760 (-2.46%). The VIX is currently at 13.69 (+0.59%). The 10YR is at 3.792 (+0.99%).

JPMorgan (JPM) rose more than 2% in the premarket after posting better-than-expected earnings. The bank was boosted by higher interest rates and rising interest income.

UnitedHealth (UNH) shares rose 3% after the insurance giant reported better-than-expected earnings and revenue. The company also raised the lower end of its full-year earnings guidance.

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

The national average price of gasoline is up 1.1 cents at $3.566 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2023 before the market open with $1.00, missing estimates of $1.069 per share.

Nike (NKE) reported earnings on 6/29/2023 after the market close with $0.66, missing estimates of $0.672 per share.

JPMorgan (JPM) reports earnings on 7/14/2023 before the market open.

UnitedHealth (UNH) reports earnings on 7/14/2023 before the market open.

Goldman Sachs (GS) reports earnings on 7/19/2023 before the market open.

IBM (IBM) reports earnings on 7/19/2023 after the market close.

Johnson & Johnson (JNJ) reports earnings on 7/20/2023 before the market open.

Travelers (TRV) reports earnings on 7/20/2023 before the market open.

American Express (AXP) reports earnings on 7/21/2023 before the market open.

Dow (DOW) reports earnings on 7/25/2023 before the market open.

3M (MMM) reports earnings on 7/25/2023 before the market open.

Verizon (VZ) reports earnings on 7/25/2023 before the market open.

Microsoft (MSFT) reports earnings on 7/25/2023 after the market close.

Visa (V) reports earnings on 7/19/2023 after the market close.

Coca Cola (KO) reports earnings on 7/26/2023 before the market open.

Boeing (BA) reports earnings on 7/26/2023 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 328.68 (+0.70%) is down -4.28% in 2023.

Financial Calendar

08:30 AM ET Export Price Index (YoY), -11.1%, -10.1%
08:30 AM ET Export Price Index (MoM) (Jun), -0.3%, -1.9%
08:30 AM ET Import Price Index (MoM) (Jun), -0.1%, -0.6%
08:30 AM ET Import Price Index (YoY), -3.6%, -5.9%
10:00 AM ET Michigan 5-Year Inflation Expectations (Jul), 3.1%, 3.0%
10:00 AM ET Michigan Consumer Expectations (Jul), 61.8, 61.5
10:00 AM ET Michigan Consumer Sentiment (Jul), 65.5, 64.4
10:00 AM ET Michigan Current Conditions (Jul), 70.4, 69.0
10:00 AM ET Michigan Inflation Expectations (Jul), 3.3%, 3.3%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 540
13:00 PM ET U.S. Baker Hughes Total Rig Count, 680
16:30 PM ET CFTC Aluminium speculative net positions, 6.3K
16:30 PM ET CFTC Copper speculative net positions, -8.8K
16:30 PM ET CFTC Corn speculative net positions, 46.4K
16:30 PM ET CFTC Crude Oil speculative net positions, 141.4K
16:30 PM ET CFTC Gold speculative net positions, 163.1K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, 5.5K
16:30 PM ET CFTC Natural Gas speculative net positions, -98.8K
16:30 PM ET CFTC S&P 500 speculative net positions, -207.2K
16:30 PM ET CFTC Silver speculative net positions, 18.0K
16:30 PM ET CFTC Soybeans speculative net positions, 91.0K
16:30 PM ET CFTC Wheat speculative net positions, -45.5K

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