Dow stocks hitting 52-week highs include Cisco (CSCO) 53.37 (+0.72%) and Procter & Gamble (PG) 156.11 (-0.50%). There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to be down -52 points.
Thursday the Dow closed up +52.79 (+0.15%) at 35,176.15.
Year-to-date the Dow is up +6.12%.
Thursday, (15) Dow stocks were up, none were at 52-week lows and (2) was at 52-week highs.
The Dow stock winners Thursday were led by Disney (DIS) 91.76 (+4.88%), Intel (INTC) 34.68 (+1.17%) and Salesforce (CRM) 208.25 (+1.16%).
The Dow stock losers Thursday were Goldman Sachs (GS) 340.40 (-0.67%), Nike (NKE) 109.03 (-0.60%) and Johnson & Johnson (JNJ) 172.17 (-0.52%).
The VIX closed Thursday at 15.85 (-0.69%) and the 10 YR at 4.100 (+0.64%). The VIX is currently at 16.05 (+1.26%). The 10YR is at 4.138 (+1.57%).
July’s producer price index rose 0.3% from the previous month. Economists had expected the report, which is closely followed by the Federal Reserve and market participants, to increase 0.2% month over month.
U.S. futures are lower, European stocks are lower and Asian markets ended mostly lower.
The national average price of gasoline is up 1.3 cents at $3.841 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) reported earnings on 7/14/2023 before the market open with $4.75, beating estimates of $3.615 per share.
UnitedHealth (UNH) reports earnings on 7/14/2023 before the market open with $6.14, beating estimates of $5.921 per share.
Goldman Sachs (GS) reported earnings on 7/19/2023 before the market open with $3.08, missing estimates of $3.245 per share.
IBM (IBM) reported earnings on 7/19/2023 after the market close with $2.18, beating estimates of $2.002 per share.
Johnson & Johnson (JNJ) reported earnings on 7/20/2023 before the market open with $2.80, beating estimates of $2.614 per share.
Travelers (TRV) reported earnings on 7/20/2023 before the market open with $0.06, missing estimates of $2.273 per share.
American Express (AXP) reports earnings on 7/21/2023 before the market open with $2.88, beating estimates of $2.801 per share.
Dow (DOW) reported earnings on 7/25/2023 before the market open with $0.68, missing estimates of $0.699 per share.
3M (MMM) reported earnings on 7/25/2023 before the market open with $2.17, beating estimates of $1.648 per share.
Verizon (VZ) reported earnings on 7/25/2023 before the market open with $1.21, beating estimates of $1.17 per share.
Microsoft (MSFT) reported earnings on 7/25/2023 after the market close with $2.69, beating estimates of $2.544per share.
Visa (V) reported earnings on 7/25/2023 after the market close with $2.16, beating estimates of $2.109 per share.
Coca Cola (KO) reported earnings on 7/26/2023 before the market open with $0.78, beating estimates of $0.716 per share.
Boeing (BA) reported earnings on 7/26/2023 before the market open with $-0.82, beating estimates of $-0.986 per share.
Honeywell (HON) reported earnings on 7/27/2023 before the market open with $2.23, beating estimates of $2.201 per share.
McDonald’s (MCD) reported earnings on 7/27/2023 before the market open with $3.17, beating estimates of $2.772 per share.
Intel (INTC) reported earnings on 7/27/2023 after the market close with $0.13, beating estimates of $-0.189 per share.
Chevron (CVX) reports earnings on 7/28/2023 after the market close with $3.08, beating estimates of $2.95 per share.
Procter & Gamble (PG) reports earnings on 7/28/2023 after the market close with $1.37, beating estimates of $1.321 per share.
Caterpillar (CAT) reported earnings on 8/1/2023 before the market open with $5.55, beating estimates of $4.513 per share.
Merck (MRK) reported earnings on 8/1/2023 before the market open with $-2.06, beating estimates of $-2.165 per share.
Amgen (AMGN) reported earnings on 8/3/2023 after the market close with $5.00, beating estimates of $4.436 per share.
Apple (AAPL) reported earnings on 8/3/2023 after the market close with $1.26, beating estimates of $1.188 per share.
Disney (DIS) reported earnings on 8/9/2023 after the market close with $1.03, beating estimates of $0.985 per share.
Home Depot (HD) reports earnings on 8/15/2023 before the market open.
Cisco (CSCO) reports earnings on 8/16/2023 after the market close.
Walmart (WMT) reports earnings on 8/17/2023 before the market open.
Today’s Featured Dow Stock
Apple (AAPL) 177.97 (-0.12%) is up +36.97% in 2023.
Financial Calendar
08:30 AM ET Core PPI (YoY) (Jul), 2.3%, 2.4%
08:30 AM ET Core PPI (MoM) (Jul), 0.2%, 0.1%
08:30 AM ET PPI ex. Food/Energy/Transport (MoM) (Jul), 0.1%, 0.1%
08:30 AM ET PPI (MoM) (Jul), 0.2%, 0.1%
08:30 AM ET PPI ex. Food/Energy/Transport (YoY) (Jul), 2.6%
08:30 AM ET PPI (YoY) (Jul), 0.7%, 0.1%
10:00 AM ET Michigan 5-Year Inflation Expectations (Aug), 3.0%, 3.0%
10:00 AM ET Michigan Consumer Expectations (Aug), 68.0, 68.3
10:00 AM ET Michigan Consumer Sentiment (Aug), 71.0, 71.6
10:00 AM ET Michigan Current Conditions (Aug), 76.8, 76.6
10:00 AM ET Michigan Inflation Expectations (Aug), 3.8%, 3.4%
12:00 PM ET WASDE Report
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 525
13:00 PM ET U.S. Baker Hughes Total Rig Count, 659
16:30 PM ET CFTC Aluminium speculative net positions, 6.8K
16:30 PM ET CFTC Copper speculative net positions, 10.7K
16:30 PM ET CFTC Corn speculative net positions, 80.1K
16:30 PM ET CFTC Crude Oil speculative net positions, 241.9K
16:30 PM ET CFTC Gold speculative net positions, 164.9K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, -11.4K
16:30 PM ET CFTC Natural Gas speculative net positions, -107.0K
16:30 PM ET CFTC S&P 500 speculative net positions, -200.0K
16:30 PM ET CFTC Silver speculative net positions, 30.8K
16:30 PM ET CFTC Soybeans speculative net positions, 113.8K
16:30 PM ET CFTC Wheat speculative net positions, -26.1K