Dow stocks hitting 52-week highs include Walmart (WMT) 160.00 (-0.74%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -285 points.

Monday the Dow closed up +26.23 (+0.07%) at 35,307.63.

Year-to-date the Dow is up +6.52%.

Monday, (13) Dow stocks were up, none were at 52-week lows and (1) was at 52-week highs.

The Dow stock winners Monday were led by Intel (INTC)35.68 (+2.26%), Salesforce (CRM) 212.06 (+1.61%) and Merck (MRK) 108.91 (+1.37%).

The Dow stock losers Monday were 3M (MMM) 103.42 (-1.08%), Walgreens (WBA) 29.07 (-0.95%) and Goldman Sachs (GS) 337.74 (-0.88%).

The VIX closed Monday at 14.82 (-0.13%) and the 10 YR at 4.194 (+0.38%). The VIX is currently at 15.82 (+6.75%). The 10YR is at 4.218 (+0.96%).

Markets are down this morning following disappointing economic data out of China and a surprise rate cut from the country’s central bank that raised concerns about an emerging real estate crisis.

July’s retail sales data came in higher than expected, indicating a stronger-than-expected consumer. Retail sales increased 0.7% month-over-month. Economists had estimated a 0.4% increase.

Home Depot reported earnings per share and revenue that beat analyst expectations, pushing its stock slightly higher in the premarket.

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

The national average price of gasoline is up 1.1 cents at $3.862 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) reported earnings on 8/15/2023 before the market open with $4.65, beating estimates of $4.457 per share.

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

American Express (AXP)

American Express (AXP) 166.08 (+0.49%) is up +12.41% in 2023.

Financial Calendar

08:30 AM ET Core Retail Sales (MoM) (Jul), -0.3%, 0.2%
08:30 AM ET Export Price Index (MoM) (Jul), 0.2%, -0.9%
08:30 AM ET Export Price Index (YoY), -14.1%, -12.0%
08:30 AM ET Import Price Index (YoY), -6.5%, -6.1%
08:30 AM ET Import Price Index (MoM) (Jul), 0.1%, -0.2%
08:30 AM ET NY Empire State Manufacturing Index (Aug), -0.75, 1.10
08:30 AM ET Retail Control (MoM) (Jul), 0.2%, 0.6%
08:30 AM ET Retail Sales (YoY) (Jul), 1.50%, 1.49%
08:30 AM ET Retail Sales (MoM) (Jul), 0.4%, 0.2%
08:30 AM ET Retail Sales Ex Gas/Autos (MoM) (Jul), 0.3%
08:55 AM ET Redbook (YoY), 0.3%
10:00 AM ET Business Inventories (MoM) (Jun), 0.1%, 0.2%
10:00 AM ET NAHB Housing Market Index (Aug), 56, 56
10:00 AM ET Retail Inventories Ex Auto (Jun), 0.4%, -0.1%
11:00 AM ET FOMC Member Kashkari Speaks
16:00 PM ET US Foreign Buying, T-bonds (Jun), 49.90B, 37.50B
16:00 PM ET Overall Net Capital Flow (Jun), 42.80B, -167.60B
16:00 PM ET TIC Net Long-Term Transactions (Jun), 107.2B, 25.8B
16:00 PM ET TIC Net Long-Term Transactions including Swaps (Jun), 114.50B, 17.50B
16:30 PM ET API Weekly Crude Oil Stock, 4.067M