There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Walgreens (WBA) 26.54 (+0.38%).

The Market

Premarket today, the Dow was indicated to be up +47 points.

Tuesday the Dow closed down -174.86 (-0.51%) at 34,288.83.

Year-to-date the Dow is up +3.44%.

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

The Dow stock winners Tuesday were led by Boeing (BA) 230.07 (+1.25%), Apple (AAPL) 177.23 (+0.79%) and Verizon (VZ) 33.20 (+0.61%).

The Dow stock losers Tuesday were led by Merck (MRK) 107.23 (-2.20%), JPMorgan (JPM) 146.38 (-2.07%) and Nike (NKE) 101.46 (-1.36%).

The VIX closed Tuesday at 16.97 (-0.93%) and the 10 YR at 4.303 (-0.53%). The VIX is currently at 16.93 (-0.24%). The 10YR is at 4.260 (-1.53%).

Tomorrow begins the two-day Federal Reserve symposium in Jackson Hole, Wyoming. Fed Chair Jerome Powell is expected to deliver remarks Friday.

Athletic retail stock Nike (NKE) notched notable losses in Tuesday’s session. Nike’s 1.4% slide marked its ninth straight down day. That’s the longest losing streak the company has ever seen.

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

The national average price of gasoline is down nine-tenths of a cent at $3.845 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) reported earnings on 8/16/2023 after the market close with $1.14, beating estimates of $0.948 per share.

Walmart (WMT) reported earnings on 8/17/2023 before the market open with $1.84, beating estimates of $1.692 per share.

Salesforce (CRM) reports earnings on 8/30/2023 after the market close.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) 85.79 (-0.10%) is down -1.25% in 2023.

Financial Calendar

07:30 AM ET FOMC Member Barkin Speaks
08:55 AM ET Redbook (YoY), 2.9%, 0.7%
10:00 AM ET Existing Home Sales (MoM) (Jul), -2.2%, -3.3%
10:00 AM ET Existing Home Sales (Jul), 4.07M, 4.15M, 4.16M
10:00 AM ET Richmond Manufacturing Index (Aug), -7, -7, -9
10:00 AM ET Richmond Manufacturing Shipments (Aug), -5, -6
10:00 AM ET Richmond Services Index (Aug), 4, -4, -2
14:30 PM ET Fed Goolsbee Speaks
14:30 PM ET FOMC Member Bowman Speaks
16:30 PM ET API Weekly Crude Oil Stock, -2.418M, -2.900M, -6.195M