Dow stocks hitting 52-week highs include Walmart (WMT) 167.68 (+0.90%). Dow stock 52-week lows include Walgreens (WBA) 20.17 (-2.84%).

The Market

Premarket today, the Dow was indicated to be up +384 points.

Monday the Dow closed up +54.77 (+0.16%) at 34,337.87.

Year-to-date the Dow is up +3.59%.

Monday, (26) Dow stocks were up, (1) was at 52-week lows and (1) was at 52-week highs.

The Dow stock winners Monday were led by Boeing (BA) 204.54 (+4.01%), Disney (DIS) 89.44 (+1.33%) and Merck (MRK) 102.47 (+1.07%).

The Dow stock losers Monday were led by Walgreens (WBA) 20.17 (-2.84%), Nike (NKE) 104.20 (-1.80%) and Intel (INTC) 38.23 (-1.62%).

The VIX closed Monday at 14.76 (+4.16%) and the 10 YR at 4.646 (+0.17%). The VIX is currently at 13.98 (-5.28%). The 10YR is at 4.496 (-0.138%).

October’s consumer price index, a key inflation gauge for the Federal Reserve, came in lower than analysts expected. Inflation was flat from the previous month, versus the 0.1% increase expected by economists. The CPI increased 3.2% from a year ago, lower than the 3.3% consensus.

Home Depot (HD) reported third-quarter earnings and revenue that beat expectations. However, the home improvement retailer issued tepid guidance, keeping shares in check.

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

The national average price of gasoline is down 1.3 cents at $3.353 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 9/28/23 after the market close with $0.94, beating estimates of $0.739 per share.

Walgreens (WBA) reported earnings on 10/12/23 before the market open with $0.67, beating estimates of $0.682.

JPMorgan (JPM) reported earnings on 10/13/23 before the market open with $4.33, beating estimates of $3.96 per share.

UnitedHealth (UNH) reported earnings on 10/13/23 before the market open with $6.56, beating estimates of $6.327 per share.

Goldman Sachs (GS) reported earnings on 10/17/23 before the market open with $5.47, beating estimates of $5.31 per share.

Johnson & Johnson (JNJ) reported earnings on 10/17/23 before the market open with $2.66, beating estimates of $2.524 per share.

Travelers (TRV) reports earnings on 10/18/23 before the market open with $1.95, missing estimates of $2.932 per share.

Procter & Gamble (PG) reports earnings on 10/18/23 before the market open with $1.83, beating estimates of $1.71per share.

American Express (AXP) reported earnings on 10/20/23 before the market open with $3.30, missing estimates of $2.961 per share.

3M (MMM) reported earnings on 10/24/23 before the market open with $2.68, beating estimates of $2.335 per share.

Coca Cola (KO) reported earnings on 10/24/23 before the market open with $0.74, beating estimates of $0.687 per share.

Dow (DOW) reported earnings on 10/24/23 before the market open with $0.48, beating estimates of $0.435 per share.

Verizon (VZ) reported earnings on 10/24/23 before the market open with $1.22, beating estimates of $1.174 per share.

Microsoft (MSFT) reported earnings on 10/24/23 after the market close with $2.99, beating estimates of $2.65 per share.

Visa (v) reported earnings on 10/24/23 after the market close with $2.33, beating estimates of $2.233 per share.

Boeing (BA) reported earnings on 10/25/23 before the market open with -$3.26, missing estimates of -$3.205 per share.

IBM (IBM) reported earnings on 10/25/23 after the market close with $2.20, beating estimates of $2.12 per share.

Honeywell (HON) reported earnings on 10/26/23 before the market open with $2.27, beating estimates of $2.224 per share.

Merck (MRK) reported earnings on 10/26/23 before the market open with $2.13, beating estimates of $1.942 per share.

Intel (INTC) reported earnings on 10/26/23 after the market close with $0.41, beating estimates of $0.034 per share.

Chevron (CVX) reported earnings on 10/27/23 before the market open with $3.05, missing estimates of $3.678 per share.

McDonald’s (MCD) reported earnings on 10/30/23 before the market open with $3.17, beating estimates of $3.003 per share.

Amgen (AMGN) reported earnings on 10/31/23 before the market open with $4.96, beating estimates of $4.655 per share.

Caterpillar (CAT) reported earnings on 10/31/23 before the market open with $5.52, beating estimates of $4.753 per share.

Apple (AAPL) reported earnings on 11/2/23 after the market close with $1.46, beating estimates of $1.392 per share.

Disney (DIS) reported earnings on 11/8/23 after the market close with $0.82, beating estimates of $0.67 per share.

Home Depot (HD) reported earnings on 11/14/23 before the market open with $3.81, missing estimates of $3.762 per share.

Cisco (CSCO) reports earnings on 11/15/23 after the market close.

Walmart (WMT) reports earnings on 11/16/23 before the market open.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) 52.23 (-0.68%) is up +9.63% in 2023.

Financial Calendar

03:00 AM ET FOMC Member Williams Speaks
04:00 AM ET IEA Monthly Report
05:30 AM ET Fed Governor Jefferson Speaks
06:00 AM ET NFIB Small Business Optimism (Oct), 90.5, 90.8
08:30 AM ET Core CPI (MoM) (Oct), 0.3%, 0.3%
08:30 AM ET Core CPI (YoY) (Oct), 4.1%, 4.1%
08:30 AM ET Core CPI Index (Oct), 311.67, 310.66
08:30 AM ET CPI (YoY) (Oct), 3.3%, 3.7%
08:30 AM ET CPI (MoM) (Oct), 0.1%, 0.4%
08:30 AM ET CPI Index, n.s.a. (Oct), 307.86, 307.79
08:30 AM ET CPI Index, s.a (Oct), 307.48
08:30 AM ET CPI, n.s.a (MoM) (Oct), 0.25%
08:30 AM ET Real Earnings (MoM) (Oct), -0.2%
08:55 AM ET Redbook (YoY), 3.1%
10:00 AM ET Fed Vice Chair for Supervision Barr Speaks
11:00 AM ET Cleveland CPI (MoM) (Oct), 0.5%
12:45 PM ET Fed Goolsbee Speaks
16:30 PM ET API Weekly Crude Oil Stock, 11.900M