The Dow Market Happenings For Wednesday, January 10, 2024 – Intel (INTC) 48.05 Down -4.38% YTD

Dow stocks hitting 52-week highs include Merck (RK) 118.43 (+0.89%) and Visa (V) 263.33 (+0.30%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -4 points.

Tuesday the Dow closed down -157.85 (-0.42%) at 37,525.16.

Year-to-date the Dow is down -0.44%.

Tuesday, (10) Dow stocks were up, none were at 52-week lows and (2) were at 52-week highs.

The Dow stock winners Tuesday were led by Merck (MRK) 118.43 (+0.89%), Walmart (WMT) 159.31 (+0.67%) and Procter & Gamble (PG) 149.30 (+0.41%).

The Dow stock losers Tuesday were led by Chevron (CVX) 145.70 (-2.54%), Dow (DOW) 53.94 (-2.07%) and Disney (DIS) 89.67 (-2.05%).

The VIX closed Tuesday at 12.76 (-2.45%) and the 10 YR at 4.011 (-0.006%). The VIX is currently at 12.90 (+1.10%). The 10YR is at 3.994 (-0.023%).

Not much going on with DJIA components this morning.

We are all waiting on the CPI numbers tomorrow and PPI numbers on Friday.

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

The national average price of gasoline is unchanged at $3.078 per gallon.

Earnings Reports

Salesforce (CRM) reported earnings 11/29/23 after the close with $2.11, beating estimates of $1.512 per share.

Nike (NKE) reported earnings on 12/21/23 after the close with $1.03, beating estimates of $0.839 per share.

Walgreens (WBA) reported earnings on 1/4/24 before the open with $0.66, beating estimates of $0.656 per share.

IBM (IBM) reports earnings on 1/12/24 before the open.

JPMorgan (JPM) reports earnings on 1/12/24 before the open.

UnitedHealth (UNH) reports earnings on 1/12/24 before the open.

Goldman Sachs (GS) reports earnings on 1/16/24 before the open.

Travelers (TRV) reports earnings on 1/19/24 before the open.

3M (MMM) reports earnings on 1/23/24 before the open.

Johnson & Johnson (JNJ) reports earnings on 1/23/24 before the open.

Procter & Gamble (PG) reports earnings on 1/23/24 before the open.

Verizon (VZ) reports earnings on 1/23/24 before the open.

Microsoft (MSFT) reports earnings on 1/23/24 after the close.

Visa (V) reports earnings on 1/23/24 after the close.

Boeing (BA) reports earnings on 1/24/24 before the open.

IBM (IBM) reports earnings on 1/24/24 after the close.

Dow (DOW) reports earnings on 1/25/24 before the open.

Intel (INTC) reports earnings on 1/25/24 after the close.

Chevron (CVX) reports earnings on 1/26/24 before the open.

American Express (AXP) reports earnings on 1/26/24 before the open.

Amgen (AMGN) reports earnings on 1/30/24 before the open.

Caterpillar (CAT) reports earnings on 1/30/24 before the open.

McDonald’s (MCD) reports earnings on 1/30/24 before the open.

Honeywell (HON) reports earnings on 2/1/24 before the open.

Merck (MRK) reports earnings on 2/1/24 before the open.

Apple (AAPL) reports earnings on 2/1/24 after the close.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) 48.05 (-0.83%) is down -4.38% in 2024.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.76%
07:00 AM ET MBA Mortgage Applications (WoW), -10.7%
07:00 AM ET MBA Purchase Index, 140.7
07:00 AM ET Mortgage Market Index, 173.5
07:00 AM ET Mortgage Refinance Index, 358.2
10:00 AM ET Thomson Reuters IPSOS PCSI (Jan), 51.08
10:00 AM ET Wholesale Inventories (MoM) (Nov), -0.2%, -0.4%
10:00 AM ET Wholesale Trade Sales (MoM) (Nov), -1.3%
10:30 AM ET Crude Oil Inventories, -1.200M, -5.503M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.121M
10:30 AM ET Crude Oil Imports, -0.758M
10:30 AM ET Cushing Crude Oil Inventories, 0.706M
10:30 AM ET Distillate Fuel Production, 0.115M
10:30 AM ET EIA Weekly Distillates Stocks, 4.000M, 10.090M
10:30 AM ET Gasoline Production, -1.275M
10:30 AM ET Heating Oil Stockpiles, -0.433M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 0.2%
10:30 AM ET Gasoline Inventories, 4.000M, 10.900M
13:00 PM ET 10-Year Note Auction, 4.296%
13:00 PM ET Atlanta Fed GDPNow (Q4)
15:15 PM ET FOMC Member Williams Speaks

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