DJIA Market Happenings For Friday, February 9, 2024 – Cisco (CSCO) 49.95 Down -1.12% YTD

Dow stocks hitting 52-week highs include American Express (AXP) 211.21 (+1.02%), Salesforce (CRM) 291.95 (+1.08%), Home Depot (HD) 363.72 (+0.28%) and Microsoft (MSFT) 414.11 (+0.01%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +51 points.

Thursday the Dow closed up +48.97 (+0.13%) at 38,726.33.

Year-to-date the Dow is up +2.75%.

Thursday, (10) Dow stocks were up, none made 52-week lows and (4) made 52-week highs.

The Dow stock winners Thursday were led by Disney (DIS) 110.54 (+11.50%), McDonald’s (MCD) 291.93 (+1.60%) and Chevron (CVX) 154.06 (+1.27%).

The Dow stock losers Thursday were led by Boeing (BA) 209.22 (-1.24%), Verizon (VZ) 39.91 (-1.26%) and Walgreens (WBA) 22.54 (-1.18%).

The VIX closed Thursday at 12.79 (-0.31%) and the 10 YR at 4.147 (-0.50%). The VIX is currently at 12.86 (+0.55%). The 10YR is at 4.165 (-0.07%).

Dow futures are up this morning.

The government revised lower its December consumer price index to just a 0.2% increase, down from a 0.3% increase first reported. Core inflation figures, excluding food and energy, were the same. Treasury yields traded lower following the release of the revised figures. January’s CPI figures are due next week.

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

The national average price of gasoline is up 1.3 cents at $3.166 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.

JPMorgan (JPM) reported earnings on 1/12/24 before the open with $3.04, missing estimates of $3.726 per share.

UnitedHealth (UNH) reported earnings on 1/12/24 before the open with $6.16, beating estimates of $5.978 per share.

Goldman Sachs (GS) reported earnings on 1/16/24 before the open with $5.48, beating estimates of $3.51 per share.

Travelers (TRV) reported earnings on 1/19/24 before the open with $7.01, beating estimates of $5.038per share.

3M (MMM) reported earnings on 1/23/24 before the open with $2.42, beating estimates of $2.309 per share.

Johnson & Johnson (JNJ) reported earnings on 1/23/24 before the open with $2.29, beating estimates of $2.268 per share.

Procter & Gamble (PG) reported earnings on 1/23/24 before the open with $1.84, beating estimates of $1.703 per share.

Verizon (VZ) reported earnings on 1/23/24 before the open with $1.08, beating estimates of $1.073 per share.

IBM (IBM) reported earnings on 1/24/24 after the close with $3.87, beating estimates of $3.776 per share.

Dow (DOW) reported earnings on 1/25/24 before the open with $0.43, beating estimates of $0.397 per share.

Intel (INTC) reports earnings on 1/25/24 after the close with $0.54, beating estimates of $0.267 per share.

Visa (V) reports earnings on 1/25/24 after the close with $2.41, beating estimates of $2.334 per share.

American Express (AXP) reports earnings on 1/26/24 before the open with $2.62, beating estimates of $2.648 per share.

Microsoft (MSFT) reports earnings on 1/30/24 after the close with $2.93, beating estimates of $2.756 per share.

Boeing (BA) reports earnings on 1/31/24 before the open with -$0.47, beating estimates of $0.76 per share.

Honeywell (HON) reported earnings on 2/1/24 before the open with $2.60, beating estimates of $2.597 per share.

Merck (MRK) reported earnings on 2/1/24 before the open with $0.03, beating estimates of -$0.094 per share.

Apple (AAPL) reported earnings on 2/1/24 after the close with $2.18, beating estimates of $2.089 per share.

Chevron (CVX) reported earnings on 2/2/24 before the open with $3.45, beating estimates of $3.285 per share.

Caterpillar (CAT) reported earnings on 2/5/24 before the open with $5.23, beating estimates of $4.763 per share.

McDonald’s (MCD) reported earnings on 2/5/24 before the open with $2.95, beating estimates of $2.807 per share.

Amgen (AMGN) reported earnings on 2/6/24 after the close with $4.71, beating estimates of $4.656 per share.

Disney (DIS) reported earnings on 2/7/24 after the close with $1.22, beating estimates of $0.973 per share.

Coca Cola (KO) reports earnings on 2/13/24 before the open.

Cisco (CSCO) reports earnings on 2/14/24 after the close.

Home Depot (HD) reports earnings on 2/20/24 before the open.

Walmart (WMT) reports earnings on 2/20/24 before the open.

Salesforce (CRM) reports earnings on 2/28/24 after the close.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) 49.95 (+0.36%) is down -1.12% in 2024.

Financial Calendar

13:00 PM ET U.S. Baker Hughes Oil Rig Count, 499
13:00 PM ET U.S. Baker Hughes Total Rig Count, 619
15:30 PM ET CFTC Aluminium speculative net positions, 3.9K
15:30 PM ET CFTC Copper speculative net positions, -8.6K
15:30 PM ET CFTC Corn speculative net positions, -224.8K
15:30 PM ET CFTC Crude Oil speculative net positions, 196.7K
15:30 PM ET CFTC Gold speculative net positions, 147.8K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, 39.3K
15:30 PM ET CFTC Natural Gas speculative net positions, -103.2K
15:30 PM ET CFTC S&P 500 speculative net positions, -226.0K
15:30 PM ET CFTC Silver speculative net positions, 21.4K
15:30 PM ET CFTC Soybeans speculative net positions, -140.6K
15:30 PM ET CFTC Wheat speculative net positions, -36.5K

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