There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to be up +212 points.
Friday the Dow closed up +211.02 (+0.56%) at 37,986.40.
Year-to-date the Dow is up +0.79%.
Friday, (21) Dow stocks were up, none made 52-week lows and none made 52-week highs.
The Dow stock winners Friday were led by American Express (AXP) 231.04 (+6.23%), JPMorgan (JPM) 185.80 (+2.51%) and Amgen (AMGN) 268.93 (+2.35%).
The Dow stock losers Friday were led by Amazon (AMZN) 174.63 (-2.56%), Intel (INTC) 34.20 (-2.40%) and Microsoft (MSFT) 399.12 (-1.27%).
The VIX closed Friday at 18.71 (+3.94%) and the 10 YR at 4.616 (-0.0%). The VIX is currently at 18.14 (-3.05%). The 10YR is at 4.633 (+0.48%).
It’s a big earnings week for Dow components with eleven companies reporting. See earnings section below.
Verizon (VZ) traded +1.5% higher as earnings per share topped expectations and full-year guidance was affirmed. Verizon surpassed earnings estimates in the first quarter, reporting $1.15 per share excluding items compared to an estimate from analysts that forecast $1.12. Verizon’s first-quarter revenue of $33 billion was slightly below estimates that called for $33.32 billion.
The Dow closed last week up +0.01%.
U.S. futures are higher, European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is up two-tenths of a cent at $3.675 per gallon.
Earnings Reports
Nike (NKE) reported earnings on 3/21/24 after the market close with $0.98, beating estimates of $0.691 per share.
JPMorgan (JPM) reported earnings on 4/12/24 before the market open with $4.44, beating estimates of $4.184 per share.
Goldman Sachs (GS) reported earnings on 4/15/24 before the market open with $6.91, beating estimates of $6.633 per share.
Johnson & Johnson (JNJ) reported earnings on 4/16/24 before the market open with $2.71, beating estimates of $2.639 per share.
UnitedHealth (UNH) reported earnings on 4/16/24 before the market open with $6.91, beating estimates of $6.633 per share.
Travelers (TRV) reported earnings on 4/17/24 before the market open with $4.69, beating estimates of $4.746 per share.
American Express (AXP) reported earnings on 4/19/24 before the market open with $3.33, beating estimates of $2.965 per share.
Procter & Gamble (PG) reported earnings on 4/19/24 before the market open with $1.52, beating estimates of $1.418 per share.
Verizon (VZ) reported earnings on 4/22/24 before the market open with $1.15, beating estimates of $1.12 per share.
Visa (V) reports earnings on 4/23/24 after the market close.
Boeing (BA) reports earnings on 4/24/24 before the market open.
IBM (IBM) reports earnings on 4/24/24 after the market close.
Caterpillar (CAT) reports earnings on 4/25/24 before the market open.
Dow (DOW) reports earnings on 4/25/24 before the market open.
Honeywell (HON) reports earnings on 4/25/24 before the market open.
Merck (MRK) reports earnings on 4/25/24 before the market open.
Intel (INTC) reports earnings on 4/25/24 after the market close.
Microsoft (MSFT) reports earnings on 4/25/24 after the market close.
Amazon (AMZN) reports earnings on 4/25/24 after the market close.
Chevron (CVX) reports earnings on 4/26/24 before the market open.
3M (MMM) reports earnings on 4/30/24 before the market open.
Coca Cola (KO) reports earnings on 4/30/24 before the market open.
McDonald’s (MCD) reports earnings on 4/30/24 before the market open.
Amgen (AMGN) reports earnings on 5/2/24 after the market close.
Apple (AAPL) reports earnings on 5/2/24 after the market close.
Disney (DIS) reports earnings on 5/7/24 before the market open.
Home Depot (HD) reports earnings on 5/14/24 before the market open.
Today’s Featured Dow Stock
Travelers (TRV) 214.07 (+1.73%) is up +12.38% in 2024.
Financial Calendar
08:30 AM ET Chicago Fed National Activity (Mar), 0.05
11:30 AM ET 3-Month Bill Auction, 5.250%
11:30 AM ET 6-Month Bill Auction, 5.155%

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