DJIA Market Happenings For Monday, May 20, 2024 – Intel (INTC) 31.83 Down -36.66% YTD

Dow stocks hitting 52-week highs include Goldman Sachs (GS) 467.72 (+0.69%), JPMorgan (JPM) 204.79 (+1.15%), and Walmart (WMT) 64.65 (+1.00%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -9 points.

Friday the Dow closed up +134.21 (+0.34%) at 40,003.59.

Year-to-date the Dow is up +6.14%.

Friday, (20) Dow stocks were up, none made 52-week lows and (3) made 52-week highs.

The Dow stock winners Friday were led by Caterpillar (CAT) 356.27 (+1.58%), JPMorgan (JPM) 204.79 (+1.15%) and Boeing (BA) 184.95 (+1.09%).

The Dow stock losers Friday were led by Amgen (AMGN) 312.47 (-0.71%), Intel (INTC) 31.83 (-0.62%) and Verizon (VZ) 40.06 (-0.47%).

The VIX closed Friday at 11.99 (-3.46%) and the 10 YR at 4.418 (+0.02%). The VIX is currently at 12.24 (+2.09%). The 10YR is at 4.442 (+0.57%).

So the Dow reaches 40,000. What’s next? Hopefully 41,000.

Apple (AAPL) shares slipped less than 1% after Reuters reported the technology giant is implementing aggressive discounts on its iPhones in China.

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

The national average price of gasoline is down one-tenth of a cent at $3.590 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) reported earnings on 4/23/24 after the market close with $2.51, beating estimates of $2.426 per share.

Boeing (BA) reported earnings on 4/24/24 before the market open with -$1.13, beating estimates of -$1.429 per share.

IBM (IBM) reported earnings on 4/24/24 after the market close with $1.68, beating estimates of $1.589 per share.

Caterpillar (CAT) reported earnings on 4/25/24 before the market open with $5.60, beating estimates of $5.118 per share.

Dow (DOW) reported earnings on 4/25/24 before the market open with $0.56, beating estimates of $0.473 per share.

Honeywell (HON) reported earnings on 4/25/24 before the market open with $2.25, beating estimates of $2.176 per share.

Merck (MRK) reported earnings on 4/25/24 before the market open with $2.07, beating estimates of $1.936 per share.

Intel (INTC) reported earnings on 4/25/24 after the market close with $0.18, beating estimates of -$0.035 per share.

Microsoft (MSFT) reported earnings on 4/25/24 after the market close with $2.94, beating estimates of $2.815 per share.

Chevron (CVX) reports earnings on 4/26/24 before the market open with $2.93, beating estimates of $2.837 per share.

3M (MMM) reported earnings on 4/30/24 before the market open with $2.39, beating estimates of $2.082 per share.

Coca Cola (KO) reported earnings on 4/30/24 before the market open with $0.74, beating estimates of $0.694 per share.

McDonald’s (MCD) reported earnings on 4/30/24 before the market open with $2.66, beating estimates of $2.712 per share.

Amazon (AMZN) reports earnings on 4/30/24 after the market close with $0.98, beating estimates of $0.809 per share.

Amgen (AMGN) reported earnings on 5/2/24 after the market close with $3.96, beating estimates of $3.756 per share.

Apple (AAPL) reported earnings on 5/2/24 after the market close with $1.53, beating estimates of $1.507 per share.

Disney (DIS) reported earnings on 5/7/24 before the market open with $1.21, beating estimates of $1.117 per share.

Home Depot (HD) reported earnings on 5/14/24 before the market open with $3.63, beating estimates of $3.611 per share.

Cisco (CSCO) reported earnings on 5/15/24 after the market close with $0.88, beating estimates of $0.699 per share.

Walmart (WMT) reported earnings on 5/16/24 before the market open with $0.60, beating estimates of $0.523 per share.

Salesforce (CRM) reports earnings on 5/29/24 after the market close.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) 31.83 (-0.62%) is down -36.66% in 2024.

Financial Calendar

08:45 AM ET FOMC Member Bostic Speaks
09:00 AM ET Fed Vice Chair for Supervision Barr Speaks
09:00 AM ET Fed Waller Speaks
10:30 AM ET Fed Governor Jefferson Speaks
11:30 AM ET 3-Month Bill Auction, 5.250%
11:30 AM ET 6-Month Bill Auction, 5.165%
14:00 PM ET FOMC Member Mester Speaks
19:00 PM ET FOMC Member Bostic Speaks

Both comments and pings are currently closed.

Comments are closed.