The Dow Market Happenings For Tuesday, July 9, 2024 – Coca Cola (KO) 62.96 Up +6.84% YTD

Dow stocks hitting 52-week highs include Apple (AAPL) 227.82 (+0.65%), Amazon (AMZN) 199.29 (-0.36%) and Goldman Sachs (GS) 464.82 (+0.02%). Dow stock 52-week lows include Nike (NKE) 73.05 (-3.16%).

The Market

Premarket today, the Dow was indicated to be up +19 points.

Monday the Dow closed down -31.08 (-0.08%) at 39,344.79.

Year-to-date the Dow is up +4.39%.

Monday, (15) Dow stocks were up, (1) made 52-week lows and (3) made 52-week highs.

The Dow stock winners Monday were led by Intel (INTC) 33.99 (+6.15%), Home Depot (HD) 339.60 (+1.50%) and Travelers (TRV) 204.23 (+1.17%).

The Dow stock losers Monday were led by Nike (NKE) 73.05 (-3.16%), Salesforce (CRM) 257.37 (-2.21%) and Visa (V) 266.40 (-1.46%).

The VIX closed Monday at 12.37 (-0.88%) and the 10 YR at 4.272 (+0.21%). The VIX is currently at 12.60 (+0.96%). The 10YR is at 4.281 (+0.35%).

Federal Reserve Chair Jerome Powell will testify this week before Congress as part of his semiannual update on monetary policy. Powell will speak first to the Senate Banking Committee today, followed by an appearance Wednesday before the House Financial Services Committee.

Key inflation data is due out later this week with the June consumer price index on Thursday and the producer price index on Friday.

JPMorgan (JPM) reports earnings Friday.

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

The national average price of gasoline is up 1.3 cents at $3.519 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/27/24 after the market close with $1.01, beating estimates of $0.83 per share.

JPMorgan (JPM) reports earnings on 7/12/24 before the market open.

Goldman Sachs (GS) reports earnings on 7/15/24 before the market open.

UnitedHealth (UNH) reports earnings on 7/16/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/17/24 before the market open.

American Express (AXP) reports earnings on 7/19/24 before the market open.

Travelers (TRV) reports earnings on 7/19/24 before the market open.

Verizon (VZ) reports earnings on 7/22/24 before the market open.

Coca Cola (KO) reports earnings on 7/23/24 before the market open.

Visa (V) reports earnings on 7/23/24 after the market close.

IBM (IBM) reports earnings on 7/23/24 after the market close.

Intel (INTC) reports earnings on 7/25/24 after the market close.

Dow (DOW) reports earnings on 7/25/24 before the market open.

Honeywell (HON) reports earnings on 7/25/24 before the market open.

McDonald’s (MCD) reports earnings on 7/29/24 before the market open.

3M (MMM) reports earnings on 7/30/24 before the market open.

Caterpillar (CAT) reports earnings on 7/30/24 before the market open.

Merck (MRK) reports earnings on 7/30/24 before the market open.

Procter & Gamble (PG) reports earnings on 7/30/24 before the market open.

Microsoft (MSFT) reports earnings on 7/30/24 after the market close.

Boeing (BA) reports earnings on 7/31/24 before the market open.

Apple (AAPL) reports earnings on 8/1/24 after the market close.

Amazon (AMZN) reports earnings on 8/1/24 after the market close.

Chevron (CVX) reports earnings on 8/2/24 before the market open.

Today’s Featured Dow Stock

Coca Cola (KO)

Coca Cola (KO) 62.96 (-1.25%) is up +6.84% in 2024.

Financial Calendar

08:55 AM ET Redbook (YoY), 5.8%
09:15 AM ET Fed Vice Chair for Supervision Barr Speaks
10:00 AM ET Fed Chair Powell Testifies
10:00 AM ET Total Vehicle Sales, 15.80M, 15.90M
10:00 AM ET Treasury Secretary Yellen Speaks
11:30 AM ET 52-Week Bill Auction, 4.915%
12:00 PM ET EIA Short-Term Energy Outlook
13:00 PM ET 3-Year Note Auction, 4.659%
13:30 PM ET FOMC Member Bowman Speaks
16:30 PM ET API Weekly Crude Oil Stock, -9.163M

Both comments and pings are currently closed.

Comments are closed.