Dow stocks hitting 52-week highs include Apple (AAPL) 234.41 (+1.68%), JPMorgan (JPM) 210.05 (+2.49%), Goldman Sachs (GS) 492.23 (+2.57%) and American Express (AXP) 244.00 (+2.25%). Dow stock 52-week lows include Nike (NKE) 71.31 (-2.87%).

The Market

Premarket today, the Dow was indicated to be up +164 points.

Monday the Dow closed up +210.82 (+0.53%) at 40,211.72.

Year-to-date the Dow is up +6.69%.

Monday, (16) Dow stocks were up, (1) made 52-week lows and (4) made 52-week highs.

The Dow stock winners Monday were led by Caterpillar (CAT) 345.77 (+3.03%), Goldman Sachs (GS) 492.23 (+2.57%) and JPMorgan (JPM) 210.05 (+2.49%).

The Dow stock losers Friday were led by Nike (NKE) 71.31 (-2.87%), Boeing (BA) 179.11 (-1.78%) and Verizon (VZ) 40.79 (-1.54%).

The VIX closed Monday at 13.12 (+5.30%) and the 10 YR at 4.226 (+1.00%). The VIX is currently at 13.10 (-0.15%). The 10YR is at 4.195 (-0.69%).

Retail sales data released Tuesday morning came in strong than economists forecasted. Sales were little changed in June, while economists polled by Dow Jones forecasted a decline 0f 0.4%. Excluding autos, sales rose 0.4%, a larger gain than the 0.1% consensus forecast.

UnitedHealth (UNH) rose slightly after the release of better-than-expected results for the second quarter. The health insurance giant earned $6.80 per share, excluding certain items, on revenue of $98.86 billion. Analysts expected a profit of $6.66 per share on revenue of $98.84 billion.

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

The national average price of gasoline is down six-tenths of a cent at $3.538 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) reported earnings on 7/12/24 before the market open with $6.12, beating estimates for $4.192 per share.

Goldman Sachs (GS) reports earnings on 7/15/24 before the market open with $8.62, beating estimates for $8.522 per share.

UnitedHealth (UNH) reports earnings on 7/16/24 before the market open with $6.80, beating estimates for $6.646 per share.

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.

Amgen (AMGN) reports earnings on 8/6/24 after the market close.

Disney (DIS) reports earnings on 8/7/24 before the market open.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) 71.31 (-2.87%) is down -34.32% in 2024.

Financial Calendar

08:30 AM ET Core Retail Sales (MoM) (Jun), 0.1%, -0.1%
08:30 AM ET Export Price Index (MoM) (Jun), -0.6%
08:30 AM ET Export Price Index (YoY), 0.6%
08:30 AM ET Import Price Index (MoM) (Jun), 0.2%, -0.4%
08:30 AM ET Import Price Index (YoY), 1.1%
08:30 AM ET Retail Control (MoM) (Jun), 0.4%
08:30 AM ET Retail Sales (YoY) (Jun), 2.27%
08:30 AM ET Retail Sales (MoM) (Jun), -0.2%, 0.1%
08:30 AM ET Retail Sales Ex Gas/Autos (MoM) (Jun), 0.1%
08:55 AM ET Redbook (YoY), 6.3%
10:00 AM ET Business Inventories (MoM) (May), 0.4%, 0.3%
10:00 AM ET NAHB Housing Market Index (Jul), 43, 43
10:00 AM ET Retail Inventories Ex Auto (May), 0.0%, 0.3%
12:00 PM ET Atlanta Fed GDPNow (Q2), 2.0%, 2.0%
14:45 PM ET FOMC Member Kugler Speaks
16:30 PM ET API Weekly Crude Oil Stock, -1.923M