Dow stocks hitting 52-week highs include Coca Cola (KO) 64.96 (+0.29%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -199 points.

Tuesday the Dow closed down -57.35 (-0.14%) at 40,358.09.

Year-to-date the Dow is up +7.08%.

Tuesday, (12) Dow stocks were up, none made 52-week lows and (1) made 52-week highs.

The Dow stock winners Tuesday were Boeing (BA) 186.48 (+4.24%), Amazon (AMZN) 186.41 (+2.11%) and Travelers (TRV) 208.53 (+1.51%).

The Dow stock losers Tuesday were led by Disney (DIS) 90.94 (-3.39%), McDonald’s (MCD) 254.05 (-2.12%) and Nike (NKE) 73.40 (-1.95%).

The VIX closed Tuesday at 14.72 (-1.27%) and the 10 YR at 4.248 (+0.26%). The VIX is currently at 15.48 (+5.16%). The 10YR is at 4.212 (-0.59%).

Visa (V) shares slipped more than 2% after the company posted a revenue miss in its fiscal third quarter. Visa reported $8.9 billion in revenue, which came in slightly below the $8.92 billion forecast by analysts. Meanwhile, payments volume rose 7% in the quarter.

Looks like a decline is in store for the markets today.

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

The national average price of gasoline is up 1.1 cents at $3.513 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) reported earnings on 7/16/24 before the market open with $6.80, beating estimates for $6.646 per share.

Johnson & Johnson (JNJ) reported earnings on 7/17/24 before the market open with $2.82, beating estimates for $2.71 per share.

American Express (AXP) reported earnings on 7/19/24 before the market open with $3.49, beating estimates for $3.24 per share.

Travelers (TRV) reported earnings on 7/19/24 before the market open with $2.51, beating estimates for $2.224 per share.

Verizon (VZ) reported earnings on 7/22/24 before the market open with $1.15, beating estimates for $1.141 per share.

Coca Cola (KO) reported earnings on 7/23/24 before the market open with $0.84, beating estimates for $0.802 per share.

Visa (V) reported earnings on 7/23/24 after the market close with $2.42, beating estimates for $2.411 per share.

IBM (IBM) reported earnings on 7/24/24 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.

Intel (INTC) 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

Walmart (WMT)

Walmart (WMT) 70.65 (+0.38%) is up +34.44% in 2024.

Financial Calendar

04:05 AM ET Fed Logan Speaks
07:00 AM ET MBA 30-Year Mortgage Rate, 6.87%
07:00 AM ET MBA Mortgage Applications (WoW), 3.9%
07:00 AM ET MBA Purchase Index, 140.4
07:00 AM ET Mortgage Market Index, 214.1
07:00 AM ET Mortgage Refinance Index, 613.0
08:30 AM ET Building Permits (MoM), 3.4%, -2.8%
08:30 AM ET Building Permits, 1.446M, 1.399M
08:30 AM ET Goods Trade Balance (Jun), -98.90B, -99.37B
08:30 AM ET Retail Inventories Ex Auto (Jun)
08:30 AM ET Wholesale Inventories (MoM), 0.4%, 0.6%
09:45 AM ET S&P Global US Manufacturing PMI (Jul), 51.6, 51.6
09:45 AM ET S&P Global Composite PMI (Jul), 54.8
09:45 AM ET S&P Global Services PMI (Jul), 54.7, 55.3
10:00 AM ET New Home Sales (Jun), 639K, 619K
10:00 AM ET New Home Sales (MoM) (Jun), -11.3%
10:30 AM ET Crude Oil Inventories, 0.700M, -4.870M
10:30 AM ET EIA Refinery Crude Runs (WoW), -0.181M
10:30 AM ET Crude Oil Imports, 0.312M
10:30 AM ET Cushing Crude Oil Inventories, -0.875M
10:30 AM ET Distillate Fuel Production, 0.101M
10:30 AM ET EIA Weekly Distillates Stocks, 3.454M
10:30 AM ET Gasoline Production, -0.751M
10:30 AM ET Heating Oil Stockpiles, 0.252M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), -1.7%
10:30 AM ET Gasoline Inventories, 3.328M
12:00 PM ET Atlanta Fed GDPNow (Q2), 2.7%, 2.7%
13:00 PM ET 5-Year Note Auction, 4.331%
16:05 PM ET Fed Logan Speaks
16:05 PM ET FOMC Member Bowman Speaks