Dow stocks hitting 52-week highs include Honeywell (HON) 233.91 (+3.85%) and Salesforce (CRM) 341.15 (-0.17%). Dow stock 52-week lows include Boeing (BA) 145.17 (-2.54%) and Merck (MRK) 98.58 (-2.13%).

The Market

Premarket today, the Dow was indicated to be up +25 points.

Tuesday the Dow closed down -382.15 (-0.86%) at 43,910.98.

Year-to-date the Dow is up +16.51%.

Tuesday, (9) Dow stocks were up, (2) made 52-week lows, and (2) made 52-week highs.

The Dow stock winners Tuesday were led by Honeywell (HON) 233.91 (+3.85%), Nvidia (NVDA) 148.29 (+2.09%) and Microsoft (MSFT) 423.03 (+1.20%).

The Dow stock losers Tuesday were led by AMgen (AMGN) 198.84 (-7.14%), Boeing (BA) 145.17 (-2.54%) and Merck (MRK) 98.58 (-2.13%).

The VIX closed Tuesday at 14.74 (-1.74%) and the 10 YR at 4.424 (-0.09%). The VIX is currently at 14.73 (+0.14%). The 10YR is at 4.369 (-1.33%).

The consumer price index increased 0.2% in October, taking the 12-month inflation rate up to 2.6%. Both numbers were in line with expectations. The core CPI accelerated 0.3% for the month and was at 3.3% annually, also meeting forecasts. Despite signs of inflation moderating elsewhere, shelter prices continued to be a major contributor to the CPI move. Inflation-adjusted average hourly earnings for workers increased 0.1% for the month and 1.4% from a year ago.

Nothing else happening today with Dow stocks.

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

The national average price of gasoline is down six-tenths of a cent at $3.084 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 10/1/24 after the market close with $0.70, beating estimates for $0.514 per share.

JPMorgan (JPM) reported earnings on 10/11/24 before the market open with $4.37, beating estimates of $4.01 per share.

Goldman Sachs (GS) reported earnings on 10/15/24 before the market open with $8.40, beating estimates of $6.89 per share.

Johnson & Johnson (JNJ) reported earnings on 10/15/24 before the market open with $2.41, beating estimates for $2.217 per share.

UnitedHealth (UNH) reported earnings on 10/15/24 before the market open with $7.15, beating estimates for $7.015 per share.

Travelers (TRV) reported earnings on 10/17/24 before the market open with $5.24, beating estimates for $3.794 per share.

American Express (AXP) reports earnings on 10/18/24 before the market open with $3.49, beating estimates for $3.266 per share.

Procter & Gamble (PG) reports earnings on 10/18/24 before the market open with $1.93, beating estimates for $1.898 per share.

3M (MMM) reported earnings on 10/22/24 before the market open with $1.98, beating estimates for $1.93 per share.

Verizon (VZ) reported earnings on 10/22/24 before the market open with $1.19, beating estimates for $1.181 per share.

Boeing (BA) reported earnings on 10/23/24 before the market open with -$10.44, missing estimates for -$10.337 per share.

Coca Cola (KO) reported earnings on 10/23/24 before the market open with $0.77, beating estimates for $0.743 per share.

IBM (IBM) reported earnings on 10/23/24 after the market close with $2.30, beating estimates for $2.265 per share.

Dow (DOW) reported earnings on 10/24/24 before the market open with $0.47, beating estimates for $0.464 per share.

Honeywell (HON) reported earnings on 10/24/24 before the market open with $2.58, beating estimates for $2.501 per share.

McDonald’s (MCD) reported earnings on 10/29/24 before the market open with $3.23, beating estimates for $3.181 per share.

Visa (V) reported earnings on 10/29/24 after the market close with $2.71, beating estimates for $2.581 per share.

Caterpillar (CAT) reported earnings on 11/05/24 before the market open with $5.17, missing estimates for $5.33 per share.

Amgen (AMGN) reports earnings on 10/30/24 after the market close with $5.58, beating estimates for $5.109 per share.

Microsoft (MSFT) reported earnings on 10/30/24 after the market close with $3.30, beating estimates for $3.083 per share.

Merck (MRK) reported earnings on 10/31/24 before the market open with $1.57, beating estimates for $1.504 per share.

Intel (INTC) reported earnings on 10/31/24 after the market close with -$0.46, missing estimates for -$0.205 per share.

Amazon (AMZN) reported earnings on 10/31/24 after the market close with $1.43, beating estimates for $1.144 per share.

Apple (AAPL) reported earnings on 10/31/24 after the market close with $1.64, beating estimates for $1.49 per share.

Chevron (CVX) reported earnings on 11/01/24 before the market open with $2.51, beating estimates for $2.47 per share.

Home Depot (HD) reported earnings on 11/12/24 before the market open with $3.78, beating estimates for $3.643 per share.

Cisco (CSCO) reports earnings on 11/13/24 after the market close.

Disney (DIS) reports earnings on 11/14/24 before the market open.

Walmart (WMT) reports earnings on 11/19/24 before the market open.

Today’s Featured Dow Stock

Coca Cola (KO)

Coca Cola (KO) 63.20 (-0.25%) is up +7.25% in 2024.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.81%
07:00 AM ET MBA Mortgage Applications (WoW), -10.8%
07:00 AM ET MBA Purchase Index, 130.8
07:00 AM ET Mortgage Market Index, 191.4
07:00 AM ET Mortgage Refinance Index, 513.5
08:30 AM ET Core CPI (MoM) (Oct), 0.3%, 0.3%
08:30 AM ET Core CPI (YoY) (Oct), 3.3%, 3.3%
08:30 AM ET Core CPI Index (Oct), 320.77
08:30 AM ET CPI (YoY) (Oct), 2.6%, 2.4%
08:30 AM ET CPI (MoM) (Oct), 0.2%, 0.2%
08:30 AM ET CPI Index, n.s.a. (Oct), 315.59, 315.30
08:30 AM ET CPI Index, s.a (Oct), 314.69
08:30 AM ET CPI, n.s.a (MoM) (Oct), 0.16%
08:30 AM ET FOMC Member Kashkari Speaks
08:30 AM ET Real Earnings (MoM) (Oct), -0.1%
08:55 AM ET Redbook (YoY), 6.0%
09:30 AM ET FOMC Member Williams Speaks
09:35 AM ET Fed Logan Speaks
11:00 AM ET Cleveland CPI (MoM) (Oct), 0.3%
11:00 AM ET Thomson Reuters IPSOS PCSI (Nov), 55.63
12:00 PM ET EIA Short-Term Energy Outlook
13:30 PM ET Fed Schmid Speaks
14:00 PM ET Federal Budget Balance (Oct), -226.4B, 64.0B
16:30 PM ET API Weekly Crude Oil Stock, 3.132M