There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -524 points.

Monday the Dow closed down -55.39 (-0.13%) at 43,389.60.

Year-to-date the Dow is up +15.12%.

Monday, (11) Dow stocks were up, (2) made 52-week lows, and none made 52-week highs.

The Dow stock winners Monday were led by Disney (DIS) 115.08 (+5.46%), Verizon (VZ) 41.65 (+1.91%) and Travelers (TRV) 260.82 (+1.68%).

The Dow stock losers Monday were led by Amazon (AMZN) 202.61 (-4.19%), Amgen (AMGN) 283.61 (-4.16%) and Nvidia (NVDA) 141.98 (-3.26%).

The VIX closed Monday at 16.14 (+12.79%) and the 10 YR at 4.438 (-0.02%). The VIX is currently at 16.98 (+8.99%). The 10YR is at 4.365 (-1.11%).

Walmart (WMT) increased its full-year outlook on Tuesday as it beat Wall Street’s third-quarter earnings expectations. The nation’s largest retailer now expects full-year net sales growth between 4.8% and 5.1%, up from its previous forecast for growth between 3.75% and 4.75%. Customers visited both stores and the website more than the year-ago quarter, and tended to spend more when they did, as U.S. transactions rose 3.1% and the average ticket increased by 2.1%. Walmart posted adjusted earning of 58 cents on $169.59 billion in revenue. That surpassed the EPS of 53 cents and $167.72 billion expected by analysts. Walmart rose 4% before the bell.

Russian President Vladimir Putin warned the U.S. on Tuesday that the threshold for the use of nuclear weapons had lowered. Under the new doctrine, Russia would consider using such weaponry if it — or allies — were met with “with the use of conventional weapons that created a critical threat to their sovereignty and (or) their territorial integrity.” The new stance comes after President Joe Biden allowed Ukraine to use U.S. weapons to strike inside Russia.

New housing data missed expectations in October as surging mortgage rates coincided with a decline in activity, the Census Bureau reported Tuesday. Privately owned new construction totaled a seasonally adjusted annual rate of 1.31 million units, down 3.1% from September and below the Dow Jones estimate for 1.34 million. The total also was 4% below October 2023. On building permits, the total of 1.42 million represented a 0.6% monthly decline and missed the forecast for 1.43 million. Permits declined 7.7% from a year ago.

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

The national average price of gasoline is down eight-tenths of a cent at $3.063 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 with $0.91, beating estimates for $0.706 per share.

Disney (DIS) reported earnings on 11/14/24 before the market open with $1.14, beating estimates for $1.09 per share.

Walmart (WMT) reported earnings on 11/19/24 before the market open with $0.58, beating estimates for $0.531 per share.

Salesforce (CRM) reports earnings on 12/3/24 after the market close.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) 415.76%) is up +10.56% in 2024.

Financial Calendar

08:30 AM ET Building Permits (Oct), 1.416M, 1.440M, 1.425M
08:30 AM ET Building Permits (MoM) (Oct), -0.6%, -3.1%
08:30 AM ET Housing Starts (Oct), 1.311M, 1.340M, 1.353M
08:30 AM ET Housing Starts (MoM) (Oct), -3.1%, -1.9%
08:55 AM ET Redbook (YoY), 5.1%, 4.8%
11:30 AM ET Atlanta Fed GDPNow (Q4), 2.5%, 2.5%
13:10 PM ET Fed Schmid Speaks
16:30 PM ET API Weekly Crude Oil Stock, 0.800M, -0.777M