The Dow Market Happenings For Tuesday, May 4, 2021


Dow stocks hitting 52 week highs include American Express (AXP), Home Depot (HD), McDonald’s (MCD) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -153 points.

Monday the Dow was up +238.38 (+0.70%) at 34,113.23.

Year-to-date the Dow is up +11.46%.

There were 23 Dow stocks up Monday.

The Dow stock winners Monday were led by Dow (DOW) 64.55 (+3.28%), Amgen (AMGN) 245.38 (+2.40%) and Chevron (CVX) 105.53 (+2.39%).

The Dow stock losers Monday were led by Salesforce (CRM) 223.76 (-2.85%), Intel (INTC) 57.26 (-0.47%) and Visa (V) 232.61 (-0.41%).

The FDA is set to amend by early next week its existing emergency use authorization for the Pfizer vaccine to include adolescents aged 12-15. The vaccine has currently been cleared for people 16 and up.

Pfizer said Tuesday, that it plans to file at the end of this month for full U.S. approval of its Covid vaccine, which was developed in an alliance with German drugmaker BioNTech.

European stocks are mostly lower and Asian markets ended mostly lower.

The national average price of gasoline is up eight-tenths of a cent at $2.913 per gallon.

Earnings Reports

Disney (DIS) reports earnings on 5/13/2021 after the market close.

Today’s Featured Dow Stock

American Express (AXP)

American Express (AXP) 154.80 (+0.95%) is up +14.74% in 2021.

Financial Calendar

8:30 AM ET International Trade in Goods and Services

8:55 AM ET Redbook

10:00 AM ET Factory Orders

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

DJIA Market Happenings For Monday, May 3, 2021

Dow stocks hitting 52 week highs include McDonald’s (MCD). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +180 points.

Friday the Dow was down -185.51 (-0.54%) at 33,874.85.

Year-to-date the Dow is up +11.28%.

There were 9 Dow stocks up Friday.

The Dow stock winners Friday were led by Amgen (AMGN) 239.64 (+2.10%), Merck (MRK) 74.50 (+1.11%) and Verizon (VZ) 57.79 (+0.82%).

The Dow stock losers Friday were led by Chevron (CVX) 103.07 (-3.58%), Dow (DOW) 62.50 (-2.44%) and Salesforce (CRM) 230.32 (-1.72%).

Verizon (VZ) will sell its media group to private equity firm Apollo Global Management for $5 billion, the companies announced Monday. The sale allows Verizon to offload properties from the former internet empires of AOL and Yahoo. Verizon will keep a 10% stake in the assets, which will be rebranded to just Yahoo. Verizon bought AOL in 2015 for $4.4 billion and Yahoo in 2017 for $4.5 billion. The sale by Verizon will see the online media brands under the former Yahoo and AOL umbrellas, such as TechCrunch, Yahoo Finance and Engadget, go to Apollo.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is up three-tenths of a cent at $2.904 per gallon.

Earnings Reports

Disney (DIS) reports earnings on 5/13/2021 after the market close.

Today’s Featured Dow Stock

Amgen (AMGN)

Amgen (AMGN) 239.64 (+2.10%) is up +4.23% in 2021.

Financial Calendar

9:45 AM ET PMI Manufacturing Final

10:00 AM ET ISM Manufacturing Index

10:00 AM ET Construction Spending

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

The Dow Market Happenings For Friday, April 30, 2021

Dow stocks hitting 52 week highs include American Express (AXP), IBM (IBM), McDonald’s (MCD), UnitedHealth (UNH) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -171 points.

Thursday the Dow was up +239.98 (+0.71%) at 34,060.36.

Year-to-date the Dow is up +11.28%.

There were 24 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Nike (NKE) 133.26 (+1.95%), JPMorgan (JPM) 155.19 (+1.94%) and UnitedHealth (UNH)401.55 (+1.76%).

The Dow stock losers Thursday were led by Merck (MRK) 73.68 (-4.42%), Caterpillar (CAT) 227.47 (-2.08%) and Salesforce (CRM) 234.36 (-1.06%).

Today the government said March personal income rose 21%, boosted by the latest round of Covid stimulus checks. Income was basically in-line with estimates.

Chevron (CVX) fell about 2% in Friday’s premarket after reporting a first-quarter adjusted per share earnings decline of over 30% to 90 cents. The earnings drop pretty much matched estimates, but its revenue of $32.03 billion beat expectations. Chevron’s earnings sank on winter storm production losses, weaker margins and the absence of asset and tax items that benefited year-earlier profit.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is up six-tenths of a cent at $2.895 per gallon.

Earnings Reports

Goldman Sachs (GS) reported earnings on 4/14/2021 before the market open of $18.60, beating estimates of $9.79 per share.

JPMorgan (JPM) reported earnings on 4/14/2021 before the market open of $4.50, beating estimates of $3.046 per share.

UnitedHealth (UNH) reported earnings on 4/15/2021 before the market open of $5.31, beating estimates of $4.423 per share.

Coca Cola (KO) reported earnings on 4/19/2021 before the market open of $0.55, beating estimates of $0.497 per share.

IBM (IBM) reported earnings on 4/19/2021 after the market close of $1.77, beating estimates of $1.668 per share.

Johnson & Johnson (JNJ) reported earnings on 4/20/2021 before the market open of $2.69, beating estimates of $2.31 per share.

Procter & Gamble (PG) reported earnings on 4/20/2021 before the market open of $1.26, beating estimates of $1.184 per share.

Travelers (TRV) reported earnings on 4/20/2021 before the market open of $2.73, beating estimates of $2.443 per share.

Verizon (VZ) reported earnings on 4/21/2021 before the market open of $1.31, beating estimates of $1.287 per share.

Dow (DOW) reported earnings on 4/22/2021 before the market open of $1.36, beating estimates of $1.103 per share.

Intel (INTC) reported earnings on 4/22/2021 after the market close of $1.39, beating estimates of $1.151 per share.

American Express (AXP) reported earnings on 4/23/2021 before the market open of $2.74, beating estimates of $1.678 per share.

Honeywell (HON) reported earnings on 4/23/2021 before the market open $2.03, beating estimates of $1.803 per share.

3M (MMM) reported earnings on 4/27/2021 before the market open of $2.77, beating estimates of $2.252 per share.

Amgen (AMGN) reported earnings on 4/27/2021 after the market close $3.70, missing estimates of $4.003 per share.

Microsoft (MSFT) reported earnings on 4/27/2021 after the market close $1.95, beating estimates of $1.756 per share.

Visa (V) reported earnings on 4/27/2021 after the market close of $1.38, beating estimates of $1.264 per share.

Boeing (BA) reported earnings on 4/28/2021 before the market open of -$1.53, missing estimates calling for -$1.167 per share.

Apple (AAPL) reported earnings on 4/28/2021 after the market close of $1.40, beating estimates of $0.998 per share.

Caterpillar (CAT) reported earnings on 4/29/2021 before the market open of $2.87, beating estimates of $1.926 per share.

McDonald’s (MCD) reported earnings on 4/29/2021 before the market open of $2.05, beating estimates of $1.811 per share.

Merck (MRK) reported earnings on 4/29/2021 before the market open of $1.40, missing estimates of $1.628 per share.

Chevron (CVX) reported earnings on 4/30/2021 before the market open of $0.90, missing estimates of $0.916 per share.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) 133.48 (-0.07%) is down -0.60% in 2021.

Financial Calendar

8:30 AM ET Employment Cost Index

8:30 AM ET Personal Income and Outlays

9:45 AM ET Chicago PMI

10:00 AM ET Consumer Sentiment

1:00 PM ET Baker Hughes Rig Count

3:00 PM ET Farm Prices

8:30 AM ET Employment Cost Index

8:30 AM ET Personal Income and Outlays

9:45 AM ET Chicago PMI

10:00 AM ET Consumer Sentiment

1:00 PM ET Baker Hughes Rig Count

3:00 PM ET Farm Prices