DJIA Market Happenings For Tuesday, April 16, 2024 – Merck (MRK) 126.19 Up +15.75% YTD

There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Boeing (BA) 167.82 (-1.02%).

The Market

Premarket today, the Dow was indicated to be up +81 points.

Monday the Dow closed down -248.13 (-0.65%) at 37,735.11.

Year-to-date the Dow is up +0.12%.

Monday, (10) Dow stocks were up, (1) made 52-week lows and none made 52-week highs.

The Dow stock winners Monday were led by Goldman Sachs (GS) 400.88 (+2.92%), Intel (INTC) 36.31 (+1.74%) and UnitedHealth (UNH) 445.63 (+1.46%).

The Dow stock losers Monday were led by Salesforce (CRM) 272.90 (-7.28%), Apple (AAPL) 172.69 (-2.19%) and Microsoft (MSFT) 413.64 (-1.96%).

The VIX closed Monday at 19.23 (+11.09%) and the 10 YR at 4.600 (-0.52%). The VIX is currently at 19.04 (-0.99%). The 10YR is at 4.666 (+0.91%).

UnitedHealth (UNH)shares rallied more than 6% after the healthcare giant posted better-than-expected revenue in its first-quarter results on Tuesday, with growth of close to 9% from $91.9 billion in the same period last year. UnitedHealth reported adjusted earnings of $6.91 per share on revenue of $99.8 billion for the quarter, while analysts expected earnings of $6.61 per share on revenue of $99.3 billion.

But Johnson & Johnson (JNJ) shares were down nearly 1% even after the pharmaceutical maker posts better-than-expected first-quarter earnings. The company earned an adjusted $2.71 per share on revenue of $21.38 billion. Analysts expected a profit of $2.64 per share on revenue of $21.4 billion. The company got a boost from strong medical device sales.

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

The national average price of gasoline is up 1.0 cent at $3.644 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/24 after the market close with $0.98, beating estimates of $0.691 per share.

JPMorgan (JPM) reported earnings on 4/12/24 before the market open with $4.44, beating estimates of $4.184 per share.

Goldman Sachs (GS) reports earnings on 4/15/24 before the market open with $6.91, beating estimates of $6.633 per share.

Johnson & Johnson (JNJ) reports earnings on 4/16/24 before the market open with $2.71, beating estimates of $2.639 per share.

UnitedHealth (UNH) reports earnings on 4/16/24 before the market open.

Travelers (TRV) reports earnings on 4/17/24 before the market open.

American Express (AXP) reports earnings on 4/19/24 before the market open.

Procter & Gamble (PG) reports earnings on 4/19/24 before the market open.

Coca Cola (KO) reports earnings on 4/22/24 before the market open.

Verizon (VZ) reports earnings on 4/22/24 before the market open.

Microsoft (MSFT) reports earnings on 4/23/24 after the market close.

Visa (V) reports earnings on 4/23/24 after the market close.

Boeing (BA) reports earnings on 4/24/24 before the market open.

IBM (IBM) reports earnings on 4/24/24 after the market close.

Caterpillar (CAT) reports earnings on 4/25/24 before the market open.

Dow (DOW) reports earnings on 4/25/24 before the market open.

Honeywell (HON) reports earnings on 4/25/24 before the market open.

Merck (MRK) reports earnings on 4/25/24 before the market open.

Intel (INTC) reports earnings on 4/25/24 after the market close.

Amazon (AMZN) reports earnings on 4/25/24 after the market close.

Chevron (CVX) reports earnings on 4/26/24 before the market open.

3M (MMM) reports earnings on 4/30/24 before the market open.

Coca Cola (KO) reports earnings on 4/30/24 before the market open.

McDonald’s (MCD) reports earnings on 4/30/24 before the market open.

Amgen (AMGN) reports earnings on 5/2/24 after the market close.

Apple (AAPL) reports earnings on 5/2/24 after the market close.

Disney (DIS) reports earnings on 5/7/24 before the market open.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) 126.19 (+0.36%) is up +15.75% in 2024.

Financial Calendar

08:30 AM ET Building Permits (MoM) (Mar), 2.4%
08:30 AM ET Building Permits (Mar), 1.514M, 1.524M
08:30 AM ET Housing Starts (Mar), 1.480M, 1.521M
08:30 AM ET Housing Starts (MoM) (Mar), 10.7%
08:55 AM ET Redbook (YoY), 5.4%
09:00 AM ET Fed Governor Jefferson Speaks
09:15 AM ET Capacity Utilization Rate (Mar), 78.5%, 78.3%
09:15 AM ET Industrial Production (MoM) (Mar), 0.4%, 0.1%
09:15 AM ET Industrial Production (YoY) (Mar), -0.23%
09:15 AM ET Manufacturing Production (MoM) (Mar), 0.8%
12:30 PM ET FOMC Member Williams Speaks
13:00 PM ET FOMC Member Barkin Speaks
13:15 PM ET Atlanta Fed GDPNow (Q1), 2.8%, 2.8%
13:15 PM ET Fed Chair Powell Speaks
16:30 PM ET API Weekly Crude Oil Stock, 3.034M

Dow 30 Components Closing Prices For Monday, April 15, 2024

Dow 30 Components Closing Prices Monday 04/15/2024

Symbol, Last, Net Chng, %Change
AAPL,175.04,+7.26,+4.33%
AMGN,270.00,+3.55,+1.33%
AMZN,189.05,+3.10,+1.67%
AXP,218.20,+.55,+0.25%
BA,173.36,-1.27,-0.73%
CAT,371.98,-.09,-0.02%
CRM,299.15,-.47,-0.16%
CSCO,49.53,+.32,+0.65%
CVX,161.89,-.78,-0.48%
DIS,117.15,-.04,-0.03%
DOW,58.46,-.39,-0.66%
GS,397.48,-3.28,-0.82%
HD,347.37,-3.19,-0.91%
HON,196.87,+1.22,+0.62%
IBM,185.90,-.14,-0.08%
INTC,37.63,+.43,+1.16%
JNJ,148.79,-1.41,-0.94%
JPM,195.43,-.04,-0.02%
KO,59.05,+.13,+0.22%
MCD,268.62,-.05,-0.02%
MMM,93.18,+.55,+0.59%
MRK,126.15,-.60,-0.47%
MSFT,427.93,+4.67,+1.10%
NKE,92.00,+3.00,+3.37%
PG,155.84,-1.40,-0.89%
TRV,220.40,-3.98,-1.77%
UNH,441.72,-8.33,-1.85%
V,275.68,+1.20,+0.44%
VZ,40.16,-.36,-0.89%
WMT,60.09,-.53,-0.87%

The Dow fell -0.65% today with (10) components up.

The Dow Market Happenings For Friday, April 12, 2024 – 3M (MMM) 93.18 Up +1.95% YTD

Dow stocks hitting 52-week highs include Amazon (AMZN) 189.05 (+1.67%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -287 points.

Thursday the Dow closed down -2.43 (-0.01%) at 38,459.08.

Year-to-date the Dow is up +2.04%.

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

The Dow stock winners Thursday were led by Apple (AAPL) 175.04 (+4.33%), Nike (NKE) 92.00 (+3.37%) and Amazon (AMZN) 189.05 (+1.67%).

The Dow stock losers Thursday were led by UnitedHealth (UNH) 441.72c(-1.85%), Travelers (TRV) 220.40 (-1.77%) and Johnson & Johnson (JNJ) 148.79 (-0.94%).

The VIX closed Thursday at 14.91 (-5.63%) and the 10 YR at 4.574 (+0.04%). The VIX is currently at 15.20 (+0.07%). The 10YR is at 4.387 (-0.72%).

JPMorgan Chase (JPM) the biggest U.S. bank by assets, reported first-quarter profit and revenue that beat expectations Friday. The company also said trading revenue and credit costs came in better than expected. Despite the beat, shares of JPMorgan fell roughly 4% in premarket trading.

Apple (AAPL) was among the Magnificent Seven names rallying Thursday. The iPhone maker jumped 4.3% after Bloomberg News reported the company’s plans to overhaul its Mac products with new artificial intelligence-focused chips. Apple had its best day since May 2023.

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

The national average price of gasoline is up four-tenths of a cent at $3.634 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/24 after the market close with $0.98, beating estimates of $0.691 per share.

JPMorgan (JPM) reported earnings on 4/12/24 before the market open with $4.44, beating estimates of $4.184per share.

Goldman Sachs (GS) reports earnings on 4/15/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/16/24 before the market open.

UnitedHealth (UNH) reports earnings on 4/16/24 before the market open.

Travelers (TRV) reports earnings on 4/17/24 before the market open.

American Express (AXP) reports earnings on 4/19/24 before the market open.

Procter & Gamble (PG) reports earnings on 4/19/24 before the market open.

Coca Cola (KO) reports earnings on 4/22/24 before the market open.

Verizon (VZ) reports earnings on 4/22/24 before the market open.

Microsoft (MSFT) reports earnings on 4/23/24 after the market close.

Visa (V) reports earnings on 4/23/24 after the market close.

Boeing (BA) reports earnings on 4/24/24 before the market open.

IBM (IBM) reports earnings on 4/24/24 after the market close.

Caterpillar (CAT) reports earnings on 4/25/24 before the market open.

Dow (DOW) reports earnings on 4/25/24 before the market open.

Honeywell (HON) reports earnings on 4/25/24 before the market open.

Merck (MRK) reports earnings on 4/25/24 before the market open.

Intel (INTC) reports earnings on 4/25/24 after the market close.

Amazon (AMZN) reports earnings on 4/25/24 after the market close.

Chevron (CVX) reports earnings on 4/26/24 before the market open.

3M (MMM) reports earnings on 4/30/24 before the market open.

Coca Cola (KO) reports earnings on 4/30/24 before the market open.

McDonald’s (MCD) reports earnings on 4/30/24 before the market open.

Amgen (AMGN) reports earnings on 5/2/24 after the market close.

Apple (AAPL) reports earnings on 5/2/24 after the market close.

Disney (DIS) reports earnings on 5/7/24 before the market open.

Today’s Featured Dow Stock

3M (MMM)

3M (MMM) 93.18 (+0.59%) is up +1.95% in 2024.

Financial Calendar

08:30 AM ET Export Price Index (YoY), -1.8%
08:30 AM ET Export Price Index (MoM) (Mar), 0.3%, 0.8%
08:30 AM ET Import Price Index (YoY), -0.8%
08:30 AM ET Import Price Index (MoM) (Mar), 0.3%, 0.3%
10:00 AM ET Michigan 1-Year Inflation Expectations (Apr), 2.9%
10:00 AM ET Michigan 5-Year Inflation Expectations (Apr), 2.8%
10:00 AM ET Michigan Consumer Expectations (Apr), 77.6, 77.4
10:00 AM ET Michigan Consumer Sentiment (Apr), 79.0, 79.4
10:00 AM ET Michigan Current Conditions (Apr), 82.2, 82.5
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 508
13:00 PM ET U.S. Baker Hughes Total Rig Count, 620
14:30 PM ET FOMC Member Bostic Speaks
15:30 PM ET CFTC Aluminium speculative net positions, 2.6K
15:30 PM ET CFTC Copper speculative net positions, 20.3K
15:30 PM ET CFTC Corn speculative net positions, -181.3K
15:30 PM ET CFTC Crude Oil speculative net positions, 300.9K
15:30 PM ET CFTC Gold speculative net positions, 207.2K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, -5.2K
15:30 PM ET CFTC Natural Gas speculative net positions, -118.7K
15:30 PM ET CFTC S&P 500 speculative net positions, -78.1K
15:30 PM ET CFTC Silver speculative net positions, 53.1K
15:30 PM ET CFTC Soybeans speculative net positions, -158.0K
15:30 PM ET CFTC Wheat speculative net positions, -60.3K
15:30 PM ET FOMC Member Daly Speaks