The Dow Market Happenings For Tuesday, March 7, 2017

Dow stocks at 52 week highs include UnitedHealth (UNH) and Verizon (VZ). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to down -25 points.

Monday the Dow was down -51.37 (–0.24%) at 20,954.34.

Year-to-date the Dow is up +6.29%.

There were 9 Dow stocks up Monday.

The Dow stock winners Monday were led by Caterpillar (CAT) +0.57% and Exxon Mobil (XOM) +0.45%.

The Dow stock losers Monday were led by Travelers (TRV) -1.46% and JPMorgan (JPM) -0.95%.

Exxon Mobil (XOM) said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants in the U.S.

The U.S. trade deficit jumped in January to the highest level in nearly five years as a flood of mobile phones and other consumer products widened America’s trade gap with China. The deficit in January rose 9.6 percent to $48.5 billion, up from a December deficit of $44.3 billion. It was the largest monthly gap since a deficit of $50.2 billion in March 2012.

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

The national average price of gasoline is down five-tenth of a cent at $2.307 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is up +6.19% year-to-date.

Financial Calendar

0830 ET Jan trade balance expected -$48.5 billion, Dec -$44.3 billion.

1300 ET Treasury auctions $24 billion of 3-year T-notes.

1500 ET Jan consumer credit expected +$18.00 billion, Dec +$14.16 billion

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