DJIA Market Happenings For Monday, March 29, 2021

Dow stocks hitting 52 week highs include Cisco (CSCO), Home Depot (HD), IBM (IBM), 3M (MMM) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -174 points.

Friday the Dow was up +453.40 (+1.39%) at 33,072.88.

Year-to-date the Dow is up +8.06%.

There were 27 Dow stocks up Friday.

The Dow stock winners Friday were led by Intel (INTC) 64.87 (+4.60%), Cisco CSCO) 52.57 (+4.08%) and Nike (NKE) 132.99 (+3.38%).

The Dow stock losers Friday were Goldman Sachs (GS) 327.39 (-0.96%), Boeing (BA) 244.87 (-0.94%) and Disney (DIS) 185.92 (-0.53%).

Boeing (BA) rose 3% in Monday’s premarket after a huge aircraft order from Southwest Airlines.

The 10-year Treasury yield was steady Monday, trading below its recent 14-month high.

New daily U.S. covid cases, while sharply lower than January’s high, increased 12% in the past seven days compared with a week ago. Nearly half of people ages 65 and older have completed all of their necessary shots, however, just 20% of the adult population is considered fully vaccinated.

European stocks are mostly higher and Asian markets ended higher.

The national average price of gasoline is up one-tenth of a cent at $2.863 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/18/2021 after the market close of $0.90, beating estimates of $0.752 per share.

Walgreens (WBA) reports earnings on 3/31/2021 before the market open.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 107.48 (+2.29%) is up +27.27% in 2021.

Financial Calendar

10:30 AM ET Dallas Fed Manufacturing Survey

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

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