DJIA Market Happenings For Tuesday, May 11, 2021

Dow stocks hitting 52 week highs include American Express (AXP), Caterpillar (CAT), Cisco (CCO), Chevron (CVX), Dow (DOW), Goldman Sachs (GS), Home Depot (HD), Honeywell (HON), JPMorgan (JPM), Coca Cola (KO), 3M (MMM), Travelers (TRV) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -337 points.

Monday the Dow was down -34.94 (-0.10%) at 34,742.82.

Year-to-date the Dow is up +13.51%.

There were 14 Dow stocks up Monday.

The Dow stock winners Monday were led by 3M (MMM) 207.33 (+2.10%), Procter & Gamble (PG) 137.67 (+1.86%) and Verizon (VZ) 59.52 (+1.36%).

The Dow stock losers Monday were led by Intel (INTC) 55.97 (-2.95%), Visa (V) 225.97 (-2.65%) and Apple (AAPL) 126.85 (-2.58%).

Tech selloff continues this morning.

Pipeline shuttered by cyberattack to restore service by end of the week.

FDA approves Pfizer Covid vaccine for kids ages 12 to 15.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up 1.8 cents at $2.985 per gallon.

Earnings Reports

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

Home Depot (HD) reports earnings on 5/18/2021 before the market open.

Walmart (WMT) reports earnings on 5/18/2021 before the market open.

Cisco (CSCO) reports earnings on 5/19/2021 after the market close.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 109.57 (-0.41%) is up +29.75% in 2021.

Financial Calendar

6:00 AM ET NFIB Small Business Optimism Index

8:55 AM ET Redbook

10:00 AM ET JOLTS

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 3-Yr Note Auction

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