The Dow Market Happenings For Monday, May 24, 2021

There are no Dow stocks hitting 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +149 points.

Friday the Dow was up +123.69 (+0.36%) at 34,207.84.

Year-to-date the Dow is up +11.77%.

There were 17 Dow stocks up Friday.

The Dow stock winners Friday were led by Boeing (BA) 234.82 (+3.15%), Goldman Sachs (GS) 366.26 (+1.80%) and JPMorgan (JPM) 162.66 (+1.14%).

The Dow stock losers Friday were led by Apple (AAPL) 125.43 (-1.48%), Cisco (CSCO) 52.43 (-0.79%) and Merck (MRK) 79.18 (-0.60%).

Daily new Covid cases in the U.S. have dropped to their lowest level in 11 months as the nation prepares for the long Memorial Day weekend, the unofficial start of the summer travel season. The seven-day average of initial infections was 25,270 as of Sunday. New infections have fallen dramatically as more and more people across the country get vaccinated. According to the CDC’s latest data, more than 49% of the U.S. population have received at least one shot and over 39% are fully vaccinated.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is unchanged at $3.039 per gallon.

Earnings Reports

Disney (DIS) reported earnings on 5/13/2021 after the market close of $0.79, beating estimates of $0.312 per share.

Home Depot (HD) reported earnings on 5/18/2021 before the market open of $3.86, beating estimates of $3.04 per share.

Walmart (WMT) reported earnings on 5/18/2021 before the market open of $1.69, beating estimates of $1.216 per share.

Cisco (CSCO) reports earnings on 5/19/2021 after the market close of $0.83, beating estimates of $0.742 per share.

Salesforce (CRM) reports earnings of 5/27/2021 after the market close.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) 162.66 (+1.14%) is up +28.01% in 2021.

Financial Calendar

8:30 AM ET Chicago Fed National Activity Index

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

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