DJIA Market Happenings For Tuesday, April 13, 2021

Dow stocks hitting 52 week highs include Home Depot (HD), Honeywell (HON), Intel (INTC), 3M (MMM) and Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -87 points.

Monday the Dow was down -55.20 (-0.16%) at 33,745.40.

Year-to-date the Dow is up +10.26%.

There were 14 Dow stocks up Monday.

The Dow stock winners Monday were led by Dow (DOW) 63.79 (+1.03%), Walgreens (WBA) 54.70 (+0.96%) and Nike (NKE) 136.64 (+0.88%).

The Dow stock losers Monday were led by Intel (INTC) 65.405 (-4.18%), Apple (AAPL) 131.24 (-1.32%) and Boeing (BA) 249.52 (-1.13%).

Dow futures are lower Tuesday after the FDA and CDC recommended a pause in the use of Johnson & Johnson’s one-shot Covid vaccine. The federal health agencies said they’re reviewing reports of six recipients who experienced rare and severe blood clotting issues. Dow stock Johnson & Johnson (JNJ) is down 2.5% in premarket trading.

Treasury yields ticked higher Tuesday after the CPI report came in stronger than expected. The government said consumer prices rose 0.6%, with the ex-food and energy core rate up 0.3%. Year-over-year consumer prices were up 2.6%, the highest since August 2018, getting a boost by a strong economic recovery. The 10-year Treasury yield was trading around 1.68%.

Bitcoin surged to a record of more than $63,000 on Tuesday, as investors awaited the highly anticipated stock market debut of cryptocurrency exchange Coinbase. Coinbase (COIN) is set to go public on Wednesday through a direct listing that could value the company at as much as $100 billion, more than major trading venue operators like Intercontinental Exchange, owner of the New York Stock Exchange.

European stocks are mostly higher and Asian markets ended higher.

The national average price of gasoline is down two-tenths of a cent at $2.861 per gallon.

Earnings Reports

Goldman Sachs (GS) reports earnings on 4/14/2021 before the market open.

JPMorgan (JPM) reports earnings on 4/14/2021 before the market open.

UnitedHealth (UNH) reports earnings on 4/15/2021 before the market open.

Coca Cola (KO) reports earnings on 4/19/2021 before the market open.

IBM (IBM) reports earnings on 4/19/2021 after the market close.

Johnson & Johnson (JNJ) reports earnings on 4/20/2021 before the market open.

Procter & Gamble (PG) reports earnings on 4/20/2021 before the market open.

Travelers (TRV) reports earnings on 4/20/2021 before the market open.

Verizon (VZ) reports earnings on 4/21/2021 before the market open.

Intel (INTC) reports earnings on 4/22/2021 after the market close.

Dow (DOW) reports earnings on 4/22/2021 before the market open.

American Express (AXP) reports earnings on 4/23/2021 before the market open.

Honeywell (HON) reports earnings on 4/23/2021 before the market open.

Today’s Featured Dow Stock

Coca Cola (KO)

Coca Cola (KO) 53.35 (+0.32%) is down -2.72% in 2021.

Financial Calendar

6:00 AM ET NFIB Small Business Optimism Index

8:30 AM ET CPI

8:55 AM ET Redbook

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 30-Yr Bond Auction

The Dow Market Happenings For Monday, April 12, 2021

Dow stocks hitting 52 week highs include Home Depot (HD), Honeywell (HON), Intel (INTC), 3M (MMM) and Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -39 points.

Friday the Dow was up +297.03 (+0.89%) at 33,800.60.

Year-to-date the Dow is up +10.44%.

There were 22 Dow stocks up Friday.

The Dow stock winners Friday were led by Honeywell (HON) 226.98 (+3.24%), UnitedHealth (UNH) 376.30 (+3.13%) and Salesforce (CRM) 231.28 (+3.04%).

The Dow stock losers Friday were led by Walgreens (WBA) 54.18 (-1.11%), Johnson & Johnson (JNJ) 161.25 (-1.06%) and Boeing (BA) 252.36 (-1.02%).

Last week the Dow was up nearly 2% and Apple (AAPL) jumped more than 8%.

The 10-year Treasury yield has held under 1.7% after a run of 14-month highs last month.

Bitcoin surged and topped $60,000 again over the weekend.

Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s commitment to keep easy monetary policy in place, despite what he sees as a rapidly recovering economy from the depths of the pandemic.

Microsoft (MSFT) has agreed to buy speech-recognition firm Nuance Communications. Shares of Nuance soared nearly 21% in Monday’s premarket to roughly $55. Buying Nuance could expand Microsoft’s capabilities in voice software. At $16 billion, Nuance would be Microsoft’s second largest acquisition, after its $27 billion purchase of LinkedIn in 2016. Shares of Microsoft were little changed.

European stocks are mostly higher and Asian markets ended lower.

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

Earnings Reports

Goldman Sachs (GS) reports earnings on 4/14/2021 before the market open.

JPMorgan (JPM) reports earnings on 4/14/2021 before the market open.

UnitedHealth (UNH) reports earnings on 4/15/2021 before the market open.

Coca Cola (KO) reports earnings on 4/19/2021 before the market open.

IBM (IBM) reports earnings on 4/19/2021 after the market close.

Johnson & Johnson (JNJ) reports earnings on 4/20/2021 before the market open.

Procter & Gamble (PG) reports earnings on 4/20/2021 before the market open.

Travelers (TRV) reports earnings on 4/20/2021 before the market open.

Verizon (VZ) reports earnings on 4/21/2021 before the market open.

Intel (INTC) reports earnings on 4/22/2021 after the market close.

Dow (DOW) reports earnings on 4/22/2021 before the market open.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) 156.28 (+0.75%) is up +22.99% in 2021.

Financial Calendar

11:30 AM ET 6-Month Bill Auction

11:30 AM ET 3-Yr Note Auction

1:00 PM ET 3-Month Bill Auction

1:00 PM ET 10-Yr Note Auction

2:00 PM ET Treasury Statement

DJIA Market Happenings For Friday, April 9, 2021

Dow stocks hitting 52 week highs include Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +63 points.

Thursday the Dow was up +57.31 (+0.17%) at 33,503.57.

Year-to-date the Dow is up +9.47%.

There were 16 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Apple (AAPL) 130.36 (+1.92%), Salesforce (CRM) 224.45 (+1.66%) and Goldman Sachs (GS) 331.14 (+1.41%).

The Dow stock losers Thursday were led by Nike (NKE) 133.68 (-2.09%), Walgreens (WBA) 54.79 (-1.42%) and Verizon (VZ) 57.60 (-1.32%).

The 10-year Treasury yield ticked higher, but remained below 1.7% and March’s run of 14-month highs. The Labor Department on Friday morning reported that producer prices in March rose 1%, with an ex-food and energy core inflation rate gain of 0.5%. Both were stronger than expected.

U.S. coronavirus cases are creeping higher as infections in many parts of the world are skyrocketing. Even with the U.S. vaccinating about 3 million people per day and nearly 20% of the American population fully inoculated, new daily Covid cases and deaths were still, respectively, averaging over 66,000 and nearly 1,000.

Boeing (BA) has announced a new problem with the troubled 737 Max, this time, the issue is with its electrical system. “Boeing has recommended to 16 customers that they address a potential electrical issue in a specific group of 737 Max airplanes prior to further operations,” the company said. Airlines need to verify that one of the components of the plane’s electrical system is sufficiently grounded, Boeing stated. The company said it is working with the US Federal Aviation Administration to address the problem.

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

The national average price of gasoline is down three-tenths of a cent at $2.867 per gallon.

Earnings Reports

Goldman Sachs (GS) reports earnings on 4/14/2021 before the market open.

JPMorgan (JPM) reports earnings on 4/14/2021 before the market open.

UnitedHealth (UNH) reports earnings on 4/15/2021 before the market open.

Coca Cola (KO) reports earnings on 4/19/2021 before the market open.

IBM (IBM) reports earnings on 4/19/2021 after the market close.

Johnson & Johnson (JNJ) reports earnings on 4/20/2021 before the market open.

Procter & Gamble (PG) reports earnings on 4/20/2021 before the market open.

Travelers (TRV) reports earnings on 4/20/2021 before the market open.

Verizon (VZ) reports earnings on 4/21/2021 before the market open.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) 162.97 (-0.39%) is up +3.55% in 2021.

Financial Calendar

8:30 AM ET PPI-Final Demand

10:00 AM ET Wholesale Inventories (Preliminary)

1:00 PM ET Baker Hughes Rig Count