Dow stocks at 52 week highs include American Express (AXP), Caterpillar (CAT), Dupont (DD), Disney (DIS), Intel (INTC), 3M (MMM) and Travelers (TRV). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -24 points.

Monday, the Dow closed up +18.82 (+0.11%) at 16,943.10

Year-to-date the Dow is up +2.21%.

The Dow Jones Industrial Average closed at new record highs Monday, in what was the ninth record close for the Dow this year.

Dow stock winners yesterday included Disney (DIS) +1.03% and Unite Technoloies (UTX) +1.00%.

Dow stock losers yesterday included Intel (INTC) -0.92% and McDonald’s (MCD) -0.57%.

Yesterday there were 14 Dow stock winners and 16 losers.

Merck announced yesterday morning that it was going to acquire Idenix Pharmaceuticals (IDIX), a hepatitis C drug producer for $24.50 a share (a deal worth nearly $4 billion). Merck (MRK) shares closed essentially flat while Idenix stock jumped an eye-popping 229%.

McDonald’s (MCD) Monday reported its global comparable-store sales rose 0.9 percent in May. However, comparable-store sales declined one percent in the U.S. Shares lost 0.57 percent yesterday, closing at $101.38.

European stocks were mixed and Asian markets ended mixed.

The national average price of gasoline is down seven-tenth of a cent at $3.646 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings until Nike reports in late June.

Notable earnings reports from Monday include:

Ferrellgas Partners, L.P. (FGP) reported third quarter EPS of $0.57 on revenue of $722.12 million, compared to last year’s EPS of $0.56 on revenue of $603.02 million.

Pep Boys- Manny, Moe & Jack (PBY) reported first quarter EPS of $0.03 on revenue of $538.80 million, compared to last year’s EPS of $0.07 on revenue of $536.17 million.

Stocks reporting earnings today include:

Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) is expected to report first quarter EPS of $0.74 on revenue of $699.51 million, compared to last year’s EPS of $0.65 on revenue of $582.71 million.

United Natural Foods, Inc. (UNFI) is expected to report third quarter EPS of $0.73 on revenue of $1.78 billion, compared to last year’s EPS of $0.64 on revenue of $1.57 billion.

Today’s Featured Dow Stock

Wal-Mart Stores Inc. (WMT)

Wal-Mart Stores Inc. (WMT) is down -2.13% year-to-date.

Financial Calendar

1000 ET Apr wholesale inventories expected +0.6% m/m, Mar +1.1% m/m. Apr wholesale sales expected +0.9%, Mar +1.4% m/m.

1300 ET Treasury auctions $28 billion 3-year T-notes.