There are no Dow stocks at 52 week highs.Dow stock 52 week lows include American Express (AXP)

The Market

Premarket today, the Dow was indicated to open up +147 points.

Monday, the Dow was up +103.29 (+0.60%) at 17,368.50.

Year-to-date the Dow is down -2.55%.

There were 22 Dow stocks up Monday.

The Dow stock winners Monday were led by Chevron (CVX) -3.34% and Exxon Mobil (XOM) +2.27%.

The Dow stock losers Monday were led by Dupont (DD) -3.58% and Boeing (BA) -1.12%.

The Fed begins its 2-day meeting.

Boeing (BA -1.12%) raised its quarterly dividend to $1.09 a share from 91 cents, higher than expectations of a hike to $1.02, and then raised its stock buyback authorization to $14 billion from $12 billion.

Chevron (CVX +3.34%) was rated a new ‘Outperform’ at CLSA with a price target of $95 and ConocoPhillips (COP +2.91%) was also rated a new ‘Outperform’ at CLSA with a price target of $52.

Verizon Communications (VZ +1.41%) was downgraded to ‘Neutral’ from ‘Buy’ at BTIG.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is down one-tenth of a cent at $2.013 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/22/15 after the market close.

Today’s Featured Dow Stock

General Electric (GE)

General Electric (GE) is up +19.75% year-to-date.

Financial Calendar

0830 ET Dec Empire manufacturing survey of general business conditions expected +3.74 to -7.00, Nov +0.62 to -10.74.

0830 ET Nov CPI expected unch m/m and +0.5% y/y, Oct +0.2% m/m and +0.2% y/y. Nov CPI ex food & energy expected +0.2% m/m and+2.0% y/y, Oct +0.2% m/m and +1.9% y/y.

0930 ET FOMC begins 2-day policy meeting.

1000 ET Dec NAHB housing market index expected +1 to 63, Nov -3 to 62.