Dow stocks at 52 week highs include McDonald’s (MCD).There are no Dow stock 52 week lows
The Market
Premarket today, the Dow was indicated to open up +100 points.
Tuesday, the Dow was up +156.41 (+0.90%) at 17,524.91.
Year-to-date the Dow is down -1.67%.
There were 25 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Exxon Mobil (XOM) +4.47% and Chevron (CVX) +3.64%.
The Dow stock losers Tuesday were led by 3M (MMM) -6.03% and Dupont (DD) -2.09%.
The Fed ends its 2-day meeting.
Chevron (CVX +3.84%) was raised to ‘Buy’ from ‘Hold’ at Argus Research.
European stocks are higher and Asian markets ended higher.
The national average price of gasoline is down two-tenths of a cent at $2.011 per gallon.
Earnings Reports.
Nike (NKE) reports earnings on 12/22/15 after the market close.
Today’s Featured Dow Stock
Goldman Sachs (GS) is down -6.10% year-to-date.
Financial Calendar
0700 ET Weekly MBA mortgage applications, previous +1.2% with purchase sub-index unch and refi sub-index +3.5%.
0830 ET Nov housing starts expected +6.6% to 1.130 million, Oct -11.0% to 1.060 million. Nov building permits expected -0.7% to 1.153 million, Oct +5.1% to 1.161 million.
0915 ET Nov industrial production expected -0.1% m/m, Oct -0.2%. Nov capacity utilization expected -0.1 to 74.4%, Oct 77.5%. Nov manufacturing production expected unch m/m, Oct +0.4%.
1030 ET EIA Weekly Petroleum Status Report.
1400 ET FOMC announces interest rate decision expected +25 bp rate hike to 0.25%-0.50% range from 0.00%-0.25%.