The Dow Market Happenings For Monday, March 13, 2017

Dow stocks at 52 week highs include Dupont (DD), Johnson & Johnson (JNJ), 3M (MMM), UnitedHealth (UNH) and Visa (V). Dow stock 52 week lows include Exxon Mobil (XOM).

The Market

Premarket today, the Dow was indicated to down -4 points.

Friday the Dow was up +44.79 (+0.21%) at 20,902.98.

Year-to-date the Dow is up +5.77%.

There were 23 Dow stocks up Friday.

The Dow stock winners Friday were led by General Electric (GE) +2.09% and UnitedHealth (UNH) +1.17%.

The Dow stock losers Friday were led by Boeing (BA) -1.04% and Goldman Sachs (GS) -0.72%.

Boeing (BA -1.04%) was downgraded to ‘Equal-Weight’ from ‘Overweight’ at Morgan Stanley.

Intel (INTC) is buying the Israeli autonomous-driving company Mobileye for $63.54 a share in cash, or about $15.3 billion.

Oil hovered around three-month lows on Monday, as rising U.S. inventories and drilling activity offset optimism over OPEC’s efforts to restrict crude output. Brent crude was down 7 cents on the day, at $51.30 a barrel by 1202 GMT, having hit a session trough of $50.85, its lowest level since Nov. 30. U.S. West Texas Intermediate crude (WTI) fell 15 cents to $48.34 a barrel.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is unchanged at $2.298 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 3/21/2017 after the market close.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) is up +3.73% year-to-date.

Financial Calendar

1100 ET USDA weekly grain export inspections.

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