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 open down -49 points.

Monday the Dow was down -21.50 (-0.10%) at 20,881.48.

Year-to-date the Dow is up +5.66%.

There were 16 Dow stocks up Monday.

The Dow stock winners Monday were led by Disney (DIS) +0.54% and Dupont (DD) +0.46%.

The Dow stock losers Monday were led by Intel (INTC) -2.09% and Merck (MRK) -1.50%.

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

Disney (DIS +0.54%) was upgraded to ‘Buy’ from ‘Neutral’ at Guggenheim Securities with a 12-month target price of $128.

Verizon (VZ) sought almost triple the price reduction that it ultimately obtained for Yahoo’s core assets following two massive cyber attacks at the internet company, according to a Yahoo filing.

Fed begins two day policy meeting.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.294 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) is up +9.96% year-to-date.

Financial Calendar

0830 ET Feb PPI final demand expected +0.1% m/m and +1.9% y/y, Jan +0.6% m/m and +1.6% y/y. Feb PPI ex food & energy expected +0.2% m/m and +1.5% y/y, Jan +0.4% m/m and +1.2% y/y.

n/a President Trump and German Chancellor Merkel meet at the White House.

1200 ET FOMC begins 2-day policy meeting.