Dow stocks at 52 week highs include Disney (DIS) and Johnson & Johnson (JNJ). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +33 points.

Monday the Dow was down -44.11 (+0.21%) at 20,837.37.

Year-to-date the Dow is up +5.44%.

There were 12 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Wal-Mart (WMT) +1.10% and Nike (NKE) +1.08%.

The Dow stock losers Tuesday were led by Chevron (CVX) -1.82% and General Electric (GE) -1.07%.

Intel (INTC +0.06%) was downgraded to ‘Neutral’ from ‘Outperform’ at Credit Suisse.

Fed policy meeting ends today with news at 11:00 am PDT.

European stocks are mostly higher and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $2.290 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is up +5.86% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +3.3% with purchase sub-index +1.7% and refi sub-index +5.2%.

0830 ET Mar Empire manufacturing survey general business conditions expected -3.7 to 15.0, Feb +12.2 to 18.7.

0830 ET Feb CPI expected unch m/m and +2.7% y/y, Jan +0.6% m/m and +2.5% y/y. Feb CPI ex food & energy expected +0.2% m/m and +2.2% y/y, Jan +0.3% m/m and +2.3% y/y.

0830 ET Feb retail sales expected +0.1% and +0.1% ex autos, Jan +0.4% and +0.8% ex autos.

1000 ET Mar NAHB housing market index expected unch at 65, Feb -2 to 65.

1000 ET Jan business inventories expected +0.3%, Dec +0.4%.

1030 ET EIA Weekly Petroleum Status Report.

1400 ET FOMC interest rate decision expected 25 bp increase in fed funds target range to 0.75%-1.00%. FOMC releases updated macroeconomic forecasts and Fed Chair Yellen holds a press conference.

n/a President Trump scheduled to release fiscal 2018 budget proposal.

n/a U.S. debt ceiling suspension expires, but Treasury has until Aug-Sep until default.