Dow stocks at 52 week highs include Caterpillar (CAT), Coca Cola (KO), , Home Depot (HD), Microsoft (MSFT), Pfizer (PFE) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -19 points.

Tuesday the Dow was up +61.49 (+0.28%) at 22,118.86.

Year-to-date the Dow is up +11.92%.

There were 20 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Pfizer (PFE) +3.06% and Goldman Sachs (GS) +2.21%.

The Dow stock losers Monday were led by McDonald’s (MCD) -3.22% and UnitedHealth (UNH) -1.06%.

Apple (AAPL -0.40%) is down -0.5% in pre-market trading on a less than enthusiastic response to the company’s unveiling of its new iPhone late Tuesday.
European stocks are mostly higher and Asian markets ended higher.

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

The national average price of gasoline is down five-tenths of a cent at $2.656 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is up +8.43% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +3.3% with purchase sub-index +1.4% and refi sub-index +5.1%.

0830 ET Aug PPI final demand expected +0.3% m/m and +2.5% y/y, Jul -0.1% m/m and +1.9% y/y. Aug PPI ex food & energy expected +0.1% m/m and +2.1% y/y, Jul -0.1% m/m and +1.8% y/y.

1030 ET EIA Weekly Petroleum Status Report.

1300 ET Treasury auctions $12 billion of 30-year T-bonds.

1400 ET Aug monthly budget statement expected -$119.0 billion, Jul -$42.9 billion.