The Dow Market Happenings For Tuesday, May 22, 2018

Dow stocks at 52 week highs include Nike (NKE). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +330 points.

Monday the Dow was up +298.20 (+1.21%) at 25,013.29.

Year-to-date the Dow is up +1.19%.

There were 28 Dow stocks up Monday.

The Dow stock winners Monday were led by Boeing (BA) +3.61% and United Technologies (UTX) +2.28%.

The Dow stock losers Monday were led by Merck (MRK) -0.96% and Johnson & Johnson (JNJ) -0.42%.

China’s Finance Ministry said that it will cut import tariffs on some vehicles to 15 percent, down from as much as 25 percent.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up five-tenths of a cent at $2.932 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) is up +4.87% year-to-date.

Financial Calendar

12:55 Redbook (YoY), 4.9%

12:55 Redbook (MoM), 0.8%

14:00 Richmond Manufacturing Index (May), 9, -3

14:00 Richmond Manufacturing Shipments (May), -8

14:00 Richmond Services Index (May), 2

15:30 4-Week Bill Auction, 1.655%

15:30 52-Week Bill Auction, 2.200%

17:00 2-Year Note Auction, 2.498%

20:30 API Weekly Crude Oil Stock, 4.854M

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