Dow stocks at 52 week highs include Merck (MRK). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -60 points.
Tuesday the Dow was down -27.88 (-0.10%) at 27,881.72.
Year-to-date the Dow is up +19.52%.
There were 15 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by UnitedHealth (UNH) +0.71%, Apple (AAPL) +0.58% and Chevron (CVX) +0.50%.
The Dow stock losers Tuesday were led by 3M (MMM) -1.28%, Boeing (BA) -0.94% and Exxon Mobil (XOM) -0.86%.
The two-day Fed FOMC Meeting ends today with announcement at 11:00 am PST. The Fed is expected to hold rates steady.
The Dow Jones Industrial Average was set to open lower, with Home Depot Inc (HD) falling 1.7% in premarket trading. The home improvement chain forecast fiscal 2020 sales growth below Wall Street expectations, weeks after lowering its 2019 sales forecast.
A former Boeing (BA) employee who raised concerns about 737 Max production will testify on Wednesday at a House hearing on the FAA’s review of the grounded aircraft.
European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is up three-tenths of a cent at $2.573 per gallon.
Earnings Reports
Nike (NKE) reports earnings on 12/19/2019 after the market close.
Today’s Featured Dow Stock
Disney (DIS) is up +33.24% year-to-date.
Financial Calendar
7:00 AM ET MBA Mortgage Applications
8:30 AM ET CPI
10:00 AM ET Quarterly Services Survey
10:00 AM ET Atlanta Fed Business Inflation Expectations
10:30 AM ET EIA Petroleum Status Report
2:00 PM ET FOMC Meeting Announcement
2:00 PM ET Treasury Budget
2:30 PM ET Fed Chair Press Conference

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