Dow stocks hitting 52 week highs include Caterpillar (CAT), Disney (DIS) and Honeywell (HON). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -76 points.
Friday the Dow was up 248.74 (+0.83%) at 30,218.26.
Year-to-date the Dow is up +5.89%.
There were 24 Dow stocks up Friday.
The Dow stock winners Friday were led by Caterpillar (CAT) 182.21 (+4.34%), Chevron (CVX) 93.28 (+3.88%) and IBM (IBM) 127.20 (+2.90%).
The Dow stock losers Friday were led by Boeing (BA) 232.71 (-1.89%), Home Depot (HD) 263.99 (-1.55%) and Apple (AAPL) 122.25 (-0.56%).
The Dow is set to open down Monday after the 30-stock average, the broader S&P 500, the tech-heavy Nasdaq and the small-cap Russell 2000 all closed at records Friday for the first time in nearly three years.
With the seven-day averages of new daily U.S. Covid-19 cases nearing 200,000 and deaths over 2,000, the CDC issued a strong call to action for people to wear masks, stay at home when possible and social distance to help slow the spread of the virus. There are also record U.S. hospitalizations, now more than 100,000 for five straight days as of Sunday.
A proposed $900 billion coronavirus stimulus bill is expected for release Monday and would be attached to a larger year-end spending measure needed to avoid a federal government shutdown this coming weekend. The relief legislation language that’s being finalized would provide roughly $300 in extra federal weekly unemployment benefits. However it won’t include another round of $1,200 checks to Americans, leaving the possibility of direct payments for President-elect Joe Biden and the new Congress to decide.
European stocks are mostly higher and Asian markets ended lower.
The national average price of gasoline is down one-tenth of a cent at $2.160 per gallon.
Earnings Reports
There are no Dow stocks set to report earnings in the near term.
Today’s Featured Dow Stock
Microsoft (MSFT) 214.36 (+0.06%) is up +35.93% year-to-date. Microsoft (MSFT) YTD low was 65.25 on 3/23/2020. Microsoft has provided a +24.83% gain off the YTD low.
Financial Calendar
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction
12:30 PM ET Investor Movement Index
3:00 PM ET Consumer Credit