The Dow Market Happenings For Tuesday, December 29, 2020

Dow stocks hitting 52 week highs include Disney (DIS) and Goldman Sachs (GS). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +149 points.

Monday the Dow was up +204.10 (+0.68%) at 30,403.97.

Year-to-date the Dow is up +6.54%.

There were 19 Dow stocks up Monday.

The Dow stock winners Monday were led by Apple (AAPL) 136.69 (+3.58%), Disney (DIS) 178.86 (+2.95%) and Visa (V) 212.63 (+1.88%).

The Dow stock losers Monday were led by Dow (DOW) 54.29 (-0.91%), Caterpillar (CAT) 178.37 (-0.66%) and Home Depot (HD) 269.25 (-0.62%).

U.S. stock futures climbed Tuesday morning after the major averages all reached fresh record highs Monday.

The House voted Monday to increase the second round of federal direct payments to $2,000, a day after President Donald Trump signed the $2 trillion pandemic aid and full-year government spending bill into law. The House passed the payments in a fast-track procedure with just enough support to meet the two-thirds threshold needed. The chamber approved the measure in a 275-134 vote. Despite Trump’s calls for $2,000 payments, the Republican held Senate may not pass the larger amount, though Senate Minority Leader Chuck Schumer has said he will push for a vote.

American Airlines is set to operate the first U.S. commercial flight of Boeing’s 737 Max on Tuesday after nearly two years of grounding following two deadly crashes.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down two-tenths of a cent at $2.250 per gallon.

Earnings Reports

Walgreens (WBA) will report earnings on 1/7/2021 before the market open.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO)44.92 (+0.85%) is down -6.34% year-to-date. Cisco (CSCO) YTD low was 32.40 on 3/16/2020. Cisco has provided a +38.64% gain off the YTD low.

Financial Calendar

8:55 AM ET Redbook

9:00 AM ET Case-Shiller House Price Index

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 52-Week Bill Auction

1:00 PM ET 7-Yr Note Auction

Both comments and pings are currently closed.

Comments are closed.