The Dow Market Happenings For Monday, March 8, 2021

Dow stocks hitting 52 week highs include American Express (AXP), Chevron (CVX) and Travelers (TRV). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +134 points.

Friday the Dow was up +572.16 (+1.85%) at 31,496.30.

Year-to-date the Dow is up +2.91%.

There were 28 Dow stocks up Friday.

The Dow stock winners Friday were led by Chevron (CVX) 109.00 (+4.31%), Intel (INTC) 60.74 (+4.13%), UnitedHealth (UNH) 347.10 (+3.98%) and Cisco (CSCO) 46.25 (+3.79%).

The Dow stock losers Friday were Boeing (BA) 223.22 (-0.66%) and Goldman Sachs (GS) 327.37 (-0.58%).

The Democratic-held House aims to pass the Senate-approved Covid stimulus package on Tuesday and then send it President Joe Biden for his signature. The bill approved in the Senate on Saturday comes with a smaller, compromise federal unemployment benefits boost and without a federal minimum wage increase. The legislation includes direct payments of up to $1,400 to most Americans, which Biden said Saturday could start going out within two weeks.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up six-tenths of a cent at $2.774 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 3/18/2021 after the market close.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) 133.35 (+0.99%) is down -5.74% in 2021.

Financial Calendar

10:00 AM ET Wholesale Inventories (Preliminary)

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

12:30 PM ET Investor Movement Index

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