DJIA Market Happenings For Tuesday, March 9, 2021

Dow stocks hitting 52 week highs include American Express (AXP), Chevron (CVX), Disney (DIS), Dow (DOW), JPMorgan (JPM), Travelers (TRV) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +94 points.

Monday the Dow was up +306.14 (+0.97%) at 31,802.44.

Year-to-date the Dow is up +3.91%.

There were 25 Dow stocks up Monday.

The Dow stock winners Monday were led by Disney (DIS) 201.91 (+6.27%), Cisco (CSCO) 47.51 (+2.72%) and Walgreens (WBA) 48.48 (+2.26%).

The Dow stock losers Monday were led by Apple (AAPL) 116.36 (-4.17%), Microsoft (MSFT) 227.39 (-1.82%) and Intel (INTC) 59.85 (-1.47%).

The House plans to pass Democrats’ $1.9 trillion coronavirus relief bill this week, following Senate approval Saturday. President Joe Biden is expected to sign the legislation before federal unemployment programs expire Sunday. The plan includes extra jobless benefits, rental assistance, Covid vaccination funds and direct payments of up to $1,400 to most Americans, which are set to start going out this month. When the House passed a different version of the plan last month, no Republicans supported it and two Democrats opposed it.

Releasing its first guidance for people who have been fully vaccinated against Covid, the CDC said those immunized can safely visit other vaccinated people indoors without wearing a mask or social distancing. Vaccinated people can visit some unvaccinated people without masks or social distancing as well. However, the CDC said everyone should refrain from traveling. Someone is considered fully vaccinated two weeks following either a single shot of Johnson & Johnson’s newly authorized vaccine or two weeks after their second shot of Moderna’s or Pfizer’s two-dose regimens.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up 2.2 cents at $2.796 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) 127.31 (+1.06%) is down -8.50% in 2021.

Financial Calendar

6:00 AM ET NFIB Small Business Optimism Index

8:55 AM ET Redbook

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 3-Yr Note Auction

Both comments and pings are currently closed.

Comments are closed.