Dow stocks hitting 52 week highs include Cisco (CSCO), Home Depot (HD) and UnitedHealth (UNH). There are no Dow stock 52 week lows.
Premarket today, the Dow was indicated to open up +108 points.
Tuesday the Dow was down -308.05 (-0.94%) at 32,423.15.
Year-to-date the Dow is up +5.94%.
There were 8 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Procter & Gamble (PG) 132.60 (+1.86%), Walmart (WMT) 133.94 (+1.19%) and Coca Cola (KO) 51.39 (+0.76%).
The Dow stock losers Tuesday were led by Dow (DOW) 60.75 (-4.35%), Boeing (BA) 241.25 (-3.97%) and Caterpillar (CAT) 218.25 (-3.44%).
Stocks are bouncing today as the 10-year U.S. Treasury yield continues to back off last week’s 14-month highs.
Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell are set to deliver a second day of economic testimony to lawmakers as required quarterly by the March 2020 Covid relief act. They will appear remotely before the Senate Banking Committee at 10 a.m. ET. On Tuesday, they told the House Financial Services Committee that elevated asset valuations in pockets of the markets are not reasons for alarm yet. Yellen and Powell also said they’re confident in the stability of the financial sector as the U.S. economy continues to recover from the pandemic.
European stocks are lower and Asian markets ended lower.
The national average price of gasoline is down three-tenths of a cent at $2.874 per gallon.
Nike (NKE) reported earnings on 3/18/2021 after the market close of $0.90, beating estimates of $0.752 per share.
Walgreens (WBA) reports earnings on 3/31/2021 before the market open.
Today’s Featured Dow Stock
Caterpillar (CAT) 218.25 (-3.44%) is up +19.90% in 2021.
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