The Dow Market Happenings For Monday, April 12, 2021

Dow stocks hitting 52 week highs include Home Depot (HD), Honeywell (HON), Intel (INTC), 3M (MMM) and Microsoft (MSFT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -39 points.

Friday the Dow was up +297.03 (+0.89%) at 33,800.60.

Year-to-date the Dow is up +10.44%.

There were 22 Dow stocks up Friday.

The Dow stock winners Friday were led by Honeywell (HON) 226.98 (+3.24%), UnitedHealth (UNH) 376.30 (+3.13%) and Salesforce (CRM) 231.28 (+3.04%).

The Dow stock losers Friday were led by Walgreens (WBA) 54.18 (-1.11%), Johnson & Johnson (JNJ) 161.25 (-1.06%) and Boeing (BA) 252.36 (-1.02%).

Last week the Dow was up nearly 2% and Apple (AAPL) jumped more than 8%.

The 10-year Treasury yield has held under 1.7% after a run of 14-month highs last month.

Bitcoin surged and topped $60,000 again over the weekend.

Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s commitment to keep easy monetary policy in place, despite what he sees as a rapidly recovering economy from the depths of the pandemic.

Microsoft (MSFT) has agreed to buy speech-recognition firm Nuance Communications. Shares of Nuance soared nearly 21% in Monday’s premarket to roughly $55. Buying Nuance could expand Microsoft’s capabilities in voice software. At $16 billion, Nuance would be Microsoft’s second largest acquisition, after its $27 billion purchase of LinkedIn in 2016. Shares of Microsoft were little changed.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is down one-tenth of a cent at $2.863 per gallon.

Earnings Reports

Goldman Sachs (GS) reports earnings on 4/14/2021 before the market open.

JPMorgan (JPM) reports earnings on 4/14/2021 before the market open.

UnitedHealth (UNH) reports earnings on 4/15/2021 before the market open.

Coca Cola (KO) reports earnings on 4/19/2021 before the market open.

IBM (IBM) reports earnings on 4/19/2021 after the market close.

Johnson & Johnson (JNJ) reports earnings on 4/20/2021 before the market open.

Procter & Gamble (PG) reports earnings on 4/20/2021 before the market open.

Travelers (TRV) reports earnings on 4/20/2021 before the market open.

Verizon (VZ) reports earnings on 4/21/2021 before the market open.

Intel (INTC) reports earnings on 4/22/2021 after the market close.

Dow (DOW) reports earnings on 4/22/2021 before the market open.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) 156.28 (+0.75%) is up +22.99% in 2021.

Financial Calendar

11:30 AM ET 6-Month Bill Auction

11:30 AM ET 3-Yr Note Auction

1:00 PM ET 3-Month Bill Auction

1:00 PM ET 10-Yr Note Auction

2:00 PM ET Treasury Statement

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