Dow stocks hitting 52 week highs include JPMorgan (JPM). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +84 points.
Tuesday the Dow was down -81.52 (-0.24%) at 34,312.46.
Year-to-date the Dow is up +12.11%.
There were 10 Dow stocks up Tuesday.
The Dow stock winners Tuesday were led by Boeing (BA) 240.74 (+1.39%), Disney (DIS) 176.17 (+1.07%) and Home Depot (HD) 316.75 (+0.61%).
The Dow stock losers Tuesday were led by Amgen (AMGN) 242.00 (-2.32%), Merck (MRK) 77.50 (-1.94%) and Chevron (CVX) -1.64%).
The 10-year Treasury yield ticked higher Wednesday, though it remained below 1.6% as Federal Reserve officials try to calm inflation fears.
A group of GOP senators plans to send President Joe Biden an infrastructure counteroffer as soon as Thursday morning as both sides consider whether they can bridge their ideological gulfs to craft a bipartisan bill. The proposal could cost nearly $1 trillion. Republicans aim to offset the spending without increasing taxes.
European stocks are lower and Asian markets ended higher.
The national average price of gasoline is down one-tenth of a cent at $3.035 per gallon.
Earnings Reports
Disney (DIS) reported earnings on 5/13/2021 after the market close of $0.79, beating estimates of $0.312 per share.
Home Depot (HD) reported earnings on 5/18/2021 before the market open of $3.86, beating estimates of $3.04 per share.
Walmart (WMT) reported earnings on 5/18/2021 before the market open of $1.69, beating estimates of $1.216 per share.
Cisco (CSCO) reports earnings on 5/19/2021 after the market close of $0.83, beating estimates of $0.742 per share.
Salesforce (CRM) reports earnings of 5/27/2021 after the market close.
Today’s Featured Dow Stock
McDonald’s (MCD) 232.14 (+0.10%) is up +8.18% in 2021.
Financial Calendar
7:00 AM ET MBA Mortgage Applications
10:00 AM ET State Street Investor Confidence Index
10:30 AM ET EIA Petroleum Status Report
11:00 AM ET Survey of Business Uncertainty
11:30 AM ET 2-Yr FRN Note Auction
1:00 PM ET 5-Yr Note Auction