The Dow Market Happenings For Wednesday, June 2, 2021

Dow stocks hitting 52 week highs include American Express (AXP), Goldman Sachs (GS), Honeywell (HON) and JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +73 points.

Tuesday the Dow was up +45.86 (+0.13%) at 34,575.31.

Year-to-date the Dow is up +12.97%.

There were 13 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Boeing (BA) 254.73 (+3.12%), Dow (DOW) 70.41 (+2.91%) and Goldman Sachs (GS) 382.44 (+2.80%).

The Dow stock losers Tuesday were led by Johnson & Johnson (JNJ) 165.53 (-2.20%), Amgen (AMGN) 233.58 (-1.83%) and Procter & Gamble (PG) 132.88 (-1.46%).

U.S. oil prices jumped 1% on Wednesday to more than $68 per barrel, trading at levels not seen since October 2018. As more and more people are getting out and about in 2021 after months of stay-at-home precautions, U.S. benchmark crude prices have jumped 40% year to date.

The 10-YR Treasury is down -0.14 at 1.601.

US futures are higher, European stocks are mostly higher and Asian markets ended mostly lower.

The national average price of gasoline is down four-tenths of a cent at $3.041 per gallon.

Earnings Reports

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) 134.51 (-1.43%) is down -9.51% in 2021.

Financial Calendar

7:00 AM ET MBA Mortgage Applications

8:15 AM ET ADP Employment Report

8:55 AM ET Redbook

2:00 PM ET Beige Book

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