DJIA Market Happenings For Monday, June 7, 2021 – UnitedHealth (UNH) +15.67% YTD

Dow stocks hitting 52 week highs include American Express (AXP), Caterpillar (CAT), Cisco (CSCO), Goldman Sachs (GS) and Coca Cola (KO). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +76 points.

Friday the Dow was up +179.35 (+0.52%) at 34,756.39.

Year-to-date the Dow is up +13.56%.

There were 23 Dow stocks up Friday.

The Dow stock winners Friday were led by Salesforce (CRM) 237.48 (+2.88%), Microsoft (MSFT) 250.79 (+2.07%) and Intel (INTC) 57.37 (+2.01%).

The Dow stock losers Friday were led by Travelers (TRV) 160.0 (-0.62%), UnitedHealth (UNH) 405.64 (-0.57%) and Dow (DOW) 70.37 (-0.34%).

U.S. stock futures were relatively flat Monday after the Dow Jones Industrial Average, S&P 500 and Nasdaq rallied on Friday. The government’s May employment report, while short of lofty expectations, was still solid and boosted confidence in the economic comeback. All three major benchmarks were higher in the first trading week of June. The S&P 500 and the Dow finished less than 1% from their record closes in May. The Nasdaq saw the biggest Friday increase, with a nearly 1.5% advance. However, the tech-heavy index was still 2.3% shy of its late-April record close.

The finance ministers of the most advanced economies, known as the Group of Seven, have backed a U.S. proposal that calls for corporations around the world to pay at least a 15% tax. Treasury Secretary Janet Yellen tweeted that a “global minimum tax would end the race-to-the-bottom in corporate taxation, and ensure fairness for the middle class and working people in the U.S. and around the world.”

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

The national average price of gasoline is up two-tenths of a cent at $3.053 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) 405.64 (-0.57%) is up +15.67% in 2021.

Financial Calendar

11:30 AM ET 3-Month Bill Auction

11:30 AM ET 6-Month Bill Auction

12:30 PM ET Investor Movement Index

3:00 PM ET Consumer Credit

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