The Dow Market Happenings For Tuesday, June 8, 2021 – Visa (V) +15.67% YTD

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

The Market

Premarket today, the Dow was indicated to open up +8 points.

Monday the Dow was down -126.15 (-0.36%) at 34,630.24.

Year-to-date the Dow is up +13.15%.

There were 10 Dow stocks up Monday.

The Dow stock winners Monday were led by Microsoft (MSFT) 253.81 (+1.20%), Boeing (BA) 252.66 (+1.10%) and American Express (AXP) 165.92 (+0.56%).

The Dow stock losers Monday were led by Merck (MRK) 72.80 (-1.77%), Caterpillar (CAT) 239.76 (-1.75%) and Dow (DOW) 69.24 (-1.61%).

The Dow Jones Industrial Average, which fell Monday, is less than 1% away from its May record close.

The Biden administration is set to announce a series of steps designed to strengthen critical U.S. supply chains Tuesday, building up domestic manufacturing capabilities for key products and addressing existing vulnerabilities. The report’s initial recommendations focus on four products critical to the U.S. economy: large capacity lithium batteries, rare earth minerals, semiconductors and active pharmaceutical ingredients.

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

The national average price of gasoline is up seven-tenths of a cent at $3.060 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Visa (V)

Visa (V) 231.32 (+0.51%) is up +15.67% in 2021.

Financial Calendar

6:00 AM ET NFIB Small Business Optimism Index

8:30 AM ET International Trade in Goods and Services

8:55 AM ET Redbook

10:00 AM ET JOLTS

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 3-Yr Note Auction

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