Dow stocks hitting 52 week highs include Chevron (CVX), Home Depot (HD), JPMorgan (JPM) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +98 points.

Monday the Dow closed up +64.13 (+0.18%) at 35,741.15.

Year-to-date the Dow is up +16.78%.

There were 18 Dow stocks up Monday.

The Dow stock winners Monday were led by Disney (DIS) 172.01 (+1.53%), Home Depot (HD) 371.26 (+1.44%) and Walmart (WMT) 150.06 (+1.16%).

The Dow stock losers Monday were led by American Express (AXP) 182.31 (-2.55%), Amgen (AMGN) 207.63 (-0.77%) and Verizon (VZ) 52.58 (-0.66%).

The yield on the benchmark 10-year Treasury fell slightly Tuesday morning, trading around 1.618%. On Monday, the 10-year yield got as high as 1.673%, but retreated to slightly above 1.63%.

Congressional Democrats and the White House are hustling to reach a deal on their signature domestic spending package, possibly before President Joe Biden heads to Europe on Thursday for a series of meetings. Should Democrats agree on a scaled-back version of the spending plan, House Speaker Nancy Pelosi would then bring up for vote the companion bipartisan infrastructure bill that’s already passed the Senate. If the House approves that legislation, Biden may sign it into law later this week. The domestic spending package is likely to be within $1.5 trillion to $2 trillion, down from its original $3.5 trillion, as Democrats address concerns by two centrist party members, Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona. Their support is crucial in order for the plan to pass the Senate, which is evenly split 50-50 among Democrats and Republicans.

U.S. futures are 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 $3.389 per gallon.

Earnings Reports

JPMorgan (JPM) reported earnings on 10/13/2021 before the open with $3.74, beating estimates calling for $2.996 per share.

UnitedHealth (UNH) reported earnings on 10/14/2021 before the open with $4.52, beating estimates calling for $4.414 per share.

Walgreens (WBA) reported earnings on 10/14/2021 before the open with $1.17, beating estimates calling for $1.028 per share.

Goldman Sachs (GS) reported earnings on 10/15/2021 before the open with $14.93, crushing estimates calling for $10.18 per share.

Johnson & Johnson (JNJ) reported earnings on 10/19/2021 before the open with $2.60, beating estimates of $2.367 per share.

Procter & Gamble (PG) reported earnings on 10/19/2021 before the open with $1.61, beating estimates of $1.594 per share.

Travelers (TRV) reported earnings on 10/19/2021 before the open with $2.60, beating estimates of $2.002 per share.

Verizon (VZ) reported earnings on 10/20/2021 before the open with $1.55, beating estimates of $1.358 per share.

IBM (IBM) reported earnings on 10/20/2021 after the close with $2.52, beating estimates of $2.487 per share.

Dow (DOW) reported earnings on 10/21/2021 before the open with $2.75, beating estimates of $2.596 per share.

Intel (INTC) reported earnings on 10/21/2021 after the close with $1.71, beating estimates of $1.107 per share.

Honeywell (HON) reported earnings on 10/22/2021 before the open with $2.02, beating estimates of $2.008 per share.

American Express (AXP) reported earnings on 10/22/2021 before the open with $2.27, beating estimates of $1.78 per share.

3M (MMM) reported earnings on 10/26/2021 before the open with $2.45, beating estimates of $2.182 per share.

Microsoft (MSFT) reports earnings on 10/26/2021 after the close.

Visa (V) reports earnings on 10/26/2021 after the close.

Coca Cola (KO) reports earnings on 10/27/2021 before the open.

McDonald’s (MCD) reports earnings on 10/27/2021 before the open.

Boeing (BA) reports earnings on 10/27/2021 before the open.

Caterpillar (CAT) reports earnings on 10/28/2021 before the open.

Merck (MRK) reports earnings on 10/28/2021 before the open.

Apple (AAPL) reports earnings on 10/28/2021 after the close.

Chevron (CVX) reports earnings on 10/29/2021 before the open.

Amgen (AMGN) reports earnings on 11/2/2021 after the close.

Today’s Featured Dow Stock

Amgen (AMGN)

Amgen (AMGN) 207.63 (-0.77%) is down -9.69% in 2021.

Financial Calendar

8:55 AM ET Redbook

9:00 AM ET Case-Shiller Home Price Index

9:00 AM ET FHFA House Price Index

10:00 AM ET New Home Sales

10:00 AM ET Consumer Confidence

10:00 AM ET Richmond Fed Manufacturing Index

11:00 AM ET 4-Week Bill Announcement

11:00 AM ET 8-Week Bill Announcement

1:00 PM ET 2-Yr Note Auction

1:00 PM ET Money Supply