The Dow Market Happenings For Tuesday, December 7, 2021 – Goldman Sachs (GS) Up +47.62% YTD

Dow stocks hitting 52-week highs include Home Depot (HD) and Procter & Gamble (PG). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +326 points.

Monday the Dow closed up +646.95 (+1.87%) at 35,227.03.

Year-to-date the Dow is up +15.10%.

There were 2 Dow stocks up Monday.

The Dow stock winners Monday were led by Walgreens (WBA) 48.30 (+3.80%), Boeing (BA) 205.88 (+3.72%), Intel (INTC) 50.99 (+3.53%) and Visa (V) 202.68 (+3.24%).

The Dow stock losers Monday were led by Nike (NKE) 168.91 (-0.78%) and Verizon (VZ) 51.07 (+0.68%).

Dow futures jump as investors grow less worried about the new Covid omicron variant.

Intel (INTC) rose about 7.5% in Tuesday’s premarket, the morning after the Silicon Valley chipmaker announced plans to take its Mobileye unit public in mid-2022. Intel bought the Israeli autonomous driving firm for $15.3 billion in 2017, as part of an effort to branch out into new markets. Intel said it will remain majority shareholder of Mobileye, which was founded in Jerusalem by Amnon Shashua and Ziv Aviram in 1999. Over the years, Mobileye has partnered with Tesla, BMW, Volvo and General Motors. Last July, it signed a deal with Ford to support the automaker’s next generation of advanced driving and safety features.

U.S. futures are higher, European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down nine-tenth of a cent at $3.349 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 389.30 (+1.72%) is up +47.62% in 2021.

Financial Calendar

08:30 AM ET Exports
08:30 AM ET Imports
08:30 AM ET Nonfarm Productivity
08:30 AM ET Trade Balance
08:30 AM ET Unit Labor Costs
08:55 AM ET Redbook
10:00 AM ET IBD/TIPP Economic Optimism
12:00 PM ET EIA Short-Term Energy Outlook
13:00 PM ET 3-Year Note Auction
15:00 PM ET Consumer Credit
16:30 PM ET API Weekly Crude Oil Stock

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