Dow stocks hitting 52-week highs include Cisco (CSCO). Dow stock 52-week lows include Boeing (BA).

The Market

Premarket today, the Dow was indicated to open down -8 points.

Tuesday the Dow closed up +560.54 (+1.60%) at 35,492.70.

Year-to-date the Dow is up +15.96%.

There were 26 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Nike (NKE) 166.63 (+6.15%), Boeing (BA) 199.52 (+5.86%) and American Express (AXP) 160.91 (+3.22%).

The Dow stock losers Tuesday were led by Merck (MRK) 75.54 (-1.14%), Verizon (VZ) 52.78 (-0.58%) and Johnson & Johnson (JNJ) 167.21 (-0.32%).

Yesterday, President Joe Biden said fully vaccinated people can safely celebrate the holidays, even as omicron rips across the nation. The president acknowledged that many vaccinated people will get breakthrough infections in the coming weeks, but said those who got their shots will be protected against severe illness and death.

Today President Biden plans to hold a meeting Wednesday to address supply chain problems. U.S. officials and private sector companies, including FedEx, are set to talk about the ongoing efforts to fix pandemic logistics disruptions.

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

The national average price of gasoline is down six-tenths of a cent at $3.298 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/20/2021 after the market close with $0.83, beating estimates of $0.626 per share.

Today’s Featured Dow Stock

Amgen (AMGN)

Amgen (AMGN) 220.92 (+0.42%) is down -3.91% in 2021.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate
07:00 AM ET MBA Mortgage Applications (WoW)
07:00 AM ET MBA Purchase Index
07:00 AM ET Mortgage Market Index
07:00 AM ET Mortgage Refinance Index
08:30 AM ET Chicago Fed National Activity (Nov)
08:30 AM ET Core PCE Prices (Q3)
08:30 AM ET Corporate Profits (QoQ) (Q3)
08:30 AM ET GDP (QoQ) (Q3)
08:30 AM ET GDP Price Index (QoQ) (Q3)
08:30 AM ET GDP Sales (Q3)
08:30 AM ET PCE Prices (Q3)
08:30 AM ET Real Consumer Spending (Q3)
10:00 AM ET CB Consumer Confidence (Dec)
10:00 AM ET Existing Home Sales (Nov)
10:00 AM ET Existing Home Sales (MoM) (Nov)
10:30 AM ET Crude Oil Inventories
10:30 AM ET EIA Refinery Crude Runs (WoW)
10:30 AM ET Crude Oil Imports
10:30 AM ET Cushing Crude Oil Inventories
10:30 AM ET Distillate Fuel Production
10:30 AM ET EIA Weekly Distillates Stocks
10:30 AM ET Gasoline Production
10:30 AM ET Heating Oil Stockpiles
10:30 AM ET Heating Oil Stockpiles
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW)
10:30 AM ET Gasoline Inventories
13:00 PM ET 5-Year TIPS Auction
13:00 PM ET U.S. Baker Hughes Oil Rig Count
13:00 PM ET U.S. Baker Hughes Total Rig Count