Dow stocks hitting 52-week highs include Apple (AAPL), Chevron (CVX) and McDonald’s (MCD). There are no Dow stock 52-week lows.
Premarket today, the Dow was indicated to open up +169 points.
Monday the Dow closed up +246.76 (+0.68%) at 36,585.06.
Year-to-date the Dow is up +0.68%.
There were 22 Dow stocks up Friday.
The Dow stock winners Friday were led by Goldman Sachs (GS) 395.33 (+3.34%), Intel (INTC) 53.21 (+3.32%) and Boeing (BA) 207.86 (+3.25%).
The Dow stock losers Friday were led by Home Depot (HD) 408.64 (-1.53%), Nike (NKE) 164.67 (-1.20%) and Honeywell (HON) 206.80 (-0.82%).
Bond yields jumped to start the year, with the 10-year Treasury yield topping 1.6% and continuing higher early Tuesday.
Apple’s (AAPL) premarket gain will put it over the $3 trillion market cap again. The tech giant became the first U.S. company to do so during Monday trading, but just missed closing above that level.
At 10 a.m. ET, the Labor Department is set to release its latest Job Openings and Labor Turnover Survey. JOLTS is expected to show 11.1 million job openings as of the end of November.
The U.S. reported a record number of new Covid cases Monday, with more than 1 million new infections. The record single-day total may be due in part to delayed reporting from over the holiday weekend. President Joe Biden on Tuesday is scheduled to meet with the White House Covid response team as the highly infectious omicron variant sweeps the nation. The cumulative number of cases confirmed in the U.S. since the start of the pandemic reached 56,191,733 early Tuesday, with 827,749 total Covid deaths in the U.S.
U.S. futures are higher, European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is unchanged at $3.288 per gallon.
Nike (NKE) reported earnings on 12/20/2021 after the market close with $0.83, beating estimates of $0.626 per share.
Walgreens (WBA) reports earnings on 1/6/2021 before the market open.
Today’s Featured Dow Stock
Dow (DOW) 56.87 (+0.26%) is up +0.26% in 2021.
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