The Dow Market Happenings For Tuesday, March 8, 2022 – Nike (NKE) 124.44 Down -25.34% YTD

Dow stocks hitting 52-week highs include Chevron (CVX) 162.04 (+2.14%). Dow stock 52-week lows include Boeing (BA) 169.17 (-6.45%), JPMorgan (JPM) 129.21 (-3.86%), Nike (NKE) 124.44 (-5.14%) and Visa (V) 190.70 (-4.79%).

The Market

Premarket today, the Dow was indicated to open up +47 points.

Monday the Dow closed down -797.42 (-2.37%) at 32,817.38.

Year-to-date the Dow is down -9.69%.

There were 4 Dow stocks up Monday.

The Dow stock winners Monday were led by Chevron (CVX) 162.04 (+2.14%), Johnson & Johnson (JNJ) 172.201 (+1.61%) and Amgen (AMGN) 234.36 (+0.62%).

The Dow stock losers Monday were led by American Express (AXP) 159.13 (-7.99%), Boeing (BA) 169.17 (-6.45%) and Nike (NKE) 124.44 (-5.14%).

The 10-year Treasury yield is currently at 1.854%.

Investors sold bonds on inflation fears Monday and that continued Tuesday, pushing the 10-year Treasury yield inversely higher to around 1.85%.

West Texas Intermediate crude, the U.S. oil benchmark, rose more than 5% to around $125 per barrel Tuesday, after settling Monday at its highest level since September 2008. WTI topped $130 on Sunday, a high back to July 2008. The U.S. was set to ban Russian oil, without European participation, as soon as Tuesday.

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

The national average price of gasoline is up 10.8 cents at $4.173 per gallon.

Earnings Reports

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

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) 124.44 (-5.14%) is down -25.34% in 2022.

Financial Calendar

00:30 AM ET Investing.com Gold Index

06:00 AM ET NFIB Small Business Optimism (Feb)
08:30 AM ET Exports 228.10B
08:30 AM ET Imports 308.90B
08:30 AM ET Trade Balance (Jan)
08:55 AM ET Redbook (YoY)
10:00 AM ET Wholesale Inventories (MoM)
10:00 AM ET Wholesale Trade Sales (MoM) (Jan)
12:00 AM ET EIA Short-Term Energy Outlook
13:00 PM ET 3-Year Note Auction
16:30 PM ET API Weekly Crude Oil Stock

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