Dow stocks hitting 52-week highs include Travelers (TRV) 173.73 (+1.07%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +229 points.

Friday the Dow closed down -229.88 (-0.69%) at 32,944.19.

Year-to-date the Dow is down -9.34%.

There were 8 Dow stocks up Friday.

The Dow stock winners Friday were led by McDonald’s (MCD) 226.87 (+2.19%), Caterpillar (CAT) 214.83 (+1.44%) and Travelers (TRV) 173.73 (+1.07%).

The Dow stock losers Friday were led by Nike (NKE) 122.63 (-2.70%), Apple (AAPL) 154.73 (-2.39%) and JPMorgan (JPM) 128.89 (-2.25%).

The 10 YR yield is currently at 2.104%.

The Dow is coming off its fifth-straight negative week for the first time in nearly three years.

Russian and Ukrainian officials held their fourth round of peace talks Monday. One Ukrainian presidential advisor, Mykhailo Podolyak, said on Twitter the discussions were ongoing but “hard.” He indicated earlier in the day that Kyiv’s objectives were to secure a cease-fire, withdrawal of Russian troops from the country and other security guarantees.

Covid cases are rising in mainland China, prompting some major cities in the country to place fresh restrictions on business activity and move schools to online instruction. The response to the outbreak signals China’s intention to maintain its zero-Covid strategy and may add to existing supply chain woes.

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

The national average price of gasoline is unchanged at $4.325 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 3/21/2022 after the market close

Today’s Featured Dow Stock

Visa (V)

Visa (V) 196.71 (-0.64%) is down -9.23% in 2022.

Financial Calendar

11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction