Dow stocks hitting 52-week highs include UnitedHealth (UNH) 506.12 (-0.18%). There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to open down -43 points.
Friday the Dow closed up +274.17 (+0.80%) at 34,754.93.
Year-to-date the Dow is down -4.36%.
There were 20 Dow stocks up Friday.
The Dow stock winners Friday were led by Salesforce (CRM) 218.80 (+3.99%), Nike (NKE) 131.24 (+3.01%) and Visa (V) 219.11 (+2.65%).
The Dow stock losers Friday were by Verizon (VZ) 50.80 (-2.98%), Johnson & Johnson (JNJ) 174.84 (-1.11%) and Dow (DOW) 62.39 (-0.72%).
The 10 YR yield is currently at 2.241%.
Boeing (BA) falls in the premarket after a 737-800 jet crashed with 132 people on board in China. China’s civil aviation authority said a Boeing 737-800 jet operated by China Eastern Airlines crashed Monday in the southern region of Guangxi. There was no immediate word on the fate of the 123 passengers and nine crew members. Boeing told The Associated Press that it’s aware of the initial reports of the crash and was “working to gather more information.” The incident comes as the company has been trying to recover its reputation after a number of major crashes in recent years.
U.S. oil prices on Monday gained 4% to $109 per barrel as European Union nations considered joining the United States’ Russian oil embargo, while a weekend attack on Saudi oil facilities raised concerns.
Goldman Sachs (GS) is close to announcing that it’s the first major U.S. bank to trade an over-the-counter crypto transaction. Goldman traded a bitcoin-linked instrument called a non-deliverable option with crypto merchant bank Galaxy Digital, according to the two firms.
President Joe Biden has added a stop in Poland to his trip this week to Europe for urgent talks with NATO and European allies about Russia’s offensive in Ukraine. Poland, a crucial ally in the Ukraine crisis, is hosting thousands of American troops and taking in more Ukrainian refugee than any other nation. White House officials have said Biden has no plans to travel to Ukraine.
U.S. futures are lower, European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is down three-tenths of a cents at $4.252 per gallon.
Earnings Reports
Nike (NKE) reports earnings on 3/21/2022 after the market close.
Walgreens (WBA) reports earnings on 3/31/2022 before the market open.
Today’s Featured Dow Stock
Amgen (AMGN) 236.25 (+0.17%) is up +5.01% in 2022.
Financial Calendar
08:00 AM ET FOMC Member Bostic Speaks
08:30 AM ET Chicago Fed National Activity (Feb)
10:00 AM ET Fed Chair Powell Speaks
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction