Dow stocks hitting 52-week highs include Johnson & Johnson (JNJ) 179.84 (-1.25%), Coca Cola (KO) 63.81 (-0.03%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +130 points.

Monday the Dow closed down -413.04 (-1.19%) at 34,308.08.

Year-to-date the Dow is down -5.59%.

There were 4 Dow stocks up Monday.

The Dow stock winners Monday were led by Verizon (VZ) 53.90 (+0.69%), Dow (DOW) 61.95 (+0.44%) and Travelers (TRV) 185.64 (+0.42%).

The Dow stock losers Monday were led by Microsoft (MSFT) 285.26 (-3.94%), American Express (AXP) 177.57 (-3.34%) and Cisco (CSCO) 52.88 (-2.58%).

The 10 YR yield is currently at 2.729%.

The 10-year U.S. Treasury yield traded at its highest point since December 2018 on Tuesday morning, reaching 2.82% before retreating somewhat to 2.798%. The yield fell further to 2.73% after the Labor Department released the March consumer price index report at 8:30 a.m. ET. Treasury yields, which move inversely to prices, have climbed rapidly in recent weeks. As recently as March 7, the 10-year U.S. Treasury yield was below 1.7%. However, yields have surged as the bond market braces for more aggressive policy tightening from the Federal Reserve

The consumer price index for March increased 8.5% on an annual basis, the largest year-over-year jump since December 1981, the Labor Department said Tuesday. That’s slightly above Dow Jones estimates of 8.4%. Core CPI, which excludes food and energy, matched expectations with an 6.5% increase.

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

The national average price of gasoline is down 1.6 cents at $4.098 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/2022 after the market close with $0.87, beating estimates of $0.732 per share.

Walgreens (WBA) reported earnings on 3/31/2022 before the market open with $1.59, beating estimates of $1.389 per share.

JPMorgan (JPM) reports earnings on 4/13/2022 before the market open.

Goldman Sachs (GS) reports earnings on 4/14/2022 before the market open.

UnitedHealth (UNH) reports earnings on 4/14/2022 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/19/2022 before the market open.

Travelers (TRV) reports earnings on 4/19/2022 before the market open.

IBM (IBM) reports earnings on 4/19/2022 after the market close.

Procter & Gamble (PG) reports earnings on 4/20/2022 before the market open.

Dow (DOW) reports earnings on 4/21/2022 before the market open.

American Express (AXP) reports earnings on 4/22/2022 before the market open.

Honeywell (HON) reports earnings on 4/22/2022 before the market open.

Verizon (VZ) reports earnings on 4/22/2022 before the market open.

Coca Cola (KO) reports earnings on 4/25/2022 before the market open.

3M (MMM) reports earnings on 4/26/2022 before the market open.

Microsoft (MSFT) reports earnings on 4/26/2022 after the market close.

Visa (V) reports earnings on 4/26/2022 after the market close.

Boeing (BA) reports earnings on 4/27/2022 before the market open.

Amgen (AMGN) reports earnings on 4/27/2022 after the market close.

Caterpillar (CAT) reports earnings on 4/28/2022 before the market open.

McDonald’s (MCD) reports earnings on 4/28/2022 before the market open.

Merck (MRK) reports earnings on 4/28/2022 before the market open.

Apple (AAPL) reports earnings on 4/28/2022 after the market close.

Intel (INTC) reports earnings on 4/28/2022 after the market close.

Chevron (CVX) reports earnings on 4/29/2022 before the market open.

Today’s Featured Dow Stock

Coca Cola (KO))

Coca Cola (KO) 63.81 (-0.03%) is up +7.77% in 2022.

Financial Calendar

08:30 AM ET Core CPI (YoY) (Mar)
08:30 AM ET Core CPI (MoM) (Mar)
08:30 AM ET Core CPI Index (Mar)
08:30 AM ET CPI (MoM) (Mar)
08:30 AM ET CPI (YoY) (Mar)
08:30 AM ET CPI Index, n.s.a. (Mar)
08:30 AM ET CPI Index, s.a (Mar)
08:30 AM ET CPI, n.s.a (MoM) (Mar)
08:30 AM ET Real Earnings (MoM) (Mar)
08:55 AM ET Redbook (YoY)
09:00 AM ET Cleveland CPI (MoM) (Mar)
10:00 AM ET IBD/TIPP Economic Optimism
12:00 PM ET EIA Short-Term Energy Outlook
12:10 PM ET FOMC Member Brainard Speaks
13:00 PM ET 10-Year Note Auction
14:00 PM ET Federal Budget Balance (Mar)