Dow stocks hitting 52-week highs include Chevron (CVX) 173.01 (+3.06%) and Merck (MRK) 92.32 (+2.11%). There are no Dow stock 52-week lows.
Premarket today, the Dow was indicated to open up +424 points.
Monday the Dow closed up +26.76 (+0.08%) at 32,223.42.
Year-to-date the Dow is down -11.32%.
There were 17 Dow stocks up Monday.
The Dow stock winners Monday were led by Chevron (CVX) 173.01 (+3.06%), Merck (MRK) 92.32 (+2.11%) and Verizon (VZ) 49.04 (+1.78%).
The Dow stock losers Monday were led by Boeing (BA) 124.05 (-2.48%), Disney (DIS) 105.18 (-2.00%) and Salesforce (CRM) 164.12 (-1.67%).
The 10 YR yield is currently at 2.970%.
Walmart (WMT) is down 6% after mixed quarterly results due to rising costs. Home Depot (HD) is up 3.5% in the premarket after stronger quarterly results.
The 30-year Treasury yield ticked higher Tuesday to around 2.95% after the government’s before-the-bell release showed a slightly less-than-expected increase of 0.9% in April retail sales month over month. On a year over year basis, retail sales rose 8.2%. The March numbers were revised sharply higher.
It is so nice to have a higher open.
U.S. futures are higher, European stocks are higher and Asian markets ended higher.
The national average price of gasoline is up 4.0 cents at $4.523 per gallon.
Disney (DIS) reported earnings on 5/11/2022 after the market close with $1.08, missing estimates of $1.196 per share.
Home Depot (HD) reported earnings on 5/17/2022 before the market open with $4.09, beating estimates of $3.659 per share.
Walmart (WMT) reports earnings on 5/17/2022 before the market open.
Cisco (CSCO) reports earnings on 5/18/2022 after the market close.
Today’s Featured Dow Stock
Cisco (CSCO) 49.00 (-1.13%) is down -22.68% in 2022.
08:00 AM ET FOMC Member Bullard Speaks
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