There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Intel (INTC) 26.97 (-2.00%), JPMorgan (JPM) 106.79 (-2.15%), Visa (V) 180.59 (-1.83%) and Verizon (VZ) 38.93 (-1.49%).

The Market

Premarket today, the Dow was indicated to open up +275 points.

Monday the Dow closed down -329.60 (-1.11%) at 29,260.81.

Year-to-date the Dow is down -19.48%.

Monday, (4) Dow stocks were up, (4) were at 52-week lows and none were at 52-week highs.

The Dow stock winners Monday were led by Walmart (WMT) 131.31 (+0.96%), Apple (AAPL) 150.77 (+0.23%) and Procter & Gamble (PG) 135.71 (+0.10%).

The Dow stock losers Monday were led by Travelers (TRV) 150.60 (-3.14%), Boeing (BA) 127.34 (-2.99%) and Chevron (CVX) 140.96 (-2.63%).

The 10 YR yield closed Monday at 3.915% and the VIX at 32.26 (+7.82%). The 10 YR is currently at 3.901 and VIX is at 31.09 (-3.63%).

The Cboe Volatility Index, also known as the VIX or the “fear gauge,” on Monday hit its highest level since the middle of June, the last time markets were in the pits this year.

President Joe Biden on Monday unveiled his plan to beef up competition in key industries. Part of that, Biden said, involves cracking down on fees charged to customers by banks, hotels and cell phone providers, among other businesses. “Families shouldn’t have to pay these fees,” he said. “It’s all taking money out of the pockets of average Americans.” Biden is also looking to improve competition in the meat industry – one of his administration’s favorite targets in the inflation blame game – whose prices are generally set by a few huge producers.

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

The national average price of gasoline is up 2.2 cents at $3.747 per gallon.

Latest Dow 30 Earnings Reports

Nike (NKE) reports earnings on 9/29/2022 after the market close.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 140.96 (-2.63%) is up +20.12% in 2022.

06:15 AM ET Chicago Fed President Evans Speaks
08:30 AM ET Core Durable Goods Orders (MoM) (Aug), 0.2%, 0.2%
08:30 AM ET Durable Goods Orders (MoM) (Aug), -0.4%, -0.1%
08:30 AM ET Durables Excluding Defense (MoM) (Aug), 1.1%
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (Aug), 0.2%, 0.3%
08:55 AM ET Redbook (YoY), 10.5%
09:00 AM ET House Price Index (MoM) (Jul), 0.1%
09:00 AM ET House Price Index (YoY) (Jul), 16.2%
09:00 AM ET House Price Index (Jul), 398.0
09:00 AM ET S&P/CS HPI Composite – 20 s.a. (MoM) (Jul), 0.2%, 0.4%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (MoM) (Jul), 0.4%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (YoY) (Jul), 17.0%, 18.6%
09:55 AM ET FOMC Member Bullard Speaks
10:00 AM ET CB Consumer Confidence (Sep), 104.5, 103.2
10:00 AM ET New Home Sales (MoM) (Aug), -12.6%
10:00 AM ET New Home Sales (Aug), 500K, 511K
10:00 AM ET Richmond Manufacturing Index (Sep), -8
10:00 AM ET Richmond Manufacturing Shipments (Sep), -8
10:00 AM ET Richmond Services Index (Sep), -12
10:30 AM ET Dallas Fed Services Revenues (Sep), 7.2
10:30 AM ET Texas Services Sector Outlook (Sep), -5.7
13:00 AM ET 5-Year Note Auction, 3.230%
16:30 PM ET API Weekly Crude Oil Stock, 1.035M