Dow stocks hitting 52-week highs include Apple (AAPL) 185.27 (-0.76%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -15 points.

Monday the Dow closed down -12.72 (-0.04%) at 33,714.71.

Year-to-date the Dow is up +1.71%.

Monday, (16) Dow stocks were up, none were at 52-week lows and none were at 52-week highs.

The Dow stock winners Monday were led by Home Depot (HD) 307.89 (+2.35%), Nike (NKE) 111.74 (+2.03%) and Chevron (CVX) 154.01 (+1.76%).

The Dow stock losers Monday were led by Microsoft (MSFT) 328.60 (-1.92%), Visa (V) 226.30 (-1.42%) and Merck (MRK) 113.08 (-1.33%).

The VIX closed Monday at 14.25 (+6.03%) and the 10 YR at 3.715 (-0.03%). The VIX is currently at 14.25 (0.00%). The 10YR is at 3.727 (+0.30%).

Yesterday was the sixth consecutive negative session for the 30-stock Dow, its longest losing streak since September 2022.

Walgreens (WBA) reported weaker-than-expected earnings and slashed its full-year profit guidance. Shares dropped more than 8% in the premarket. So shares are now down about -23% year-to-date.

Demand for long-lasting goods such as televisions, appliances and transportation equipment unexpectedly jumped in May, the Commerce Department reported Tuesday. Durable goods orders accelerated 1.7% for the month, faster than the 1.2% in April and far ahead of the Dow Jones estimate for a decline of 1%. Even excluding transportation, the total rose 0.6%, and it increased 3% excluding a 14.7% plunge in defense orders.

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

The national average price of gasoline is down nine-tenths of a cent at $3.564 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2023 before the market open with $1.00, missing estimates of $1.069 per share.

Nike (NKE) reports earnings on 6/29/2023 after the market close.

Today’s Featured Dow Stock

Walgreens (WBA)

Walgreens (WBA) 31.59 (+0.61%) is down -15.44% in 2023.

Financial Calendar

08:00 AM ET Building Permits, 1.491M, 1.417M
08:00 AM ET Building Permits (MoM), 5.2%, -1.4%
08:30 AM ET Core Durable Goods Orders (MoM) (May), -0.2%, -0.2%
08:30 AM ET Durable Goods Orders (MoM) (May), -1.0%, 1.1%
08:30 AM ET Durables Excluding Defense (MoM) (May), -0.7%
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (May), 1.4%
08:55 AM ET Redbook (YoY), 0.9%
09:00 AM ET House Price Index (YoY) (Apr), 3.1%, 3.6%
09:00 AM ET House Price Index (MoM) (Apr), 0.3%, 0.6%
09:00 AM ET House Price Index (Apr), 402.1, 398.0
09:00 AM ET S&P/CS HPI Composite – 20 s.a. (MoM) (Apr), 0.5%, 0.5%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (MoM) (Apr), 1.5%, 1.5%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (YoY) (Apr), -2.3%, -1.1%
10:00 AM ET CB Consumer Confidence (Jun), 103.7, 102.3
10:00 AM ET New Home Sales (MoM) (May), 4.1%
10:00 AM ET New Home Sales (May), 670K, 683K
10:00 AM ET Richmond Manufacturing Index (Jun), -10, -15
10:00 AM ET Richmond Manufacturing Shipments (Jun), -13
10:00 AM ET Richmond Services Index (Jun), 7, -10
10:30 AM ET Dallas Fed Services Revenues (Jun), 6.0, 6.9
10:30 AM ET Texas Services Sector Outlook (Jun), -17.3
13:00 PM ET 5-Year Note Auction, 3.749%
16:30 PM ET API Weekly Crude Oil Stock, -1.246M