There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -434 points.

Friday the Dow closed down -333.59 (-0.77%) at 42,990.21.

Year-to-date the Dow is up +14.07%.

Friday, (2) Dow stocks were up, none made 52-week lows, and none made 52-week highs.

The Dow stock winners Friday were Boeing (BA) 180.72 (+0.19%) and Chevron (CVX) 144.00 (+0.01%). 16.

The Dow stock losers Friday were led by Nvidia (NCDA) 137.01 (-2.09%), Microsoft (MSFT) 430.53 (-1.73%), Amazon (AMZN) 223.75 (-1.45%) and Apple (AAPL) 255.59 (-1.32%).

The VIX closed Friday at 14.73 (+8.28%) and the 10 YR at 4.626 (+1.07%). The VIX is currently at 18.30 (+14.73%). The 10YR is at 4.559 (-1.28%).

Looks like more profit taking today.

Boeing (BA) shares slide a bit after South Korea ordered an inspection of all B737-800 planes in the wake of the deadly Jeju Air crash over the weekend.

U.S. Treasury yields pulled back on Monday morning after Friday’s advance in the 10-year’s pressured stocks. The 10-year Treasury yield slid more than 4 basis points to 4.575% on Monday, notably trading below the closely followed 4.6% level. The 2-year Treasury yield also fell around 4 basis points, last sitting at 4.285%.

The small cap benchmark Russell 2000 is down 7.81% in December so far, which would be the worst month for the index since September 2022.

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

The national average price of gasoline is up one-tenth of a cent at $3.026 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/24 after the market close with $0.78, beating estimates for $0.63 per share.

UnitedHealth (UNH) reports earnings on 1/10/24 before the market open.

JPMorgan (JPM) reports earnings on 1/15/24 before the market open.

Goldman Sachs (GS) reports earnings on 1/16/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 1/22/24 before the market open.

Procter & Gamble (PG) reports earnings on 1/22/24 before the market open.

Travelers (TRV) reports earnings on 1/22/24 before the market open.

American Express (AXP) reports earnings on 1/24/24 before the market open.

Verizon (VZ) reports earnings on 1/24/24 before the market open.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) 241.17 (-0.81%) is up +41.78% in 2024.

Financial Calendar

09:45 AM ET Chicago PMI (Dec), 42.7, 40.2
10:00 AM ET Pending Home Sales (MoM) (Nov), 0.9%, 2.0%
10:00 AM ET Pending Home Sales Index (Nov), 77.4
10:30 AM ET Dallas Fed Mfg Business Index (Dec), -2.7
11:30 AM ET 3-Month Bill Auction, 4.240%
11:30 AM ET 6-Month Bill Auction, 4.170%
15:30 PM ET CFTC Aluminium speculative net positions, 2.5K
15:30 PM ET CFTC Copper speculative net positions, 5.9K
15:30 PM ET CFTC Corn speculative net positions, 221.8K
15:30 PM ET CFTC Crude Oil speculative net positions, 230.0K
15:30 PM ET CFTC Gold speculative net positions, 262.0K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, 36.1K
15:30 PM ET CFTC Natural Gas speculative net positions, -128.2K
15:30 PM ET CFTC S&P 500 speculative net positions, -39.9K
15:30 PM ET CFTC Silver speculative net positions, 40.3K
15:30 PM ET CFTC Soybeans speculative net positions, -109.3K
15:30 PM ET CFTC Wheat speculative net positions, -79.3K