Dow stocks hitting 52-week highs include Johnson & Johnson (JNJ) 165.42 (-1.11%). Dow stock 52-week lows include Microsoft (MSFT) 388.61 (+0.03%).
The Market
Premarket today, the Dow was indicated to be down -48 points.
Tuesday the Dow closed down -670.25 (-1.55%) at 42,520.99.
Year-to-date the Dow is down -0.05%.
Tuesday, (6) Dow stocks were up, (1) made 52-week lows, and (1) made 52-week highs.
The Dow stock winners Tuesday were led by Nvidia (NVDA) 115.99 (+1.69%), UnitedHealth (UNH) 474.61 (+1.62%) and IBM (IBM) 253.21 (+1.21%).
The Dow stock losers Tuesday were led by Boeing (BA) 158.90 (-6.56%), 3M (MMM) 145.86 (-4.93%) and American Express (AXP) 283.47 (-4.07%).
The VIX closed Tuesday at 23.51 (+3.20%) and the 10 YR at 4.240 (+1.36%). The VIX is currently at 23.86 (+1.57%). The 10YR is at 4.208 (-0.12%).
The Dow tumbled Tuesday on tariff concerns.
This morning’s ADP private payroll report showed far less job growth in February than predicted by economists. That release added to a growing stack of data points that have raised alarm that the U.S. economy is slowing down. Companies added just 77,000 new workers for the month, well off the upwardly revised 186,000 in January and below the consensus estimate for 148,000, according to seasonally adjusted figures from ADP. The total was the smallest increase since July and comes at a time when worries are rising that economic growth is slowing and worries brew that President Donald Trump’s tariff plans will spark another round of inflation. ADP said annual pay rose 4.7% in February, the same as the prior month.
The Cboe Volatility Index, known as the VIX, has jumped above the 20 threshold during each of the last seven sessions as Trump’s trade war ramped up. It’s the longest steak the index has traded above the 20 level on an intraday basis since mid-October.
U.S. futures are mostly lower, European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is up eight-tenths of a cent at $3.107 per gallon.
Earnings Reports
Nike (NKE) reports earnings on 3/20/25 after the market close.
Today’s Featured Dow Stock
UnitedHealth (UNH) 474.61 (+1.62%) is down -6.18% in 2025.
Financial Calendar
07:00 AM ET MBA 30-Year Mortgage Rate, 6.88%
07:00 AM ET MBA Mortgage Applications (WoW), -1.2%
07:00 AM ET MBA Purchase Index, 144.3
07:00 AM ET Mortgage Market Index, 212.3
07:00 AM ET Mortgage Refinance Index, 572.5
08:15 AM ET ADP Nonfarm Employment Change (Feb), 144K, 183K
09:45 AM ET S&P Global Composite PMI (Feb), 50.4, 52.7
09:45 AM ET S&P Global Services PMI (Feb), 49.7, 52.9
10:00 AM ET Durables Excluding Defense (MoM) (Jan), 3.5%
10:00 AM ET Durables Excluding Transport (MoM) (Jan), 0.0%
10:00 AM ET Factory Orders (MoM) (Jan), 1.5%, -0.9%
10:00 AM ET Factory orders ex transportation (MoM) (Jan), 0.3%
10:00 AM ET ISM Non-Manufacturing Business Activity (Feb), 54.5
10:00 AM ET ISM Non-Manufacturing Employment (Feb), 52.3
10:00 AM ET ISM Non-Manufacturing New Orders (Feb), 51.3
10:00 AM ET ISM Non-Manufacturing PMI (Feb), 53.0, 52.8
10:00 AM ET ISM Non-Manufacturing Prices (Feb), 60.4
10:00 AM ET Total Vehicle Sales (Feb), 15.60M
10:30 AM ET Crude Oil Inventories, -2.332M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.317M
10:30 AM ET Crude Oil Imports, 0.292M
10:30 AM ET Cushing Crude Oil Inventories, 1.282M
10:30 AM ET Distillate Fuel Production, 0.439M
10:30 AM ET EIA Weekly Distillates Stocks, 3.908M
10:30 AM ET Gasoline Production, -0.020M
10:30 AM ET Heating Oil Stockpiles, 0.134M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 1.6%
10:30 AM ET Gasoline Inventories, 0.369M

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