Dow stocks hitting 52-week highs include Merck (MRK) 106.62 (-0.15%). There were no Dow stocks hitting 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -20 points.

Monday the Dow closed down -249.04 (-0.51%) at 48,461.93.

Year-to-date the Dow is up +13.91%.

Monday, (9) Dow stocks were up, none made 52-week lows, and (1) made 52-week highs.

The Dow stock winners Monday were led by Walmart (WMT) 112.53 (+0.71%), Chevron (CVX) 150.99 (+0.65%) and Disney (DIS) 114.19 (+0.55%).

The Dow stock losers Monday were led by Goldman Sachs (GS) 892.18 (-1.64%), American Express (AXP) 375.32 (-1.50%) and JPMorgan (JPM) 323.75 (-1.27%).

The VIX closed Monday at 14.20 (+4.41%) and the 10 YR at 4.115 (-0.58%). The VIX is currently at 14.50 (+2.11%). The 10YR is at 4.139 (+0.41%).

Today, traders will be watching for home price data due at 9 a.m. ET. The Federal Reserve’s December meeting minutes are also expected, slated for a 2 p.m. release.

Silver futures jumped 7% early Tuesday, continuing 2025?s rollercoaster ride for precious metals. Silver futures for March delivery were up 7.2% to last trade at $75.53 an ounce at 7:25 a.m. Eastern time, bringing year-to-date gains to 158%.

Bitcoin is poised to end 2025 in the red. Bitcoin has fallen roughly 6% since the beginning of the year, a stunning reversal from its ascent to record highs at various points throughout 2025. The token was last trading at $87,850, Coin Metrics data shows. Its losses have mounted over the past three months, with the cryptocurrency shedding 23% during that period. Although Bitcoin is struggling to reclaim the $90,000 mark, it has recovered from its recent lows. The digital asset plunged to about $80,000 in late November, marking its lowest level in more than six months. Bitcoin has largely been in the red since cascading liquidations of highly leveraged crypto positions kneecapped the digital assets market in mid-October. A few days before the liquidations, the token rallied to a new all-time high of a little more than $126,000.

With two trading sessions left in 2025, the three major averages are on pace for double-digit gains in the year. The S&P 500 is on pace for a +17.4% advance, while the Nasdaq Composite is up more than +21% in 2025. The Dow Industrials are the laggard, only up +13.91% on the year.

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

The national average price of gasoline is up nine-tenths of a cent at $2.834 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/18/2025 after the market close with $0.53, beating estimates for $0.38 per share.

JPMorgan (JPM) reports earnings on 1/13/2026 after the market close.

Goldman Sachs (GS) reports earnings on 1/15/2026 before the market open.

3M (MMM) reports earnings on 1/20/2026 before the market open.

Johnson & Johnson (JNJ) reports earnings on 1/21/2026 before the market open.

Travelers (TRV) reports earnings on 1/21/2026 before the market open.

Procter & Gamble (PG) reports earnings on 1/22/2026 before the market open.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) 308.53 (-0.69%) is up +6.43% in 2025.

Financial Calendar

08:55 AM ET Redbook (YoY), 7.2%
09:00 AM ET House Price Index (MoM) (Oct), 0.1%, 0.0%
09:00 AM ET House Price Index (YoY) (Oct), 1.7%
09:00 AM ET House Price Index (Oct), 435.4
09:00 AM ET S&P/CS HPI Composite – 20 s.a. (MoM) (Oct), 0.1%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (YoY) (Oct), 1.1%, 1.4%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (MoM) (Oct), -0.5%
09:45 AM ET Chicago PMI (Dec), 39.6, 36.3
10:30 AM ET Dallas Fed Services Revenues (Dec), -2.5
10:30 AM ET Texas Services Sector Outlook (Dec), -2.3
11:30 AM ET Crude Oil Inventories, -2.000M, -1.274M
11:30 AM ET EIA Refinery Crude Runs (WoW), 0.128M
11:30 AM ET Crude Oil Imports, -0.719M
11:30 AM ET Cushing Crude Oil Inventories, -0.742M
11:30 AM ET Distillate Fuel Production, -0.228M
11:30 AM ET EIA Weekly Distillates Stocks, 0.500M, 1.712M
11:30 AM ET Gasoline Production, 0.033M
11:30 AM ET Heating Oil Stockpiles, 0.267M
11:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 0.3%
11:30 AM ET Gasoline Inventories, 1.100M, 4.808M
14:00 PM ET FOMC Meeting Minutes
16:30 PM ET API Weekly Crude Oil Stock, 2.400M