Dow stocks hitting 52-week highs include Amgen (AMGN) 425.28 (+1.41%) and Merck (MRK) 135.17 (-0.59%). Dow stocks hitting 52-week lows include Nike (NKE) 39.09 (-4.03%).
The Market
Premarket today, the Dow was indicated to be up +254 points.
Tuesday the Dow closed down -116.38 (-0.22%) at 53,343.40.
Year-to-date the Dow is up +10.99%.
Tuesday, (18) Dow stocks were up, none made 52-week lows, and (2) made 52-week highs.
The Dow stock winners Tuesday were led by Johnson & Johnson (JNJ) 271.11 (+3.33%), Salesforce (CRM) 196.14 (+2.71%) and Nike (NKE) 40.06 (+2.48%).
The Dow stock losers Tuesday were led by Caterpillar (CAT) 840.87 (-4.63%), Nvidia (NVDA) 219.74 (-2.34%) and Sherwin Williams (SHW) 345.27 (-1.34%).
The VIX closed Tuesday at 15.19 (+6.60%) and the 10 YR at 4.722 (+0.58%). The VIX is currently at 15.13 (-4.48%). The 10YR is at 4.643 (-1.38%).
U.S. stock futures jumped on Wednesday as Treasury yields fell after the Treasury Department announced an increased buyback operation for longer-term debt. The Treasury Department on Wednesday said it will more than double the size of its government debt repurchases, sending yields sharply lower.
The latest Federal Open Market Committee meeting minutes are set to release Wednesday afternoon. Investors will likely take a keen eye to the minutes, given the sharp divisions within the central bank. At the July meeting, there were three dissenters voting to hike rates, a division that investors will seek greater detail on.
U.S. futures are higher, European stocks are mostly higher and Asian markets ended mostly lower.
The national average price of gasoline is up +0.0206 at $4.0860 per gallon.
Earnings Reports
Nike (NKE) reported earnings on 6/30/26 after the market close with $0.72, beating estimates for $0.11 per share.
Goldman Sachs (GS) reported earnings on 7/14/26 before the market open with $20.98, beating estimates for $14.473 per share.
JPMorgan (JPM) reported earnings on 7/14/26 before the market open with $7.70, beating estimates for $5.591 per share.
Johnson & Johnson (JNJ) reported earnings on 7/15/26 before the market open with $2.90, beating estimates for $2.85 per share.
UnitedHealth (UNH) reported earnings on 7/16/26 before the market open with $6.38, beating estimates for $4.874 per share.
Travelers (TRV) reported earnings on 7/17/26 before the market open with $10.04, beating estimates for $5.207 per share.
3M (MMM) reported earnings on 7/21/26 before the market open with $2.40, beating estimates for $2.271 per share.
Alphabet (GOOG) reported earnings on 7/22/26 after the market close with $9.11, beating estimates for $2.87 per share.
IBM (IBM) reported earnings on 7/22/26 after the market close with $2.93, beating estimates for $2.271 per share.
Honeywell (HON) reported earnings on 7/23/26 before the market open with $4.52, meeting estimates for $2.93 per share.
American Express (AXP) reported earnings on 7/24/26 before the market open with $4.53, beating estimates for $4.407 per share.
Boeing (BA) reported earnings on 7/28/26 before the market open with -$0.76, missing estimates for -$0.338 per share.
Coca Cola (KO) reported earnings on 7/28/26 before the market open with $0.97, beating estimates for $0.92 per share.
Sherwin (SHW) reported earnings on 7/28/26 before the market open with $3.70, beating estimates for $3.52 per share.
Visa (V) reported earnings on 7/28/26 after the market close with $3.226, beating estimates for $3.32 per share.
Procter & Gamble (PG) reported earnings on 7/29/26 before the market open with $1.43, beating estimates for $1.413 per share.
Microsoft (MSFT) reported earnings on 7/29/26 after the market close with $4.74, beating estimates for $4.209 per share.
Amazon (AMZN) reported earnings on 7/30/26 after the market close with $1.826, beating estimates for $5.75 per share.
Apple (AAPL) reported earnings on 7/30/26 after the market close with $2.02, beating estimates for $1.884 per share.
Chevron (CVX) reported earnings on 7/31/26 before the market open with $6.06, beating estimates for $5.804 per share.
Caterpillar (CAT) reported earnings on 8/4/26 before the market open with $8.17, beating estimates for $6.245 per share.
McDonald’s (MCD) reported earnings on 8/4/26 before the market open with $3.38, beating estimates for $3.32 per share.
Amgen (AMGN) reported earnings on 8/4/26 after the market close with $6.29, beating estimates for $5.599 per share.
Merck (MRK) reported earnings on 8/4/26 before the market open with -$0.13, beating estimates for -$0.263 per share.
Disney (DIS) reported earnings on 8/5/26 before the market open with $2.06, beating estimates for $1.879 per share.
Cisco (CSCO) reported earnings on 8/12/26 after the market close with $1.22, beating estimates for $0.987 per share.
Home Depot (HD) reported earnings on 8/18/26 before the market open with $4.79, beating estimates for $4.58 per share.
Walmart (WMT) reports earnings on 8/20/26 before the market open.
Nvidia (NVDA) reports earnings on 8/26/26 after the market close.
Salesforce (CRM) reports earnings on 8/26/26 after the market close.
Today’s Featured Dow Stock
Merck (MRK) 
Merck (MRK) 135.17 (-0.59%) is up +33.71% in 2026.
Financial Calendar
07:00 AM ET MBA 30-Year Mortgage Rate, 6.77%
07:00 AM ET MBA Mortgage Applications (WoW), 3.6%
07:00 AM ET MBA Purchase Index, 157.9
07:00 AM ET Mortgage Market Index, 248.6
07:00 AM ET Mortgage Refinance Index, 744.4
10:30 AM ET Crude Oil Inventories, 17.423M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.026M
10:30 AM ET Crude Oil Imports, 1.768M
10:30 AM ET Cushing Crude Oil Inventories, 1.611M
10:30 AM ET Distillate Fuel Production, 0.050M
10:30 AM ET EIA Weekly Distillates Stocks, -0.010M
10:30 AM ET Gasoline Production, -0.001M
10:30 AM ET Heating Oil Stockpiles, 0.192M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), -0.3%
10:30 AM ET Gasoline Inventories, -0.968M
13:00 PM ET 20-Year Bond Auction, 5.163%
14:00 PM ET FOMC Meeting Minutes
