Dow stocks at 52 week highs include Boeing (BA), JPMorgan (JPM) and UnitedHealth (UNH) There are no Dow stock 52 week lows.

The Market

Wednesday the Dow closed down -25.50 (-0.16%) at 15,542.24.

This morning the Dow was indicated to open down -78 points.

Year-to-date the Dow is up +18.61%.

This morning, 3M (MMM) reported second quarter earnings of $1.2 billion, or $1.71 per share, with revenue climbing nearly 3% to $7.75 billion. Earnings topped analyst estimates by a penny, but came up short on sales.

European markets are lower and Asian markets ended lower.

The national average price of gasoline is down five-tenths of a a cent to $3.655 per gallon.

Earnings Reports

3M (MMM) reports earnings on 7/25/2013 before the market open.

Merck (MRK) reports earnings on 7/30/2013 before the market open.

Pfizer (PFE) reports earnings on 7/30/2013before the market open.

Merck (MRK) will report earnings on 7/30/2013 before the market open.

Exxon Mobil (XOM) will report earnings on 8/1/2013 before the market open.

Proctor & Gamble (PG) will report earnings on 8/1/2013 before the market open.

Earnings reports from Wednesday include:

Boeing (BA) reported second quarter EPS of $1.67 vs. $1.58 expected on revenue of $21.8 billion vs. $20.78 billion expected.

Ford (F) reported second quarter EPS of $0.45 vs. $0.37 expected on revenue of $38.1 billion.

PepsiCo (PEP) reported second quarter EPS of $1.31 vs. $1.19 expected on revenue of $16.81 billion vs. $16.79 billion expected.

Delta Airlines (DAL) reported second quarter EPS of $0.98 vs. $0.95 expected on revenue of $9.71 billion vs. $9.74 billion expected.

Facebook (FB) reported second quarter EPS of $0.19 vs. $0.14 expected on revenue of $1.81 billion vs. $1.61 billion expected.

Eli Lilly (LY) reported second quarter EPS of $1.16 vs. $1.01 expected on revenue of $5.92 billion vs. $5.82 billion expected.

Qualcomm (QCOM) reported third quarter EPS of $1.03, in line, on revenue of $6.24 billion vs. $6.05 billion expected.

Visa (V) reported third quarter EPS of $1.88 vs. $1.79 expected on revenue of $3.00 billion vs. $2.89 billion expected.

Other stocks expected to report earnings today include:

3M (MMM) is expected to report second quarter EPS of $1.71 vs. $1.66 a year ago on revenue of $7.77 billion vs. $7.53 billion a year ago.

Amazon (AMZN) is expected to report second quarter EPS of $0.06 vs. $0.01 a year ago on revenue of $15.74 billion vs. $12.83 billion a year ago.

Bristol-Myers Squibb (BMY) is expected to report second quarter EPS of $0.44 vs. $0.48 a year ago on revenue of $4.05 billion vs. $4.44 billion a year ago.

General Motors (GM) is expected to report second quarter EPS of $0.75 vs. $0.90 a year ago on revenue of $38.37 billion vs. $37.6 billion a year ago.

Biogen Idec (BIIB) is expected to report second quarter EPS of $1.93 vs. $1.82 a year ago on revenue of $1.62 billion vs. $1.42 billion a year ago.

Dow Chemical (DOW) is expected to report second quarter EPS of $0.63 vs. $0.55 a year ago on revenue of $14.48 billion vs. $14.51 billion a year ago.

Starbucks (SBUX) is expected to report second quarter EPS of $0.53 vs. $0.43 a year ago on revenue of $3.72 billion vs. $3.3 billion a year ago.

Boston Scientific (BSX) is expected to report second quarter EPS of $0.09 vs. $0.11 a year ago on revenue of $1.78 billion vs. $1.83 billion a year ago.

Celgene (CELG) is expected to report second quarter EPS of $1.44 vs. $1.22 a year ago on revenue of $1.54 billion vs. $1.37 billion a year ago.

Cliffs Natural Resources (CLF) is expected to report second quarter EPS of $0.62 vs. $1.63 a year ago on revenue of $1.42 billion vs. $1.63 billion a year ago.

Microsoft (MSFT).

Microsoft (MSFT) is up +19.66% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +6,000 to 340,000, previous -24,000 to 334,000. Weekly continuing claims expected -57,000 to 3.057 million, previous +91,000 to 3.114 million.

0830 ET Jun durable goods orders expected +1.4% and +0.5% ex transportation, May +3.7% and +0.5% ex transportation.

0830 ET USDA weekly Export Sales.

1300 ET Treasury auctions $29 billion 7-year T-notes.