Dow stocks at 52 week highs include Disney (DIS). There are no Dow stock 52 week lows.

The Market

Premarket, the Dow was indicated to open down -95 points.

Wednesday, the Dow closed down -30.83 (-0.19%) at 15,963.94.

Year-to-date the Dow is down -3.70%

Cisco (CSCO) fell nearly 4% in after-hours trading after it reported Q2 adjusted EPS of 47 cents, higher than consensus of 46 cents, but said revenue in the current quarter will be $11.2 billion to $11.5 billion, at the low end of consensus of $11.3 billion. The company also raised its dividend.

New unemployment claims rose to 339,000 in the week to February 8, down from 331,000 the previous week. The four-week moving average moved up to 336,750, compared to 333,250 last week and 356,500 a year ago.

European stocks are lower and Asian stocks ended lower.

The national average price of gasoline is up a penny to $3.327 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 1/14/14 of $1.40/share before the market open.

Goldman Sachs (GS) reported earnings on 1/16/14 of $4.60/share before the market open beating consensus of $4.18/share.

American Express (AXP) reported earnings of $1.25/share on 1/16/14 after the market close.

Intel (INTC) reports earnings on 1/15/14 after the market close.

United Health (UNH) reported earnings of $1.41/share on 1/16/14 before the market open.

General Electric reported earnings of $0.53/share on 1/17/14 before the market open meeting consensus.

Johnson & Johnson (JNJ) reported earnings of $1.24/share on 1/21/14 before the market open.

Travelers (TRV) reported earnings of $2.68/share on 1/21/14 before the market open beating consensu.

Verizon (VZ) reported earnings of $0.66/share on 1/21/14 before the market open beating consensus.

International Business Machines (IBM) will report earnings on 1/21/14 after the market close.

United Technologies reported earnings of $1.58, higher than consensus of $1.53, on 1/22/14 before the market open.

McDonalds (MCD) reported earnings of $1.40/share on 1/23/14 before the market open, beating consensus by a penny.

Microsoft (MSFT) reported earnings of $0.78/share on 1/23/14 after the market close, beating consensus of $0.68/share.

Procter & Gamble (PG) reported earnings on 1/24/14 before the market open of $1.21/share, beating consensus of $1.20.

Caterpillar (CAT) reported earnings of $1.54/share on 1/27/14 before the market open, beating consensus of $1.28/share..

Dupont (DD) reported earnings on 1/28/14 before the open of $0.59/share beating consensus of $0.55/share.

General Electric (GE) reports earnings on 1/28/14 before the open.

Pfizer (PFE) reported earnings on 1/28/14 before the open of $0.56/share beating consensus of $0.52/share.

AT&T (T) reported adjusted earnings on 1/28/14 after the market close of $0.53/share, beating consensus of $0.50/share.

Boeing (BA) reported core earnings on 1/29/14 before the market open of $1.88/share, beating consensus of $1.57/share.

3M (MMM) reported earnings on 1/30/14 before the market open of $1.62/share, meeting consensus.

Visa (V) reported earnings on 1/30/14 before the market open of $2.20/share, beating consensus of $2.16/share.

Exxon Mobil (XOM) reported earnings on 1/30/14 before the market open of $1.91/share, missing consensus of $1.92.

Chevron (CVX) reported earnings on 1/31/14 before the market open of $2.57/share, missing consensus of $2.60/share.

Merck (MRK) reported earnings on 2/5/14 before the market open of $0.88/share, below consensus of $0.89/share.

Disney (DIS) reported earnings on 2/5/14 after the market close of $1.04/share, beating consensus of $0.92/share.

Cisco (CSCO) reported earnings on 2/12/14 after the market close of $0.47/share, beating consensus of $0.46/share..

Coca Cola (KO) reports earnings on 2/18/14 before the market open.

Wal-Mart Stores Inc (WMT) reports earnings on 2/20/14 before the market open.

Home Depot Inc. (HD) reports earnings on 2/25/14 before the market open.

Notable earnings reports include:

Cisco (CSCO) reported second quarter EPS of $0.47, beating the consensus estimate of $0.46. Revenue of $11.2 billion beat the consensus estimate of $11.3 billion.

Alpha Natural Resources (ANR) reported fourth quarter EPS of -$0.52, beating the consensus estimate of -$0.61. Revenue of $1.1 billion missed the consensus estimate of $1.02 billion.

Deere & Company (DE) reportedfirst quarter EPS of $1.81, beating the consensus estimate of $1.53. Revenue of $7.65 billion beat the consensus estimate of $6.62 billion.

MetLife (MET) reported fourth quarter EPS of $1.37, beating the consensus estimate of $1.30. Revenue of $18.38 billion beat the consensus estimate of $17.43 billion.

Talisman Energy (TLM) reported fourth quarter EPS of -$0.11, missing the consensus estimate of $0.01. Revenue of $929 million missed the consensus estimate of $1.46 billion.

Whole Foods Market (WFM) reported first quarter EPS of $0.42, missing the consensus estimate of $0.44. Revenue of $4.2 billion missed the consensus estimate of $4.3 billion.

Other stocks expected to report earnings today include:

American International Group (AIG) is projected to post its Q4 earnings at $0.96 per share on revenue of $8.56 billion.

Avon Products (AVP) is estimated to report its Q4 earnings at $0.30 per share on revenue of $2.75 billion.

Discovery Communications (DISCA) is projected to report its Q4 earnings at $0.92 per share on revenue of $1.56 billion.

Pepsico (PEP) is estimated to report its Q4 earnings at $1.01 per share on revenue of $20.16 billion.

Today’s Featured Dow Stock

Merck & Co Inc. (MRK)

Merck & Co Inc. (MRK) is up +9.89% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -1,000 to 330,000, previous -20,000 to 331,000. Weekly continuing claims expected -4,000 to 2.960 million, previous +15,000 to 2.964 million.

0830 ET Jan retail sales expected unch and +0.1% ex autos, Dec +0.2% and +0.7% ex autos.

0830 ET USDA weekly Export Sales.

1000 ET Dec business inventories expected +0.4%, Nov +0.4%.

1030 ET Fed Chair Janet Yellen testifies on the economy before the Senate Banking Committee.

1100 ET Treasury announces amount of 30-year TIPS to be auctioned Feb 20 (previous $7 billion).

1300 ET Treasury auctions $16 billion 30-year T-bonds.