There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket, the Dow was indicated to open up +13 points.

Wednesday, the Dow closed down -89.84 (-0.56%) at 16,040.56.

Year-to-date the Dow is down -3.23%.

Wal-Mart (WMT) reported Q4 EPS of $1.60, better than consensus of $1.59 but missed on revenue.

Tesla beat on earnings and are up +11%.

European stocks are lower and Asian stocks ended lower.

The national average price of gasoline is up eight-tenths of a cent to $3.383 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) reported earnings on 2/18/14 before the market open of $0.46/share, meeting expectations.

Wal-Mart Stores Inc (WMT) reported earnings on 2/20/14 before the market open of $1.60/share, better than consensus of $1.59/share.

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

Notable earnings reports include:

MGM Resorts (MGM) reported fourth quarter EPS of -$0.08, missing the consensus of -$0.01. Revenue of $2.5 billion beat the consensus estimate of $2.46 million.

Safeway (SWY) reported fourth quarter EPS of $0.53, beating the consensus estimate of $0.58. Revenue of $11.3 billion missed the consensus estimate of $11.48 billion

Tesla (TSLA) reported fourth quarter EPS of $0.33, beating the consensus estimate of $0.21. Revenue of $615.29 million missed the consensus estimate of $657.15.

Other stocks expected to report earnings today include:

Actavis plc (ACT) is expected to report its Q4 earnings at $3.04 per share on revenue of $2.66 billion.

DIRECTV (DTV) is projected to report its Q4 earnings at $1.28 per share on revenue of $8.47 billion.

Groupon (GRPN) is estimated to post its Q4 earnings at $0.02 per share on revenue of $718.04 million.

Hewlett-Packard Company (HPQ) is estimated to post its Q1 earnings at $0.84 per share on revenue of $27.19 billion.

priceline.com (PCLN) is projected to post its Q4 earnings at $8.29 per share on revenue of $1.52 billion.

Wal-Mart Stores (WMT) is expected to report its Q4 earnings at $1.59 per share on revenue of $130.23 billion.

Today’s Featured Dow Stock

Procter & Gamble Co. (PG)

Procter & Gamble Co. (PG) is up +4.02% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -4,000 to 335,000, previous +8,000 to 339,000. Weekly continuing claims expected +17,000 to 2.970 million, previous -18,000 to 2.953 million.

0830 ET Jan CPI expected +0.1% m/m and +1.6% y/y, Dec +0.3% m/m and +1.5% y/y. Jan CPI ex food & energy expected +0.1% m/m and +1.6% y/y, Dec +0.1% m/m and +1.7% y/y.

1000 ET Feb Philadelphia Fed manufacturing index expected -1.4 to 8.0, Jan +3.0 to 9.4.

1000 ET Jan leading indicators expected +0.4%, Dec +0.1%.

1100 ET EIA Weekly Petroleum Status Report.

1100 ET Treasury announces amounts of 2-year T-notes (previous $32 billion), 2-year floating rate notes (previous $15 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Feb 25-27.

1300 ET Treasury auctions $9 billion of 30-year TIPS.