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

The Market

Premarket today, the Dow was indicated to open down -65 points.

Wednesday, the Dow closed up +15.31 (+0.09%) at 17,122.01.

Year-to-date the Dow is up +3.29%.

Dow stock winners Wednesday included UnitedHealth (UNH) +1.48% and Pfizer (PFE) +0.96%.

Dow stock losers Wednesday included United Technologies (UTX) -0.54% and 3M (MMM) -0.46%.

There were 17 Dow stock winners Wednesday.

Gross domestic product, the value of all goods and services produced, rose at a 4.2 percent annualized rate, up from an initial estimate of 4 percent and following a first-quarter contraction, Commerce Department figures showed today in Washington. The median economists forecast called for a 3.9 percent gain. Corporate profits climbed by the most in almost four years.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up three-tenths of a cent at $3.434 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Notable earnings reports from Wednesday include:

Brown Forman (BFB) reported report first quarter EPS of $0.70 on revenue of $921 million, compared to last year’s EPS of $0.66 on revenue of $896 million.

Brown Shoe Company (BWS) reported second quarter EPS of $0.41 on revenue of $635.90 million, compared to last year’s EPS of $0.33 on revenue of $621.71 million.

Seadrill Limited (SDRL) reported second quarter EPS of $1.24 on revenue of $1.22 billion, compared to last year’s EPS of $0.78 on revenue of $1.27 billion.

Tiffany & Co. (TIF) reported second quarter EPS of $0.96 on revenue of $992.93 million, compared to last year’s EPS of $0.83 on revenue of $925.88 million.

Stocks reporting earnings today include:

Abercrombie & Fitch (ANF) is expected to report second quarter EPS of $0.11 on revenue of $909.22 million, compared to last year’s EPS of $0.14 on revenue of $945.70 million.

Dollar General (DG) is expected to report second quarter EPS of $0.77 on revenue of $4.77 billion, compared to last year’s EPS of $0.77 on revenue of $4.39 billion.

Genesco (GCO) is expected to report second quarter EPS of $0.55 on revenue of $614.96 million, compared to last year’s EPS of $0.56 on revenue of $574.75 million.

Today’s Featured Dow Stock

Procter & Gamble Co. (PG)

Procter & Gamble Co. (PG) is up 2.33% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +2,000 to 300,000, previous -14,000 to 298,000. Weekly continuing claims expected +10,000 to 2.510 million, previous -49,000 to 2.500 million.

0830 ET Q2 GDP revision expected +3.9% vs prelim +4.0%. Q2 GDP personal consumption expected revised to +2.4% from +2.5%. Q2 GDP Price index expected unrevised at +2.0%. Q2 core PCE expected unrevised at +2.0%.

0830 ET USDA weekly Export Sales.

1000 ET Jul pending home sales expected +0.5% m/m and -3.9% y/y, Jun -1.1% m/m and -4.5% y/y.

1100 ET Aug Kansas City Fed manufacturing activity expected -2 to 7, Jul +3 to 9.

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