There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Caterpillar (CAT) and General Electric (GE).
The Market
Premarket today, the Dow was indicated to open up +25 points.
Wednesday, the Dow closed down -186.59 (-1.06%) at 17,427.09.
Year-to-date the Dow is down -2.22%.
There were 3 Dow stocks up Wednesday.
The top Dow stock winners Wednesday included Merck (MRK) +0.72% and UnitedHealth (UNH) +0.25%.
Dow stock losers Wednesday were led by JPMorgan (JPM) -3.45% and Wal-Mart (WMT) -3.02%.
Intel Corporation INTC is estimated to post its Q4 earnings at $0.66 per share on revenue of $14.70 billion after the close Thursday.
Goldman Sachs downgraded Johnson & Johnson (JNJ) to ‘Sell’ from ‘Neutral.’
One time Dow stock Bank of America (BAC) reported Q4 EPS of 32 cents, better than consensus of 31 cents.
European stocks are mixed and Asian markets ended higher.
The national average price of gasoline is down 1.6 cents at $2.085 per gallon.
Earnings Reports.
JPMorgan (JPM) will report earnings on 1/14/2015 before the market open.
American Express (AXP) is expected to report earnings on 1/15/2015 after the market close.
Intel (INTC) will report earnings on 1/15/2015 after the market close.
Caterpillar (CAT) is expected to report earnings on 1/27/2015 before the market open.
Dupont (DD) will report earnings on 1/27/2015 before the market open.
General Electric (GE) will report earnings on 1/23/2015 before the market open.
Goldman Sachs (GS) will report earnings on 1/16/2015 before the market open.
International Business Machines (IBM) is expected to report earnings on 1/20/2015 after the market close.
Johnson & Johnson will report earnings on 1/20/2015 before the market open.
McDonald’s (MCD) will report earnings on 1/23/2015 before the market open.
3M (MMM) will report earnings on 1/27/2015 before the market open.
Microsoft (MSFT) will report earnings on 1/26/2015 after the market close.
Pfizer (PFE) will report earnings on 1/27/2015 before the market open.
Procter & Gamble (PG) is expected to report earnings on 1/27/2015 before the market open.
AT&T (T) will report earnings on 1/27/2015 after the market close.
Travelers (TRV) will report earnings on 1/22/2015 before the market open.
UnitedHealth (UNH) will report earnings on 1/21/2015 before the market open.
United Technologies (UTX) is expected to report earnings on 1/21/2015 before the market open.
Verizon (VZ) will report earnings on 1/22/2015 before the market open.
Today’s Featured Dow Stock
Visa Inc. (V) is down -2.53% year-to-date.
Financial Calendar
0830 ET Weekly initial unemployment claims expected -2,000 to 292,000, previous -4,000 to 294,000. Weekly continuing claims expected -52,000 to 2.400 million, previous +101,000 to 2.452 million.
0830 ET Jan Empire manufacturing survey of general business conditions expected +8.58 to 5.00, Dec -3.58.
0830 ET Dec final demand PPI expected -0.4% m/m and +1.0% y/y, Nov -0.2% m/m and +1.4% y/y. Dec final demand PPI ex food & energy expected +0.1% m/m and +1.9% y/y, Nov unch m/m and +1.8% y/y.
0830 ET USDA weekly Export Sales.
1000 ET Jan Philadelphia Fed business outlook survey expected -5.6 to 18.7, Dec 24.3.