There are no Dow stocks at 52 week highs. Dow stock 52 week lows include American Express (AXP), Chevron (CVX) and Dupont (DD).
The Market
Premarket today, the Dow was indicated to open up +170 points.
Wednesday, the Dow was down -261.49 (+1.47%) at 17,515.42.
Year-to-date the Dow is down -1.73%.
There were no Dow stocks up Wednesday.
Dow stock losers Wednesday were led by Apple (AAPL) -2.48%, General Electric (GE), American Express (AXP), JPMorgan (JPM) and Caterpillar (CAT) -2.05%. And Microsoft (MSFT) was down the least with a loss of -0.14%.
One time Dow stock Alcoa (AA ) reported Q2 EPS of 19 cents, below consensus of 23 cents.
New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery.
Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week’s claims were revised to 282,000, showing that 1,000 more people filed than initially reported. Economists had expected new applications to fall to 275,000 last week. The four-week moving average of claims rose 4,500 to 279,500 last week.
European stocks are higher and Asian markets ended mostly higher.
The national average price of gasoline is down four-tenths of a cent at $2.756 per gallon.
Earnings Reports.
Johnson & Johnson (JNJ) will report earnings on 7/14/2015 before the market open.
JPMorgan (JPM) will report earnings on 7/14/2015 before the market open.
Intel (INTC) will report earnings on 7/15/2015 after the market close.
Today’s Featured Dow Stock
Visa (V) is up +1.80% year-to-date.
Financial Calendar
0545 ET Minneapolis Fed President Narayana Kocherlakota speaks on central banks and fiscal authorities as a panelist at the Deutsche Bundesbank Conference.
0830 ET Weekly initial unemployment claims expected -6,000 to 275,000, previous +10,000 to 281,000. Weekly continuing claims expected -14,000 to 2.250 million, previous +15,000 to 2.264 million.
0830 ET USDA weekly Export Sales.
1300 ET Kansas City Fed President Esther George speaks on the U.S. economy and monetary policy at OSU in Stillwater, OK.
1300 ET Treasury auctions $13 billion of 30-year T-bonds.