Dow stocks at 52 week highs include McDonald’s (MCD).Dow stock 52 week lows include American Express (AXP)

The Market

Premarket today, the Dow was indicated to open up +25 points.

Wednesday, the Dow was down -75.70 (-0.43%) at 17,492.30.

Year-to-date the Dow is down -1.86%.

There were 6 Dow stocks were up Wednesday.

The Dow stock winners Wednesday were led by Dupont (DD) +11.85% and Chevron (CVX) +1.34%.

he Dow stock losers Wednesday were led by Apple (AAPL) -2.21% and Nike (NKE) -2.17%.

Chevron (CVX +1.34%) said it will cut its 2016 spending plans by 24% to $26.6 billion due to the slump in energy markets.

European stocks are mixed and Asian markets ended lower.

The national average price of gasoline is down nine-tenths of a cent at $2.010 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/22/15 after the market close.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) is up +18.35% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected unch at 269,000, previous +9,000 to 269,000. Weekly continuing claims expected -6,000 to 2.155 million, previous +6,000 to 2.161 million.

0830 ET Nov import price index expected -0.8% m/m and -9.6% y/y, Oct -0.5% m/m and -10.5% y/y.

0830 ET USDA weekly Export Sales.

1100 ET Treasury announces amount of 5-year TIPS to be auctioned Dec 17.

1300 ET Treasury auctions $13 billion 30-year T-bonds.

1400 ET Nov monthly budget statement expected -$68.0 billion, Oct -$136.532 billion.