Dow stocks at 52 week highs include Exxon Mobil (XOM).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -45 points.

Wednesday the Dow was down -3.36 (-0.02%) at 17,526.62.

Year-to-date the Dow is up +0.58%.

There were 13 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by JPMorgan (JPM) +3.86% and Goldman Sachs (GS) +3.42%.

The Dow stock losers Wednesday were led by Wal-Mart (WMT) -3.00% and Nike (NKE) -1.72%.

Walmart reports revenue climbed to $115.9 billion from $114.83 billion in the quarter, breezing past projections for $112.67 billion in revenue from industry analysts. For the three months ended April 30, Wal-Mart Stores Inc. earned $3.08 billion, or 90 cents per share. That compares with $3.34 billion, or $1.03 per share, a year earlier. Excluding one-time charges and benefits, per-share earnings were 98 cents, a dime better than expectations. Walmart anticipates a second-quarter profit between 95 cents and $1.08 per share while analyst projections call for 98 cents per share.

Cisco Systems (CSCO +0.26%) rallied over 6% in after-hours trading after it reported Q3 adjusted EPS of 57 cents, higher than consensus of 55 cents, and said it sees Q3 adjusted EPS of 59 cents-61 cents, above consensus of 58 cents.

A surprise indication from the U.S. Federal Reserve that it may raise interest rates at its next policy meeting in June is weighing on global stock markets.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up 2.2 cents at $2.262 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/13/2016 before the market open of $1.35, beating estimates of $1.259 per share.

IBM (IBM) reported earnings on 4/18/2016 after the market open of $2.35, beating estimates of $2.085 per share.

Goldman Sachs (GS) reported earnings on 4/19/2016 before the market open of $2.68, beating estimates for $2.566 per share.

Intel (INTC) reported earnings on 4/19/2016 after the market open of $0.54, beating estimates for $0.47 per share.

Johnson & Johnson (JNJ) reported earnings on 4/19/2016 before the market open of $1.72, beating estimates for $1.639 per share.

UnitedHealth (UNH) reported earnings on 4/19/2016 before the market open of $1.81, beating estimates for $1.721 per share.

Coca Cola (KO) reported earnings on 4/20/2016 before the market open of $0.45, beating estimates of $0.44 per share.

American Express (AXP) reported earnings on 4/20/2016 after the market close of $1.45, beating estimates of $1.355 per share.

Travelers (TRV) reported earnings on 4/21/2016 before the market open of $2.30, missing estimates of $2.568 per share.

Verizon (VZ) reported earnings on 4/21/2016 before the market open of $1.06, meeting estimates of $1.064 per share.

Microsoft (MSFT) reported earnings on 4/21/2016 after the market open of $0.62, almost meeting expectations for $0.625 per share.

Visa (V) reported earnings on 4/21/2016 after the market open of $0.68, beating estimates of $0.663 per share.

Caterpillar (CAT) reported earnings on 4/22/2016 before the market open of $0.46, missing estimates of $0.67 per share.

General Electric (GE) reports earnings on 4/22/2016 before the market open of $0.21, barely beating estimates of $0.206 per share.

McDonald’s reported earnings on 4/22/2016 before the market open of $1.23, beating estimates of $1.169 per share.

Apple (AAPL) reported earnings on 4/25/2016 after the market close of $1.90, missing estimates calling for $1.97 per share.

3M (MMM) reported earnings on 4/26/2016 before the market open of $2.05, beating estimates of $1.924 per share..

Dupont (DD) reported earnings on 4/26/2016 before the market open of $1.26, beating estimates calling for $1.02 per share.

Procter & Gamble (PG) reported earnings on 4/26/2016 before the market open of $0.89, beating estimates of $0.81 per share..

Boeing (BA) reported earnings on 4/27/2016 before the market open of $1.74, missing estimates calling for $1.806 per share.

United Technologies (UTX) reported earnings on 4/27/2016 before the market open of $1.47, beating estimates of $1.387 per share.

Chevron (CVX) reported earnings on 4/29/2016 before the market open of -$0.39, missing estimates for -$0.139 per share.

Exxon Mobil (XOM) reported earnings on 4/29/2016 before the market open of $0.43, beating estimates of $0.306 per share.

Pfizer (PFE) reported earnings on 5/3/2016 before the market open of $0.67, beating estimates of $0.47 per share.

Merck (MRK) reported earnings on 5/5/2016 before the market open of $0.89, beating estimates calling for $0.853 per share.

Disney (DIS) reported earnings on 5/10/2016 after the market close of $1.36, missing estimates calling for $1.404 per share.

Home Depot (HD) reports\ed earnings on 5/17/2016 before the market open of $1.44, beating estimates of $1.35 per share.

Cisco (CSCO) reported earnings on 5/18/2016 after the close of $0.57, beating estimates calling for $0.502 per share.

Wal-Mart (WMT) reports earnings on 5/19/2016 before the market open.

Today’s Featured Dow Stock

United Technologies (UTX)

United Technologies (UTX) is up +3.35% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -19,000 to 275,000, previous +20,000 to 294,000. Weekly continuing claims expected -3,000 to 2.158 million, previous +37,000 to 2.161 million.

0830 ET Apr Chicago national activity index expected +0.24 to -0.20, Mar -0.05 to -0.44.

0830 ET May Philadelphia Fed business outlook survey expected +4.6 to 3.0, Apr -14.0 to -1.6.

0830 ET USDA weekly Export Sales.

0915 ET Fed Vice Chair Stanley Fischer (voter) delivers remarks at an event in New York.

1000 ET Apr leading indicators expected +0.4%, Mar +0.2%.

1030 ET New York Fed President William Dudley (voter) delivers remarks on macroeconomic trends at a press briefing in New York.

1100 ET Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating rate notes (previous $19 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned May 24-26.

1300 ET Treasury auctions $11 billion 10-year TIPS.

n/a G-7 finance ministers and central bank chiefs meet near Sendai, Japan.