Dow stocks at 52 week highs include Cisco (CSCO), Procter & Gamble (PG) and 3M (MMM).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +157 points.

Wednesday the Dow was up +24.45 (+0.13%) at 18,372.12.

Year-to-date the Dow is up +5.44%.

There were 18 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by UnitedHealth (UNH) +1.16% and Verizon (VZ) +0.96%.

The Dow stock losers Wednesday were led by Home Depot (HD) -0.95% and Apple (AAPL) -0.56%.

JPMorgan Chase (JPM -0.06%) climbed over 2% in premarket trading after it reported Q2 EPS of $1.55, higher than consensus of $1.43.

Procter & Gamble (PG +0.16%) was upgraded to ‘Buy’ from ‘Neutral’ at UBS with a 12-month price target of $96.

Jobless claims were unchanged at 254,000 in the week ended July 9, according to a Labor Department report released Thursday. The median estimate called for filings to increase to 265,000. In April, applications dropped to a four-decade low of 248,000.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is unchanged at $2.217 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/28/16 after the market close of $0.49, beating estimates calling for $0.477 per share.

JPMorgan (JPM) reports earnings on 7/14/2016 before the market open.

IBM (IBM) reports earnings on 7/18/2016 after the market close.

Goldman Sachs (GS) reports earnings on 7/19/2016 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/19/2016 before the market open.

UnitedHealth (UNH) reports earnings on 7/19/2016 before the market open.

Microsoft (MSFT) reports earnings on 7/19/2016 after the market close.

American Express (AXP) reports earnings on 7/20/2016 after the close.

Intel (INTC) reports earnings on 7/20/2016 after the close.

Travelers (TRV) reports earnings on 7/21/2016 before the market open.

Visa (V) reports earnings on 7/21/2016 after the close.

General Electric (GE) reports earnings on 7/22/2016 before the market open.

Caterpillar (CAT) reports earnings on 7/26/2016 before the market open.

McDonald’s (MCD) reports earnings on 7/26/2016 before the market open.

Apple (AAPL) reports earnings on 7/26/2016 after the market close.

Today’s Featured Dow Stock

Visa (V)

Visa (V) is down -0.12% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +11,000 to 265,000, previous -16,000 to 254,000. Weekly continuing claims expected +6,000 to 2.130 million, previous -44,000 to 2.124 million.

0830 ET Jun PPI final demand expected +0.3% m/m and -0.1% y/y, May +0.4% m/m and -0.1% y/y. Jun PPI ex food & energy expected +0.1% m/m and +1.0% y/y, May +0.3% m/m and +1.2% y/y.

0830 ET USDA weekly Export Sales.

1100 ET Treasury announces amount of 10-year TIPS (previous $11 billion) to be auctioned Jul 21.

1115 ET Atlanta Fed President Dennis Lockhart (non-voter) speaks at the Rocky Mountain Economic Summit in Victor, Idaho.

1900 ET Dallas Fed President Robert Kaplan (non-voter) speaks at the Official Monetary and Financial Institutions Forum in St. Louis about economic conditions and the role of monetary policy.