Dow stocks at 52 week highs include 3M (MMM), Home Depot (HD), Disney (DIS), McDonald’s (MCD). Microsoft (MSFT), UnitedHealth (UNH) and United Technologies (UTX). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +13 points.

Tuesday the Dow was up +232.23 (+1.12%) at 20,996.12.

Year-to-date the Dow is up +6.24%.

There were 25 Dow stocks up Tuesday.

The Dow stock winners Tuesday were led by Caterpillar (CAT) +7.86% and McDonald’s (MCD) +5.57%.

The Dow stock losers Tuesday were led by Verizon (VZ) -0.74% and Coca Cola (KO) -0.39%.

Procter & Gamble (PG) reported earnings Wednesday morning of 96 cents per share adjusted vs. estimate of 94 cents. Revenue came in at $15.605 billion for the period, short of analysts’ $15.731 billion estimate. The sales drop was driven by a challenging geopolitical environment, the company said.

European stocks are mostly lower and Asian markets ended higher.

The national average price of gasoline is down five-tenths of a cent at $2.408 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2017 after the market close of $0.68, beating estimates calling for $0.524 per share.

JPMorgan (JPM) reported earnings on 4/13/2017 before the market open of $1.65, beating estimates calling for $1.512 per share.

Johnson & Johnson (JNJ) reported earnings on 4/18/2017 before the market open of $1.83, beating estimates of $1.767 per share.

Goldman Sachs (GS) reported earnings on 4/18/2017 before the market open of $5.15, missing estimates calling for $5.34 per share.

UnitedHealth (UNH) reported earnings on 4/18/2017 before the market open of $2.37, beating estimates of $2.18 per share.

IBM (IBM) reported earnings on 4/18/2017 after the market close of $2.38, beating estimates calling for $2.341 per share.

American Express (AXP) reported earnings on 4/19/2017 after the market close of $1.34, beating estimates calling for $1.276 per share.

Travelers (TRV) reported earnings on 4/20/2017 before the market open of $2.16, missing estimates calling for $2.409 per share.

Verizon (VZ) reported earnings on 4/20/2017 before the market open of $0.95, missing estimates calling for $0.977 per share.

Visa (V) reported earnings on 4/20/2017 after the market close of $0.86, beating estimates calling for $0.789 per share.

General Electric (GE) reported earnings on 4/21/2017 before the market open of $0.21, beating estimates calling for $0.17 per share.

3M (MMM) reported earnings on 4/25/2017 before the market open$2.16, beating estimates calling for $2.069 per share.

Caterpillar (CAT) reported earnings on 4/25/2017 before the market open of $1.28, smashing estimates calling for $0.618 per share.

Dupont (DD) reported earnings on 4/25/2017 before the market open of $1.64, beating estimates of $1.383 per share.

Coca Cola (KO) reported earnings on 4/25/2017 before the market open of $0.43, missing estimates calling for $0.438 per share.

McDonald’s (MCD) reported earnings on 4/25/2017 before the market open of $1.47, beating estimates calling for $1.318 per share.

Boeing (BA) reported earnings on 4/26/2017 before the market open of $2.01, beating estimates of $1.914 per share.

United Technologies (UTX) reported earnings on 4/26/2017 before the market open of $1.48, beating estimates calling for $1.387 per share.

Procter & Gamble (PG) reported earnings on 4/26/2017 before the market open of $0.96, beating estimates of $0.936 per share.

Intel (INTC) reports earnings on 4/27/2017 after the market close.

Microsoft (MSFT) reports earnings on 4/27/2017 after the market close.

Exxon Mobil (XOM) reports earnings on 4/28/2017 before the market open.

Today’s Featured Dow Stock

IBM (IBM)

IBM (IBM) is down -3.37% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -1.8% with purchase sub-index -3.4% and refi sub-index +0.2%.

1000 ET U.S. retail sales benchmark revisions.

1030 ET EIA Weekly Petroleum Status Report.

1130 ET Treasury auctions $15 billion of 2-year floating-rate notes.

1300 ET Treasury auctions $34 billion of 5-year T-notes.