Dow stocks at 52 week highs include Boeing (BA), McDonald’s (MCD). 3M (MMM), Microsoft (MSFT) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +20 points.

Wednesday the Dow was down -20.82 (-0.10%) at 21,008.65.

Year-to-date the Dow is up +6.41%.

There were 17 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Pfizer (PFE) +1.62% and Dupont (DD) +1.60%.

The Dow stock losers Wednesday were led by Goldman Sachs (GS) -3.28% and JPMorgan (JPM) -2.09%.

That’s two days in a row with Goldman Sachs and JPMorgan as the top losers.

Applications for weekly unemployment aid rose 13,000 to 248,000. The four-week average, a less volatile figure, rose 2,500 to 238,000.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is up eight-tenths of a cent at $2.381 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

Dupont (DD)

Dupont (DD) is up +7.52% year-to-date.

Financial Calendar

0730 ET May Challenger job cuts, Apr -42.9% y/y.

0800 ET Fed Governor Jerome Powell speaks on the normalization of monetary policy at the Economic Club of New York.

0815 ET May ADP employment change expected +180,000, Apr +177,000.

0830 ET Weekly initial unemployment claims expected +4,000 to 238,000, previous +1,000 to 234,000. Weekly continuing claims expected -3,000 to 1.920 million, previous +24,000 to 1.923 million.

0830 ET Revised Q1 non-farm productivity expected -0.3%, previous -0.6%. Revised Q1 unit labor costs expected +2.7%, previous +3.0%.

0945 ET Revised-May Markit U.S. manufacturing PMI, prelim May -0.3 to 52.5.

1000 ET May ISM manufacturing index expected -0.2 to 54.6, Apr -2.4 to 54.8. May ISM new orders, Apr -7.0 to 57.5. May ISM employment, Apr -6.9 to 52.0. May ISM prices paid expected -1.0 to 67.5, Apr -2.0 to 68.5.

1000 ET Apr construction spending expected +0.5%, Mar -0.2% m/m.

1100 ET EIA Weekly Petroleum Status Report.

n/a May total vehicle sales expected 16.90 million, Apr 16.81 million. May domestic vehicle sales expected 13.2 million, Apr 13.12 million.