Dow stocks at 52 week highs include 3M (MMM), McDonald’s (MCD), United Technologies (UTX), Visa (V) and Wal-Mart (WMT). Dow stock 52 week lows include Verizon (VZ).

The Market

Premarket today, the Dow was indicated to open down -5 points.

Thursday the Dow was down -6.43 (-0.03%) at 20,951.47.

Year-to-date the Dow is up +6.02%.

There were 12 Dow stocks up Thursday.

The Dow stock winners Thursday were led by 3M (MMM) +0.95% and UnitedHealth (UNH) +0.86%.

The Dow stock losers Thursday were led by Caterpillar (CAT) -2.12% and Chevron (CVX) -1.79%.

The Jobs Report shows 211,000 jobs were added last month, bringing the three-month average up to 174,000. The unemployment rate was 4.4 percent, down from 4.5 percent in March and the lowest rate in more than 10 years. The average hourly wage grew by 0.3 percent, though year-over-year growth ticked down to 2.5 percent. The broadest measure of unemployment, which includes people who are working part time or have dropped out of the labor market, was down sharply to 8.6 percent, from 8.9 percent. The labor participation rate fell slightly to 62.9 percent last month from 63 percent, a signal that workers who had been sidelined are not being drawn back into the labor market.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down six-tenths of a cent at $2.361 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) reported earnings on 4/27/2017 after the market close of $0.66, missing estimates calling for $0.672 per share.

Microsoft (MSFT) reported earnings on 4/27/2017 after the market close of $0.73, beating estimates calling for $0.719 per share.

Exxon Mobil (XOM) reported earnings on 4/28/2017 before the market open of $0.95, beating estimates calling for $0.909 per share.

Chevron (CVX) reported earnings on 4/28/2017 before the market open of $1.41, smashing estimates of $0.869 per share.

Merck (MRK) reported earnings on 5/2/2017 before the market open of $0.88, beating estimates of $0.847 per share.

Pfizer (PFE) reported earnings on 5/2/2017 before the market open of $0.69, barely beating estimates calling for $0.6819 per share.

Apple (AAPL) reported earnings on 5/2/2017 after the market close of $2.10, beating estimates calling for $2.060395 per share.

Disney (DIS) reports earnings on 5/9/2017 after the market close.

Home Depot (HD) reports earnings on 5/16/2017 before the market open.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) is up +7.16% year-to-date.

Financial Calendar

0830 ET Apr non-farm payrolls expected +190,000, Mar +98,000. Apr private payrolls expected +190,000, Mar +89,000. Apr manufacturing payrolls expected +10,000, Mar +11,000. Apr unemployment rate expected +0.1 to 4.6%, Mar -0.2 to 4.5%.

0830 ET Apr avg hourly earnings expected +0.3% m/m and +2.7% y/y, Mar +0.2% m/m and +2.7% y/y. Apr avg weekly hours all employees expected +0.1 to 34.4 hours, Mar unch at 34.3 hours.

1130 ET Fed Vice Chair Stanley Fischer speaks on a panel on at the Hoovers Monetary Policy Conference.

1245 ET San Francisco Fed President John Williams (non-voter) delivers keynote address at the Manhattan Institute Shadow Open Market Committee event in New York.

1330 ET Fed Chair Janet Yellen speaks at an event at Brown University to commemorate 125 Years of Women at Brown.

1330 ET Chicago Fed President Charles Evans (voter) and Boston Fed President Eric Rosengren (non-voter) speak on a panel on The Structural Foundations of Monetary Policy at the Hoovers Monetary Policy Conference.

1500 ET Mar consumer credit expected +$14.0 billion, Feb +$15.206 billion.

2400 ET Continuing resolution expires, forcing partial U.S. government shutdown if no new spending bill is approved.