Dow stocks at 52 week highs include Johnson & Johnson (JNJ) and UniteHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -15 points.

Wednesday the Dow was down -57.11 (-0.27%) at 21,410.03.

Year-to-date the Dow is up +8.34%.

There were 12 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Nike (NKE) +2.00% and Merck (MRK) +1.44%.

The Dow stock losers Wednesday were led by Caterpillar (CAT) -3.34% and Dupont (DD) -2.65%.

The word is that Nike (NKE) may soon be selling its gear directly on Amazon.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down two-tenths of a cent at $2.280 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 6/29/17 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is up +5.03% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +3,000 to 240,000, previous -8,000 to 237,000. Weekly continuing claims expected -7,000 to 1.928 million, previous +6,000 to 1.935 million.

0830 ET USDA weekly Export Sales.

0900 ET FHFA Apr house price index expected +0.5% m/m, Mar +0.6% m/m.

1000 ET Fed Governor Jerome Powell speaks at a hearing of the Senate Banking Committee on fostering economic growth.

1000 ET May leading indicators expected +0.3%, Apr +0.3%.

1100 ET Jun Kansas City Fed manufacturing activity expected +2 to 10, May +1 to 8.

1100 ET Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $13 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Jun 26-28.

1300 ET Treasury auctions $5 billion of 30-year TIPS.

1500 ET USDA May Cold Storage.