Dow stocks at 52 week highs include American Express (AXP), Boeing (BA), Dupont (DD), Microsoft (MSFT), UnitedHealth (UNH) and Visa (V). Dow stock 52 week lows include IBM (IBM).

The Market

Premarket today, the Dow was indicated to open up +7 points.

Wednesday the Dow was up +66.02 (+0.31%) at 21,640.75.

Year-to-date the Dow is up +9.50%.

There were 26 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Dupont (DD) +1.61% and Boeing (BA) +1.27%.

The Dow stock loser Wednesday was IBM (IBM) -4.20% and Wal-Mart (WMT) -0.43%.

Nike (NKE +0.21%) gained 2% in after-hours trading after it was upgraded to ‘Overweight’ from ‘Equalweight’ at Morgan Stanley with a price target of $68.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is up seven-tenths of a cent at $2.275 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 6/29/17 after the market close of $0.60, beating estimates calling for $0.512 per share.

JPMorgan (JPM) reported earnings on 7/14/17 before the market open of $1.82, beating estimates calling for $1.62 per share.

Goldman Sachs (GS) reported earnings on 7/18/17 before the market open of $3.95, beating estimates calling for $3.71 per share.

Johnson & Johnson (JNJ) reported earnings on 7/18/17 before the market open of $1.83, meeting estimates calling for $1.827 per share.

UnitedHealth (UNH) reported earnings on 7/18/17 before the market open of $2.46, beating estimates of $2.398 per share.

IBM (IBM) reported earnings on 7/18/17 after the market close of $2.97, beating estimates calling for $2.758 per share.

American Express (AXP) reported earnings on 7/19/17 after the market close of $1.47, meeting estimates of $1.47 per share..

Travelers (TRV) reports earnings on 7/20/2017 before the market open.

Microsoft (MSFT) reports earnings on 7/20/2017 after the market close.

Visa (V) reports earnings on 7/20/2017 after the market close.

General Electric (GE) reports earnings on 7/21/2017 before the market open.

Caterpillar (CAT) reports earnings on 7/25/2017 before the market open.

Dupont (DD) reports earnings on 7/25/2017 before the market open.

McDonald’s (MCD) reports earnings on 7/25/2017 before the market open.

3M (MMM) reports earnings on 7/25/2017 before the market open.

United Technologies (UTX) reports earnings on 7/25/2017 before the market open.

Coca Cola (KO) reports earnings on 7/26/2017 before the market open.

Boeing (BA) reports earnings on 7/26/2017 before the market open.

Procter & Gamble reports earnings on 7/27/2017 before the market open.

Verizon (VZ) reports earnings on 7/27/2017 before the market open.

Intel (INTC) reports earnings on 7/27/2017 after the market close.

Chevron (CVX) reports earnings on 7/28/2017 before the market open.

Exxon Mobil (XOM) reports earnings on 7/28/2017 before the market open.

Merck (MRK) reports earnings on 7/28/2017 before the market open.

Pfizer (PFE) reports earnings on 8/1/2017 before the market open.

Apple (AAPL) reports earnings on 8/1/2017 after the market close.

Today’s Featured Dow Stock

General Electric (GE)

Goldman Sachs (GS) is down -6.92% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected -2,000 to 245,000, previous -3,000 to 247,000. Weekly continuing claims expected +4,000 to 1.949 million, previous -20,000 to 1.945 million.

0830 ET Jul Philadelphia Fed business outlook survey expected -3.9 to 23.7, Jun -11.2 to 27.6.

0830 ET USDA weekly Export Sales.

1000 ET Jun leading indicators expected +0.4%, May +0.3%

1100 ET Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $15 billion), 5-year T-notes (previous $34 billion), and 7-year T-notes (previous $28 billion) to be auctioned Jul 25-27.

1300 ET Treasury auctions $13 billion in 10-year TIPS.