Dow stocks at 52 week highs include Boeing (BA), Caterpillar (CAT), Cisco (CSCO), Goldman Sachs (GS), Nike (NKE) and Visa (V).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +31 points.

Wednesday the Dow was up +80.63 (+0.33%) at 24,585.43.

Year-to-date the Dow is up +24.40%.

There were 19 Dow stocks up Wednesday .

The Dow stock winners Wednesday were led by Caterpillar (CAT) +3.59% and Nike (NKE) +3.43%.

The Dow stock losers Wednesday were led by IBM (IBM) -1.81% and American Express (AXP) -1.60%.

Verizon (VZ -0.56%) was downgraded to ‘Hold’ from ‘Buy’ at HSBC.

The Fed raised rates a quarter point yesterday.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down one-tenth of a cent at $2.453 per gallon.

Earnings Reports.

Nike (NKE) reports earnings on 12/21/17 after the market close.

Today’s Featured Dow Stock

Visa (V)

Visa (V) is up +47.85% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected unch at 236,000, previous -2,000 to 236,000. Weekly continuing claims expected -8,000 to 1.900 million, previous -52,000 to 1.908 million.

0830 ET Nov import price index expected +0.7% and +3.3% y/y, Oct +0.2% m/m and +2.5% y/y. Nov import price index ex-petroleum expected +0.1%, Oct +0.1%.

0830 ET Nov export price index expected +0.3% m/m, Oct unch m/m and +2.7% y/y.

0830 ET Nov retail sales expected +0.3% and +0.6% ex autos, Oct +0.2% and +0.1% ex autos.

0830 ET USDA weekly Export Sales.

0945 ET Dec Markit manufacturing PMI expected -0.2 to 53.7, Nov -0.7 to 53.9. Dec Markit services PMI expected +0.1 to 54.6, Nov -0.8 to 54.5.