Dow stocks at 52 week highs include JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open UP +35 points.

Wednesday the Dow was down -166.97 (-0.67%) at 24,797.78.

Year-to-date the Dow is up +0.32%.

There were 4 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by United Technologies (UTX) +2.21% and McDonald’s (MCD) +0.94%.

The Dow stock losers Wednesday were led by Wal-Mart (WMT) -2.75% and Verizon (VZ) -1.96%.

Unemployment insurance weekly claims for the week ending February 17, seasonally adjusted initial claims was 222,000, a decrease of 7,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 230,000 to 229,000. The 4-week moving average was 226,000, a decrease of 2,250 from the previous week’s revised average. The previous week’s average was revised down by 250 from 228,500 to 228,250.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is down one-tenth of a cent at $2.525 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 12/21/17 after the market close of $0.46, beating estimates of $0.437 per share.

JPMorgan (JPM) reported earnings on 1/12/2018 before the market open of $1.07, missing estimates calling for $1.726 per share.

UnitedHealth (UNH) reported earnings on 1/16/2018 before the market open of $2.59, beating estimates of $2.559 per share.

Goldman Sachs (GS) reported earnings on 1/17/2018 before the market open of -$5.51 (includes tax loss), missing estimates calling for $5.064 per share.

American Express (AXP) reported earnings on 1/18/2017 after the market close of -$1.41, missing estimates calling for $1.564 per share.

IBM (IBM) reported earnings on 1/18/2018 after the market close of $5.01, missing estimates calling for $5.191 per share.

Johnson & Johnson (JNJ) reported earnings on 1/23/2018 before the market open of $1.19, beating estimates of $1.166 per share.

Procter & Gamble reports earnings on 1/23/2018 before the market open of $1.74, missing estimates calling for $1.757 per share.

Verizon (VZ) reported earnings on 1/23/2018 before the market open of $0.86, missing estimates of $0.887 per share.

Travelers (TRV) reported earnings on 1/23/2018 before the market open of $2.28, handily beating estimates calling for $1.657 per share.

General Electric (GE) reported earnings on 1/24/2018 before the market open of -$0.35, missing estimates calling for $0.282 per share.

United Technologies (UTX) reported earnings on 1/24/2018 before the market open of $1.60, meeting estimates of $1.597 per share.

Caterpillar (CAT) reported earnings on 1/25/2018 before the market open of $2.16, beating estimates calling for $1.827 per share.

Intel (INTC) reported earnings on 1/25/2018 after the market close of $1.08, beating estimates calling for $0.891 per share.

3M (MMM) reporte earnings on 1/25/2018 before the market open of $2.10, beating estimates of $2.052 per share.

Pfizer (PFE) reported earnings on 1/30/2018 before the market open of $0.62, beating estimates of $0.583 per share.

McDonald’s (MCD) reported earnings on 1/30/2018 before the market open of $0.87, missing estimates calling for $1.616 per share.

Microsoft (MSFT) reports earnings on 1/31/2018 after the close of $0.96, beating estimates of $0.895 per share.

Boeing (BA) reported earnings on 1/31/2018 before the market open of $4.80, beating estimates calling for $2.951 per share.

DowDupont (DWDP) reported earnings on 2/1/2018 before the market open of $0.83.

Apple (AAPL) reported earnings on 2/1/2018 after the market close of $3.89, beating estimates of $3.839 per share.

Visa (V) reported earnings on 2/1/2018 after the market close of $1.08, beating estimates of $1.007 per share.

Chevron (CVX) reported earnings on 2/2/2018 before the market open of $1.64, beating estimates of $1.306 per share.

Exxon Mobil (XOM) reported earnings on 2/2/2018 before the market open of $1.97, beating estimates of $1.092 per share.

Merck (MRK) reports earnings on 2/2/2018 before the market open of $0.98, beating estimates of $0.97 per share.

Disney (DIS) reported earnings on 2/6/2018 after the market close of $1.89, beating estimates calling for $1.633 per share.

Cisco (CSCO) reported earnings on 2/14/2018 after the market close of $0.63, beating estimates calling for $0.603 per share.

Coca Cola (KO) reported earnings on 2/16/2018 before the market open of $0.39, meeting expectations of $0.39 per share.

Home Depot (HD) reported earnings on 2/20/2018 before the market open of $1.52, missing estimates calling for $1.654 per share.

Wal-Mart (WMT) reported earnings on 2/20/2018 before the market open of $1.33, missing estimates calling for $1.379 per share.

Today’s Featured Dow Stock

Intel (INTC)

Intel (INTC) is down -0.48% year-to-date.

Financial Calendar

13:30 Continuing Jobless Claims, 1,930K, 1,942K

13:30 Initial Jobless Claims, 230K, 230K

13:30 Jobless Claims 4-Week Avg., 228.50K

14:45 Bloomberg Consumer Confidence, 57.0

15:00 FOMC Member Dudley Speaks

15:30 Natural Gas Storage, -120B, -194B

16:00 Crude Oil Inventories, 1.795M, 1.841M

16:00 Crude Oil Imports, -0.039M

16:00 Cushing Crude Oil Inventories, -3.642M

16:00 Distillate Fuel Production, -0.318M

16:00 EIA Weekly Distillates Stocks, -1.460M, -0.459M

16:00 Gasoline Production, -0.493M

16:00 Heating Oil Stockpiles, 0.289M

16:00 Gasoline Inventories, -0.283M, 3.599M

16:00 KC Fed Composite Index (Feb), 16

16:00 KC Fed Manufacturing Index (Feb), 16

17:10 FOMC Member Bostic Speaks

18:00 7-Year Note Auction, 2.565%

20:30 FOMC Member Kaplan Speaks