There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +175 points.

Wednesday the Dow was down -218.55 (-0.90%) at 24,189.45.

Year-to-date the Dow is down -2.14%.

There were 3 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Exxon Mobil (XOM) +0.47% and McDonald’s (MCD) +0.35%.

The Dow stock losers Wednesday were led by Boeing (BA) -2.23% and UnitedHealth (UNH) -2.16%.

New applications for U.S. unemployment benefits fell last week, pointing to sustained labor market strength despite a sharp slowdown in job growth in March. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 233,000 for the week ended April 7. Data for the prior week was unrevised. Economists had forecast claims falling to 230,000 in the latest week.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is up 1.5 cents at $2.675 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/22/2018 after the market close of $-0.57, missing estimates calling for $0.555 per share.

JPMorgan (JPM) reports earnings on 4/13/2018 before the market open.

Goldman Sachs (GS) reports earnings on 4/17/2018 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/17/2018 before the market open.

UnitedHealth (UNH) reports earnings on 4/17/2018 before the market open.

IBM (IBM) reports earnings on 4/17/2018 after the market close.

American Express (AXP) reports earnings on 4/18/2018 after the market close.

General Electric (GE) reports earnings on 4/20/2018 before the market open.

Procter & Gamble (PG) reports earnings on 4/20/2018 before the market open.

Caterpillar (CAT) reports earnings on 4/24/2018 before the market open.

Coca Cola (KO) reports earnings on 4/24/2018 before the market open.

3M (MMM) reports earnings on 4/24/2018 before the market open.

United Technologies (UTX) reports earnings on 4/24/2018 before the market open.

Verizon (VZ) reports earnings on 4/24/2018 before the market open.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is down -0.12% year-to-date.

Financial Calendar

11:20 OPEC Monthly Report

12:30 Continuing Jobless Claims, 1,848K, 1,808K

12:30 Export Price Index (YoY), 3.6%, 3.3%

12:30 Export Price Index (MoM) (Mar), 0.2%, 0.2%

12:30 Import Price Index (MoM) (Mar), 0.1%, 0.4%

12:30 Import Price Index (YoY), 3.8%, 3.5%

12:30 Import Price Index ex Petroleum (MoM), 0.3%, 0.5%

12:30 Initial Jobless Claims, 231K, 242K

12:30 Jobless Claims 4-Week Avg., 228.25K

13:45 Bloomberg Consumer Confidence, 57.2

14:30 Natural Gas Storage, -14B, -29B

17:00 30-Year Bond Auction, 3.109%

21:00 FOMC Member Kashkari Speaks