Dow stocks at 52 week highs include Intel (INTC). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -58 points.

Wednesday the Dow was down -38.56 (-0.16%) at 24,748.07.

Year-to-date the Dow is up +0.12%.

There were 14 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Home Depot (HD) +2.82% and Chevron (CVX) +1.94%.

The Dow stock losers Wednesday were led by IBM (IBM) -7.53% and Johnson & Johnson (JNJ) -2.16%

American Express (AXP +1.37%) climbed more than 3% in after-hours trading after it reported Q1 revenue of $9.72 billion, better than consensus of $9.51 billion.

Unemployment insurance weekly claims in the week ending April 14, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 1,000 from the previous week’s unrevised level of 233,000. The 4-week moving average was 231,250, an increase of 1,250 from the previous week’s unrevised average of 230,000. The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending April 7, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 7 was 1,863,000, a decrease of 15,000 from the previous week’s revised level. The previous week’s level was revised up 7,000 from 1,871,000 to 1,878,000. The 4-week moving average was 1,858,750, an increase of 6,750 from the previous week’s revised average. The previous week’s average was revised up by 1,750 from 1,850,250 to 1,852,000.

European stocks are mostly higher and Asian markets ended higher.

The national average price of gasoline is up eight-tenths of a cent at $2.739 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) reported earnings on 4/13/2018 before the market open of $2.37, missing estimates calling for $2.92 per share.

Goldman Sachs (GS) reported earnings on 4/17/2018 before the market open of $6.95, beating estimates of $5.75 per share.

Johnson & Johnson (JNJ) reports earnings on 4/17/2018 before the market open of $2.06, beating estimates of $2.029 per share.

UnitedHealth (UNH) reports earnings on 4/17/2018 before the market open of $3.04, beating estimates of $2.968 per share.

IBM (IBM) reported earnings on 4/17/2018 after the market close of $2.45, beating estimates of 2.415 per share.

American Express (AXP) reported earnings on 4/18/2018 after the market close of $1.86, beating estimates of $1.747 per share.

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.

Boeing (BA) reports earnings on 4/25/2018 before the market open.

Visa (V) reports earnings on 4/25/2018 after the market close.

Intel (INTC) reports earnings on 4/26/2018 after the market close.

Microsoft (MSFT) reports earnings on 4/26/2018 after the market close.

Chevron (CVX) reports earnings on 4/27/2018 before the market open.

Exxon Mobil (XOM) reports earnings on 4/27/2018 before the market open.

McDonald’s (MCD) reports earnings on 4/30/2018 before the market open.

Merck (MRK) reports earnings on 5/1/2018 before the market open.

Pfizer (PFE) reports earnings on 5/1/2018 before the market open.

Apple (AAPL) reports earnings on 5/1/2018 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) is up +0.61% year-to-date.

Financial Calendar

12:00 FOMC Member Brainard Speaks

12:30 Continuing Jobless Claims, 1,848K, 1,871K

12:30 Initial Jobless Claims, 235K, 233K

12:30 Jobless Claims 4-Week Avg., 230.00K

12:30 Philadelphia Fed Manufacturing Index (Apr), 20.1, 22.3

12:30 Philly Fed Business Conditions (Apr), 47.9

12:30 Philly Fed CAPEX Index (Apr), 35.90

12:30 Philly Fed Employment (Apr), 25.6

12:30 Philly Fed New Orders (Apr), 35.7

12:30 Philly Fed Prices Paid (Apr), 42.60

13:30 FOMC Member Quarles Speaks

13:45 Bloomberg Consumer Confidence, 58.0

14:30 Natural Gas Storage, -19B

17:00 5-Year TIPS Auction, 0.370%

22:45 FOMC Member Mester Speaks