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 +194 points.

Wednesday the Dow was down -137.51 (-0.54%) at 25,162.41.

Year-to-date the Dow is up +1.79%.

There were 13 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Merck (MRK) +1.37% and Procter & Gamble (PG) +1.22%.

The Dow stock losers Wednesday were led by Chevron (CVX) -3.79% and Boeing (BA) -2.18%.

Cisco Systems (CSCO -0.32%) climbed more than 5% in after-hours trading after it forecast Q1 revenue would gain 5% to 7%, higher than consensus of +3.7%.

Walmart (WMT -0.69%) jumped more than 6% in pre-market trading after it raised its full=year adjusted EPS forecast es-Flipkart to $4.90 to $5.05 from a February view of $4.75 to $5.00, and said it sees full-year net sales up +2.0% in constant currency from a prior forecast of +1.5%-2.0%

United Technologies (UTX -0.51%) was rated a new ‘Buy’ at UBS with a price target of $160.

European stocks are higher and Asian markets ended lower.

The national average price of gasoline is down three-tenths of a cent at $2.854 per gallon.

Earnings Reports.

Walgreens (WBA) reported earnings on 6/28/2018 before the market open with $1.53 per share, beating estimates calling for $1.503 per share.

Nike (NKE) reported earnings on 6/28/2018 after the market close of $0.69, beating estimates of $0.673 per share.

JPMorgan (JPM) reported earnings on 7/13/2018 before the market open of $2.27, beating estimates calling for $2.27 per share.

Goldman Sachs (GS) reported earnings on 7/17/2018 before the market open of $5.98, beating estimates calling for $4.66 per share.

Johnson & Johnson (JNJ) reported earnings on 7/17/2018 before the market open of $2.10, beating estimates of $2.083 per share.

UnitedHealth (UNH) reported earnings on 7/17/2018 before the market open of $3.14, beating estimates of 3.088 per share.

American Express (AXP) reported earnings on 7/18/2018 after the market close of $1.84, missing estimates calling for $1.868 per share.

IBM (IBM) reported earnings on 7/18/2018 after the market close of $3.08, beating estimates calling for $3.058 per share.

Travelers (TRV) reported earnings on 7/19/2018 before the market open $1.92, missing estimates of $2.446 per share.

Microsoft (MSFT) reported earnings on 7/19/2018 after the market close of $1.13, beating estimates calling for $1.11 per share.

3M (MMM) reported earnings on 7/24/2018 before the market open of $3.07, beating estimates of $2.603 per share.

United Technologies (UTX) reported earnings on 7/24/2018 before the market open of $1.97, beating estimates calling for $1.88 per share.

Verizon (VZ) reported earnings on 7/24/2018 before the market open of $1.20, beating estimates of $1.159 per share.

Boeing (BA) reported earnings on 7/25/2018 before the market open of $3.33, missing estimates of $3.448 per share.

Coca Cola (KO) reported earnings on 7/25/2018 before the market open of $0.61, meeting expectations of $0.609 per share.

McDonald’s (MCD) reported earnings on 7/26/2018 before the market open of $1.90, missing estimates of $1.965 per share.

Intel (INTC) reported earnings on 7/26/2018 after the market close of $1.04, beating estimates of $1.00 per share.

Chevron (CVX) reported earnings on 7/27/2018 before the market open of $1.78, missing estimates calling for $2.095 per share.

Exxon Mobil (XOM) reported earnings on 7/27/2018 before the market open of $0.92, missing estimates calling for $1.249 per share.

Merck (MRK) reported earnings on 7/27/2018 before the market open of $1.06, meeting expectations of $1.059 per share.

Caterpillar (CAT) reported earnings on 7/30/2018 before the market open of $2.97, beating estimates calling for $2.747 per share.

Pfizer (PFE) reported earnings on 7/31/2018 before the market open of $0.81, beating estimates calling for $0.754 per share.

Procter & Gamble (PG) reported earnings on 7/31/2018 before the market open of $0.94, beating estimates of $0.913 per share.

Apple (AAPL) reported earnings on 7/31/2018 after the market close of $2.38, beating estimates calling for $2.228 per share.

DowDuPont (DWDP) reported earnings on 8/2/2018 before the market open of $1.37 per share.

Disney (DIS) reported earnings on 8/7/2018 after the market close of $1.87, missing estimates calling for $2.005 per share.

Home Depot (HD) reported earnings on 8/14/2018 before the market open of $3.05, beating estimates calling for $2.84 per share.

Cisco (CSCO) reported earnings on 8/15/2018 after the market close of $0.70, meeting expectations of $0.70 per share.

Walmart (WMT) reported earnings on 8/16/2018 before the market open of $1.29, beating estimates calling for $1.221 per share.

Today’s Featured Dow Stock

JPMorgan (JPM)

JPMorgan (JPM) is up +6.32% year-to-date.

Financial Calendar

12:30 Building Permits (Jul), 1.310M, 1.292M

12:30 Building Permits (MoM) (Jul), 1.4%, -0.7%

12:30 Continuing Jobless Claims , 1,750K, 1,755K

12:30 Housing Starts (MoM) (Jul), 7.4%, -12.3%

12:30 Housing Starts (Jul), 1.270M, 1.173M

12:30 Initial Jobless Claims, 215K, 213K

12:30 Jobless Claims 4-Week Avg., 214.25K

12:30 Philadelphia Fed Manufacturing Index (Aug), 22.0, 25.7

12:30 Philly Fed Business Conditions (Aug), 29.0

12:30 Philly Fed CAPEX Index (Aug), 31.40

12:30 Philly Fed Employment (Aug), 16.8

12:30 Philly Fed New Orders (Aug), 31.4

12:30 Philly Fed Prices Paid (Aug), 62.90

13:45 Bloomberg Consumer Confidence, 59.3

14:30 Natural Gas Storage, 47B, 46B