Dow stocks at 52 week highs include Cisco (CSCO) and Visa (V). Dow stock 52 week lows include Walgreens (WBA).

The Market

Premarket today, the Dow was indicated to open up +8 points.

Wednesday the Dow was up +39.00 (+0.15%) at 26,218.13.

Year-to-date the Dow is up +12.39%.

There were 16 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Home Depot (HD) +2.21%, Intel (INTC) +2.06% and Goldman Sachs (GS) +1.70%.

The Dow stock losers Wednesday were led by Boeing (BA) -1.54%, Walgreens (WBA) -0.94% and Coca Cola (KO) -0.84%.

Unemployment insurance weekly claims in the week ending March 30, the advance figure for seasonally adjusted initial claims was 202,000, a decrease of 10,000 from the previous week’s revised level. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The previous week’s level was revised up by 1,000 from 211,000 to 212,000. The 4-week moving average was 213,500, a decrease of 4,000 from the previous week’s revised average. The previous week’s average was revised up by 250 from 217,250 to 217,500.

European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is up 1.2 cents at $2.715 per gallon.

Earnings Reports.

Nike (NKE) reported earnings on 3/21/2019 after the market close of $0.68, beating estimates of $0.662 per share.

Walgreens (WBA) reported earnings on 4/2/2019 before the market open of $1.64, missing estimates calling for $1.732 per share.

JPMorgan (JPM) reports earnings on 4/12/201 before the market open.

Goldman Sachs (GS) reports earnings on 4/15/201 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/16/201 before the market open.

UnitedHealth (UNH) reports earnings on 4/16/201 before the market open.

IBM (IBM) reports earnings on 4/16/2019 after the market close.

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is up +8.86% year-to-date.

Financial Calendar

7:30 AM ET Challenger Job-Cut Report

8:30 AM ET Jobless Claims

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply