Dow stocks at 52 week highs include Intel (INTC), Microsoft (MSFT), Nike (NKE) and Procter & Gamble (PG). Dow stock 52 week lows include UnitedHealth (UNH).

The Market

Premarket today, the Dow was indicated to open up +55 points.

Wednesday the Dow was up +67.89 (+0.26%) at 26,452.66.

Year-to-date the Dow is up +13.40%.

There were 18 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Intel (INTC) +3.26%, Goldman Sachs (GS) +3.00% and JPMorgan (JPM) +2.88%.

The Dow stock losers Wednesday were led by Merck (MRK) -4.69%, IBM (IBM) -4.15% and Pfizer (PFE) -2.54%.

The Mueller report is coming today.

American Express (AXP) and Travelers (TRV) reported earnings this morning. See earnings section below.

Unemployment insurance weekly claims in the week ending April 13, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 5,000 from the previous week’s revised level. This is the lowest level for initial claims since September 6, 1969 when it was 182,000. The previous week’s level was revised up by 1,000 from 196,000 to 197,000. The 4-week moving average was 201,250, a decrease of 6,000 from the previous week’s revised average. This is the lowest level for this average since November 1, 1969 when it was 200,500. The previous week’s average was revised up by 250 from 207,000 to 207,250.

European stocks are mostly higher and Asian markets ended lower.

The national average price of gasoline is up four-tenths of a cent at $2.836 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) reported earnings on 4/12/201 before the market open of $2.65, beating estimates calling for $2.337 per share.

Goldman Sachs (GS) reports earnings on 4/15/201 before the market open of $5.71, beating estimates calling for $5.243 per share.

Johnson & Johnson (JNJ) reported earnings on 4/16/201 before the market open of $2.10, beating estimates of $2.064 per share.

UnitedHealth (UNH) reported earnings on 4/16/201 before the market open of $3.73, beating estimates calling for $3.63 per share.

IBM (IBM) reported earnings on 4/16/2019 after the market close of $2.25, missing estimates of $2.271 per share.

American Express (AXP) reported earnings on 4/18/201 before the market open of $2.01, essentially meeting estimates of $2.014 per share.

Travelers (TRV) reported earnings on 4/18/201 before the market open of $2.83, beating estimates calling for $2.678 per share.

Coca Cola (KO) reports earnings on 4/23/201 before the market open.

Procter & Gamble (PG) reports earnings on 4/23/201 before the market open.

Verizon (VZ) reports earnings on 4/23/201 before the market open.

United Technologies (UTX) reports earnings on 4/23/201 before the market open.

Boeing (BA) reports earnings on 4/24/201 before the market open.

Caterpillar (CAT) reports earnings on 4/24/201 before the market open.

Microsoft (MSFT) reports earnings on 4/24/2019 after the market close.

Visa (V) reports earnings on 4/24/2019 after the market close.

3M (MMM) reports earnings on 4/25/201 before the market open.

Intel (INTC) reports earnings on 4/25/2019 after the market close.

Chevron (CVX) reports earnings on 4/26/201 before the market open.

Exxon Mobil (XOM) reports earnings on 4/26/201 before the market open.

McDonald’s (MCD) reports earnings on 4/30/201 before the market open.

Merck (MRK) reports earnings on 4/30/201 before the market open.

Pfizer (PFE) reports earnings on 4/30/201 before the market open.

Apple (AAPL) reports earnings on 4/30/2019 after the market close.

Today’s Featured Dow Stock

Walmart (WMT)

Visa (V) is up +10.75% year-to-date.

Financial Calendar

8:30 AM ET Jobless Claims

8:30 AM ET Philadelphia Fed Business Outlook Survey

8:30 AM ET Retail Sales

9:45 AM ET PMI Composite FLASH

10:00 AM ET Business Inventories

10:00 AM ET Leading Indicators

10:30 AM ET EIA Natural Gas Report

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply