Dow stocks at 52 week highs include Coca Cola (KO), McDonald’s (MCD), Merck (MRK), Procter & Gamble (PG), Travelers (TRV), Visa (V) and Walmart (WMT). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -111 points.

Wednesday the Dow was up +179.32 (+0.67%) at 26,966.00.

Year-to-date the Dow is up +15.60%.

There were 26 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by Procter & Gamble (PG) +2.33%, Merck (MRK) +1.63% and McDonald’s (MCD) +1.54%.

The Dow stock losers Wednesday were led by Caterpillar (CAT) -0.19%, JPMorgan (JPM) -0.16% and Dow (DOW) -0.14%.

I hope everyone had a great (and safe) 4th of July holiday! We had some pretty nice weather here in Gig Harbor Washington.

U.S. employers added 224,000 jobs in June, beating Wall Street’s expectations of 160,000. The unemployment rate ticked up slightly at 3.7 percent, while the labor force participation rate was also little unchanged at 62.9 percent. Average hourly earnings, meanwhile, rose by 6 cents to $27.90. Over the year, average hourly earnings have increased by 3.1 percent, slightly missing expectations of 3.2 percent growth.

European stocks are lower and Asian markets ended mostly higher.

The national average price of gasoline is up one-tenth of a cent at $2.759 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2019 before the market open of $1.47, beating estimates calling for $1.46 per share.

Nike (NKE) reported earnings on 6/27/2019 after the market close of $0.62, missing estimates calling for $0.698 per share.

Goldman Sachs (GS) reports earnings on 7/16/2019 before the market open.

Johnson & Johnson (JNJ) reports earnings on 7/16/2019 before the market open.

JPMorgan (JPM) reports earnings on 7/16/2019 before the market open.

IBM (IBM) reports earnings on 7/17/2019 after the market close.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) is up +35.34% year-to-date.

Financial Calendar

8:30 AM ET Employment Situation

4:30 PM ET Fed Balance Sheet

4:30 PM ET Money Supply