Dow stocks hitting 52-week highs include Johnson & Johnson (JNJ) 181.76 (-0.26%), Coca Cola (KO) 63.44 (+0.54%), UnitedHealth (UNH) 536.95 (+0.98%) and Walmart (WMT) 156.54 (+1.00%). Dow stock 52-week lows include Goldman Sachs (GS) 314.15 (-0.67%) and Home Depot (HD) 302.75 (+1.41%).

The Market

Premarket today, the Dow was indicated to open up +30 points.

Thursday the Dow closed up +87.06 (+0.25%) at 34,583.57.

Year-to-date the Dow is down -4.83%.

There were 16 Dow stocks up Thursday.

The Dow stock winners Thursday were led by Merck (MRK) 86.80 (+2.15%), Walgreens (WBA) 45.11 (+1.81%) and Home Depot (HD) 302.75 (+1.41%).

The Dow stock losers Thursday were led by Visa (V) 216.15 (-1.31%), Dow (DOW) 61.25 (-0.68%) and Goldman Sachs (GS) 314.15 (-0.67%).

The 10 YR yield is currently at 2.735%.

The 10-year Treasury yield pushed to a three-year high after the Federal Reserve signaled earlier in the week that more aggressive measures are needed to fight inflation.

U.S. oil prices inched higher Friday, but remained below $100 per barrel. West Texas Intermediate crude fell more than 3% so far this week following last week’s roughly 13% decline as the U.S. announced its largest-ever release from its Strategic Petroleum Reserve and International Energy Agency member nations joined the effort to combat soaring oil and gasoline prices.

The Dow Jones Industrial Average has dropped nearly 0.7% for the week so far, which would be its second straight weekly loss. Next week, the banks kick off the latest quarterly earnings season. See the earnings schedule below.

U.S. futures are mostly higher, European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down 1.4 cents at $4.139 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/2022 after the market close with $0.87, beating estimates of $0.732 per share.
Walgreens (WBA) reported earnings on 3/31/2022 before the market open with $1.59, beating estimates of $1.389 per share.
JPMorgan (JPM) reports earnings on 4/13/2022 before the market open.
Goldman Sachs (GS) reports earnings on 4/14/2022 before the market open.
UnitedHealth (UNH) reports earnings on 4/14/2022 before the market open.
Johnson & Johnson (JNJ) reports earnings on 4/19/2022 before the market open.
Travelers (TRV) reports earnings on 4/19/2022 before the market open.
IBM (IBM) reports earnings on 4/19/2022 after the market close.
Procter & Gamble (PG) reports earnings on 4/20/2022 before the market open.
Dow (DOW) reports earnings on 4/21/2022 before the market open.
American Express (AXP) reports earnings on 4/22/2022 before the market open.
Honeywell (HON) reports earnings on 4/22/2022 before the market open.
Verizon (VZ) reports earnings on 4/22/2022 before the market open.
Coca Cola (KO) reports earnings on 4/25/2022 before the market open.
3M (MMM) reports earnings on 4/26/2022 before the market open.
Microsoft (MSFT) reports earnings on 4/26/2022 after the market close.
Visa (V) reports earnings on 4/26/2022 after the market close.
Boeing (BA) reports earnings on 4/27/2022 before the market open.
Amgen (AMGN) reports earnings on 4/27/2022 after the market close.
Caterpillar (CAT) reports earnings on 4/28/2022 before the market open.
McDonald’s (MCD) reports earnings on 4/28/2022 before the market open.
Merck (MRK) reports earnings on 4/28/2022 before the market open.
Apple (AAPL) reports earnings on 4/28/2022 after the market close.
Intel (INTC) reports earnings on 4/28/2022 after the market close.
Chevron (CVX) reports earnings on 4/29/2022 before the market open.

Today’s Featured Dow Stock

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) 181.76 (-0.26%) is up +6.25% in 2022.

Financial Calendar

10:00 AM ET Wholesale Inventories (MoM)
10:00 AM ET Wholesale Trade Sales (MoM) (Feb)
12:00 PM ET WASDE Report
13:00 PM ET U.S. Baker Hughes Oil Rig Count
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