Dow stocks hitting 52-week highs include Coca Cola (KO) 65.96 (+1.37%) and Walmart (WMT) 159.63 (+1.26%). Dow stock 52-week lows include Disney (DIS) 124.57 (-5.56%).

The Market

Premarket today, the Dow was indicated to open up +79 points.

Wednesday the Dow closed up +249.59 (+0.71%) at 35,160.79.

Year-to-date the Dow is down -3.24%.

There were 24 Dow stocks up Wednesday.

The Dow stock winners Wednesday were led by IBM (IBM) 138.32 (+7.10%), Procter & Gamble (PG) 163.65 (+2.66%) and Home Depot (HD) 315.14 (+2.38%).

The Dow stock losers Wednesday were Disney (DIS) 124.57 (-5.56%), Salesforce (CRM) 186.23 (-2.70%) and Boeing (BA) 183.55 (-1.31%).

The 10 YR yield is currently at 2.929%.

The 10-year Treasury yield rose Thursday but remained below Tuesday’s more than three-year high of 2.94%.

Fed Chief Jerome Powell is set to join an International Monetary Fund debate on the global economy, starting at 1 p.m. ET.

Before the opening bell Thursday, initial jobless claims came in slightly higher than estimates at 184,000 for the week ended April 16.

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

The national average price of gasoline is up six-tenths of a cent at $4.120 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) reported earnings on 4/13/2022 before the market open with $2.63, missing estimates of $2.734 per share.

Goldman Sachs (GS) reported earnings on 4/14/2022 before the market open with $10.76, beating estimates of $8.89 per share.

UnitedHealth (UNH) reported earnings on 4/14/2022 before the market open with $5.49, beating estimates of $5.401 per share.

Johnson & Johnson (JNJ) reported earnings on 4/19/2022 before the market open with $2.67, beating estimates of $2.597 per share.

Travelers (TRV) reported earnings on 4/19/2022 before the market open with $4.22, beating estimates of $3.701 per share.

IBM (IBM) reported earnings on 4/19/2022 after the market close with $1.40, beating estimates of $1.344 per share.

Procter & Gamble (PG) reported earnings on 4/20/2022 before the market open with $1.33, beating estimates of $1.284 per share.

Dow (DOW) reports earnings on 4/21/2022 before the market open with $2.34, beating estimates of $2.018 per share.

American Express (AXP) 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.

Honeywell (HON) reports earnings on 4/29/2022 before the market open.

Disney (DIS) reports earnings on 5/11/2022 after the market close.

Today’s Featured Dow Stock

Procter & Gamble (PG)

Procter & Gamble (PG) 163.65 (+2.66%) is up +0.00% (7 cents) in 2022.

Financial Calendar

08:30 AM ET Continuing Jobless Claims
08:30 AM ET Initial Jobless Claims
08:30 AM ET Jobless Claims 4-Week Avg
08:30 AM ET Philadelphia Fed Manufacturing Index (Apr)
08:30 AM ET Philly Fed Business Conditions (Apr)
08:30 AM ET Philly Fed CAPEX Index (Apr)
08:30 AM ET Philly Fed Employment (Apr)
08:30 AM ET Philly Fed New Orders (Apr)
08:30 AM ET Philly Fed Prices Paid (Apr)
10:00 AM ET US Leading Index (MoM) (Mar)
10:30 AM ET Natural Gas Storage
11:00 AM ET Fed Chair Powell Speaks
11:00 AM ET IMF Meetings
11:30 AM ET 4-Week Bill Auction
11:30 AM ET 8-Week Bill Auction
13:00 PM ET 5-Year TIPS Auction
13:00 PM ET Fed Chair Powell Speaks