There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Johnson Johnson (JNJ) 151.24 (-1.12%) and 3M (MMM) 105.52 (-1.53%).

The Market

Premarket today, the Dow was indicated to open down -70 points.

Thursday the Dow closed down -543.54 (-1.66%) at 32,254.86.

Year-to-date the Dow is down -2.69%.

Thursday , (1) Dow stocks was up, (2) were at 52-week lows and none were at 52-week highs.

The Dow stock winner Thursday was Intel (INTC) 26.44 (+1.77%).

The Dow stock losers Tuesday were led by JPMorgan (JPM) 130.34 (-5.41%), Walgreens (WBA) 33.29 (-3.45%), Disney (DIS) 96.14 (-3.18%), Caterpillar (CAT) 240.96 (-3.12%) and Boeing (BA) 201.24 (-2.88%).

The VIX closed Thursday at 22.61 (+18.32%). The VIX is currently at 22.40 (-0.93%).

The February jobs report has arrived. Payrolls rose by 311,000 last month, according to the Bureau of Labor Statistics. The unemployment rate ticked up to 3.6%. That’s well above the 225,000 jobs expected by economists. While it’s well under the shocking 517,000 jobs in January, it’s still considered a big number, making for another potential “good news is bad news” scenario for the bulls. Average hourly earnings increased by 0.24% last month, the report showed, lighter than the 0.4% increase expected by economists polled by Dow Jones. Wages increased by 4.6% from a year ago, compared to the 4.8% estimate.

The 10-year Treasury yield dropped more than 14 basis points to 3.779% following the report. The spike in rates this year has weighed on stocks.

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

The national average price of gasoline is up seven-tenths of a cent at $3.474 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 3/21/23 after the market close.

Walgreens (WBA) reports earnings on 3/28/23 before the market open.

Today’s Featured Dow Stock

Walmart (WMT)

Walmart (WMT) 137.17 (-0.67%) is down -3.26% in 2023.

Financial Calendar

08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Feb), 4.7%, 4.4%
08:30 AM ET Average Weekly Hours (Feb), 34.6, 34.7
08:30 AM ET Government Payrolls (Feb), 74.0K
08:30 AM ET Manufacturing Payrolls (Feb), 12K, 19K
08:30 AM ET Nonfarm Payrolls (Feb), 205K, 517K
08:30 AM ET Participation Rate (Feb), 62.4%
08:30 AM ET Private Nonfarm Payrolls (Feb), 210K, 443K
08:30 AM ET U6 Unemployment Rate (Feb), 6.6%
08:30 AM ET Unemployment Rate (Feb), 3.4%, 3.4%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 592
13:00 PM ET U.S. Baker Hughes Total Rig Count, 749
14:00 PM ET Federal Budget Balance (Feb), -256.0B, -39.0B
15:30 PM ET CFTC Aluminium speculative net positions, 5.5K
15:30 PM ET CFTC Copper speculative net positions, 2.5K
15:30 PM ET CFTC Corn speculative net positions, 282.4K
15:30 PM ET CFTC Crude Oil speculative net positions, 224.2K
15:30 PM ET CFTC Gold speculative net positions, 128.8K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, -14.9K
15:30 PM ET CFTC Natural Gas speculative net positions, -178.1K
15:30 PM ET CFTC S&P 500 speculative net positions, -217.5K
15:30 PM ET CFTC Silver speculative net positions, 13.5K
15:30 PM ET CFTC Soybeans speculative net positions, 174.8K
15:30 PM ET CFTC Wheat speculative net positions, -46.3K