Dow stocks hitting 52-week highs include McDonald’s (MCD) 284.48 (+0.25%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open up +147 points.

Tuesday the Dow closed up +98.27 (+0.29%) at 33,684.79.

Year-to-date the Dow is up +1.62%.

Tuesday, (18) Dow stocks were up, none were at 52-week lows and (1) was at 52-week highs.

The Dow stock winners Tuesday were led by Caterpillar (CAT) 220.60 (+2.35%), 3M (MMM) 104.56 (+1.75%) and Nike (NKE) 123.30 (+1.14%).

The Dow stock losers Tuesday were led by Microsoft (MSFT) 282.83 (-2.27%), Cisco (CSCO) 50.62 (-1.38%) and Salesforce (CRM) 188.89 (-1.36%).

The VIX closed Tuesday at 19.10 (+0.69%). The VIX is currently at 18.62 (-2.51%). The 10YR is at 3.366.

Dow futures are higher this morning after the March consumer price index showed a rise of 0.1% month over month and 5% year over year. Economists were expecting CPI to rise by 0.2% month over month and 5.1% year over year. Excluding food and energy, core CPI increased 0.4% and 5.6% on an annual basis, both as expected.

Minutes from the Federal Reserve’s March policy meeting are also due out today at 2:00 PM ET.

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

The national average price of gasoline is up 1.3 cents at $3.621 per gallon.

Earnings Reports

JPMorgan (JPM) reports earnings on 4/14/23 before the market open.

UnitedHealth (UNH) reports earnings on 4/14/23 before the market open.

Goldman Sachs (GS) reports earnings on 4/18/23 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/18/23 before the market open.

Travelers (TRV) reports earnings on 4/19/23 before the market open.

IBM (IBM) reports earnings on 4/19/23 after the market close.

American Express (AXP) reports earnings on 4/20/23 before the market open.

Procter & Gamble (PG) reports earnings on 4/21/23 before the market open.

Coca Cola (KO) reports earnings on 4/24/23 before the market open.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) 284.48 (+0.25%) is up +7.95% in 2023.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.40%
07:00 AM ET MBA Mortgage Applications (WoW), -4.1%
07:00 AM ET MBA Purchase Index, 166.6
07:00 AM ET Mortgage Market Index, 217.9
07:00 AM ET Mortgage Refinance Index, 477.2
08:30 AM ET Core CPI (MoM) (Mar), 0.4%, 0.5%
08:30 AM ET Core CPI (YoY) (Mar), 5.6%, 5.5%
08:30 AM ET Core CPI Index (Mar), 305.57, 304.07
08:30 AM ET CPI (MoM) (Mar), 0.2%, 0.4%
08:30 AM ET CPI (YoY) (Mar), 5.2%, 6.0%
08:30 AM ET CPI Index, n.s.a. (Mar), 302.25, 300.84
08:30 AM ET CPI Index, s.a (Mar), 302.60, 301.65
08:30 AM ET CPI, n.s.a (MoM) (Mar), 0.40%, 0.56%
08:30 AM ET Real Earnings (MoM) (Mar), -0.2%, -0.4%
10:30 AM ET Crude Oil Inventories, -0.583M, -3.739M
10:30 AM ET EIA Refinery Crude Runs (WoW), -0.198M
10:30 AM ET Crude Oil Imports, -0.757M, 1.164M
10:30 AM ET Cushing Crude Oil Inventories, 0.130M, -0.970M
10:30 AM ET Distillate Fuel Production, 0.032M, 0.107M
10:30 AM ET EIA Weekly Distillates Stocks, -0.764M, -3.632M
10:30 AM ET Gasoline Production, 0.125M, -0.187M
10:30 AM ET Heating Oil Stockpiles, 0.171M, -0.721M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 0.5%, -0.7%
10:30 AM ET Gasoline Inventories, -1.600M, -4.119M
11:00 AM ET Cleveland CPI (MoM) (Mar), 0.6%, 0.6%
11:00 AM ET IMF Meetings
12:00 PM ET Thomson Reuters IPSOS PCSI (Apr), 51.35
13:00 PM ET 10-Year Note Auction, 3.985%
14:00 PM ET Federal Budget Balance (Mar), -302.0B, -262.0B
14:00 PM ET FOMC Meeting Minutes