There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +72 points.

Thursday the Dow closed down -66.63 (-0.19%) at 35,215.89.

Year-to-date the Dow is up +6.24%.

Thursday, (16) Dow stocks were up, none were at 52-week lows and none were at 52-week highs.

The Dow stock winners Thursday were led by Intel (INTC) 34.87 (+1.40%), Cisco (CSCO) 53.15 (+1.08%) and Nike (NKE) 108.64 (+1.05%).

The Dow stock losers Thursday were led by Salesforce (CRM) 215.56 (-2.24%), Caterpillar (CAT) 281.45 (-2.13%) and 3M (MMM) 107.19 (-1.58%).

The VIX closed Thursday at 15.92 (-1.06%) and the 10 YR at 4.152 (-0.31%). The VIX is currently at 15.30 (-3.89%). The 10YR is at 4.123 (-1.01%).

Friday’s payrolls report showed 187,000 jobs added in July, less than the 200,000 expected by economists polled by Dow Jones. The unemployment rate also ticked lower to 3.5% from 3.6%. Average hourly wages pointed toward more inflation and came in ahead of expectations, rising 0.4% for the month, and 4.4% on an annualized basis. That came in slightly ahead of the 0.3% and 4.2% expected, respectively. The labor force participation rate for prime-age workers fell to 83.4% in July after hitting the highest level since May 2002 in June.

Apple (AAPL) beat analyst expectations in its third-quarter earnings report, but it saw some challenges. Overall sales for the tech giant were down 1% year over year, and revenue in the company’s main product lines fell from a year earlier. Although it doesn’t issue official guidance, Apple said it expects revenue to decline in the next quarter.

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

The national average price of gasoline is up 1.0 cent at $3.831 per gallon.

Earnings Reports

Walgreens (WBA) reported earnings on 6/27/2023 before the market open with $1.00, missing estimates of $1.069 per share.

Nike (NKE) reported earnings on 6/29/2023 after the market close with $0.66, missing estimates of $0.672 per share.

JPMorgan (JPM) reported earnings on 7/14/2023 before the market open with $4.75, beating estimates of $3.615 per share.

UnitedHealth (UNH) reports earnings on 7/14/2023 before the market open with $6.14, beating estimates of $5.921 per share.

Goldman Sachs (GS) reported earnings on 7/19/2023 before the market open with $3.08, missing estimates of $3.245 per share.

IBM (IBM) reported earnings on 7/19/2023 after the market close with $2.18, beating estimates of $2.002 per share.

Johnson & Johnson (JNJ) reported earnings on 7/20/2023 before the market open with $2.80, beating estimates of $2.614 per share.

Travelers (TRV) reported earnings on 7/20/2023 before the market open with $0.06, missing estimates of $2.273 per share.

American Express (AXP) reports earnings on 7/21/2023 before the market open with $2.88, beating estimates of $2.801 per share.

Dow (DOW) reported earnings on 7/25/2023 before the market open with $0.68, missing estimates of $0.699 per share.

3M (MMM) reported earnings on 7/25/2023 before the market open with $2.17, beating estimates of $1.648 per share.

Verizon (VZ) reported earnings on 7/25/2023 before the market open with $1.21, beating estimates of $1.17 per share.

Microsoft (MSFT) reported earnings on 7/25/2023 after the market close with $2.69, beating estimates of $2.544per share.

Visa (V) reported earnings on 7/25/2023 after the market close with $2.16, beating estimates of $2.109 per share.

Coca Cola (KO) reported earnings on 7/26/2023 before the market open with $0.78, beating estimates of $0.716 per share.

Boeing (BA) reported earnings on 7/26/2023 before the market open with $-0.82, beating estimates of $-0.986 per share.

Honeywell (HON) reported earnings on 7/27/2023 before the market open with $2.23, beating estimates of $2.201 per share.

McDonald’s (MCD) reported earnings on 7/27/2023 before the market open with $3.17, beating estimates of $2.772 per share.

Intel (INTC) reported earnings on 7/27/2023 after the market close with $0.13, beating estimates of $-0.189 per share.

Chevron (CVX) reports earnings on 7/28/2023 after the market close with $3.08, beating estimates of $2.95 per share.

Procter & Gamble (PG) reports earnings on 7/28/2023 after the market close with $1.37, beating estimates of $1.321 per share.

Caterpillar (CAT) reported earnings on 8/1/2023 before the market open with $5.55, beating estimates of $4.513 per share.

Merck (MRK) reported earnings on 8/1/2023 before the market open with $-2.06, beating estimates of $-2.165 per share.

Amgen (AMGN) reports earnings on 8/3/2023 after the market close.

Apple (AAPL) reports earnings on 8/3/2023 after the market close.

Disney (DIS) reports earnings on 8/9/2023 after the market close.

Home Depot (HD) reports earnings on 8/15/2023 before the market open.

Today’s Featured Dow Stock

UnitedHealth (UNH)

UnitedHealth (UNH) 504.86 (+0.01%) is down -4.78% in 2023.

Financial Calendar

08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Jul), 4.2%, 4.4%
08:30 AM ET Average Hourly Earnings (MoM) (Jul), 0.3%, 0.4%
08:30 AM ET Average Weekly Hours (Jul), 34.4, 34.4
08:30 AM ET Government Payrolls (Jul), 60.0K
08:30 AM ET Manufacturing Payrolls (Jul), 5K, 7K
08:30 AM ET Nonfarm Payrolls (Jul), 200K, 209K
08:30 AM ET Participation Rate (Jul), 62.6%, 62.6%
08:30 AM ET Private Nonfarm Payrolls (Jul), 175K, 149K
08:30 AM ET U6 Unemployment Rate (Jul), 6.8%, 6.9%
08:30 AM ET Unemployment Rate (Jul), 3.6%, 3.6%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 529
13:00 PM ET U.S. Baker Hughes Total Rig Count, 664
16:30 PM ET CFTC Aluminium speculative net positions, 6.8K
16:30 PM ET CFTC Copper speculative net positions, 1.2K
16:30 PM ET CFTC Corn speculative net positions, 70.5K
16:30 PM ET CFTC Crude Oil speculative net positions, 225.2K
16:30 PM ET CFTC Gold speculative net positions, 173.6K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, -10.7K
16:30 PM ET CFTC Natural Gas speculative net positions, -97.1K
16:30 PM ET CFTC S&P 500 speculative net positions, -232.6K
16:30 PM ET CFTC Silver speculative net positions, 36.9K
16:30 PM ET CFTC Soybeans speculative net positions, 135.0K
16:30 PM ET CFTC Wheat speculative net positions, -20.6K