Dow stocks hitting 52-week highs include Intel (INTC) 38.18 (+3.24%) and Walmart (WMT) 163.47 (+1.24%). Dow stock 52-week lows include Disney (DIS) 80.57 (-0.51%) and Walgreens (WBA) 22.04 (-2.65%).

The Market

Premarket today, the Dow was indicated to be down -10 points.

Thursday the Dow closed up +57.54 (+0.17%) at 34,500.73.

Year-to-date the Dow is up +4.08%.

Thursday, (8) Dow stocks were up, (2) were at 52-week lows and (2) were at 52-week highs.

The Dow stock winners Thursday were led by Intel (INTC) 38.18 (+3.24%), Amgen (AMGN) 254.39 (+2.16%).

The Dow stock losers Thursday were led by Apple (AAPL) 177.56 (-2.92%), Walgreens (WBA) 22.04 (-2.65%) and Nike (NKE) 97.93 (-2.25%).

The VIX closed Thursday at 14.40 (-0.35%) and the 10 YR at 4.225 (–0.68%). The VIX is currently at 14.46 (+0.42%). The 10YR is at 4.250 (-0.09%).

Not much going on today. I’m thinking we will get a bounce today. Guess we will see.

Oil prices are higher by more than 2% this week as tighter supply outweighed broader concerns, and added to investor fears that inflation could remain stubbornly high. Brent crude futures were last trading at around $90.62 a barrel, while U.S. West Texas Intermediate crude (WTI) futures were up at $87.50 a barrel.

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

The national average price of gasoline is up five-tenths of a cent at $3.808 per gallon.

Earnings Reports

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

3M (MMM)

3M (MMM) 105.95 (-0.39%) is down -11.65% in 2023.

Financial Calendar

09:00 AM ET Fed Vice Chair for Supervision Barr Speaks
10:00 AM ET Wholesale Inventories (MoM) (Jul), -0.1%, -0.5%
10:00 AM ET Wholesale Trade Sales (MoM) (Jul), -0.2%, -0.7%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 512
13:00 PM ET U.S. Baker Hughes Total Rig Count, 631
15:00 PM ET Consumer Credit (Jul), 16.00B, 17.85B
16:30 PM ET CFTC Aluminium speculative net positions, 6.0K
16:30 PM ET CFTC Copper speculative net positions, -16.6K
16:30 PM ET CFTC Corn speculative net positions, -35.8K
16:30 PM ET CFTC Crude Oil speculative net positions, 240.9K
16:30 PM ET CFTC Gold speculative net positions, 123.3K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, 16.2K
16:30 PM ET CFTC Natural Gas speculative net positions, -116.3K
16:30 PM ET CFTC S&P 500 speculative net positions, -142.1K
16:30 PM ET CFTC Silver speculative net positions, 27.1K
16:30 PM ET CFTC Soybeans speculative net positions, 92.2K
16:30 PM ET CFTC Wheat speculative net positions, -50.3K