There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Intel (INTC) 20.49 (+7.90%).

The Market

Premarket today, the Dow was indicated to be down -55 points.

Thursday the Dow closed up +683.04 (+1.76%) at 39,446.49.

Year-to-date the Dow is up +4.66%.

Thursday, (29) Dow stocks were up, (1) made 52-week lows and none made 52-week highs.

The Dow stock winners Thursday were led by Apple (AAPL) 213.31 (+1.66%), Amgen (AMGN) 324.69 (+3.90%), Amazon (AMZN) 165.80 (+1.86%), American Express (AXP) 233.54 (+2.07%), Boeing (BA) 168.87 (+3.45%) and Caterpillar (CAT) 336.16 (+3.18%).

The Dow stock losers Thursday were not to be found. Disney (DIS) was however unchanged on the day closing at 85.96.

The VIX closed Thursday at 23.79 (-14.58%) and the 10 YR at 3.985 (+0.56%). The VIX is currently at 23.94 (+0.63%). The 10YR is at 3.922 (-1.75%).

Stocks rebounded during Thursday’s regular trading after plunging earlier in the week, as the latest weekly jobless claims number helped alleviate investors’ concerns about the strength of the labor market and state of the U.S. economy.

Investors have bought the dip, deeming the pullback to be a fairly healthy correction.

The flagship cryptocurrency, which has been rebounding alongside risk assets, surpassed the $60,000 threshold on Thursday night.

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

The national average price of gasoline is down one-tenth of a cent at $3.454 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 6/27/24 after the market close with $1.01, beating estimates of $0.83 per share.

JPMorgan (JPM) reported earnings on 7/12/24 before the market open with $6.12, beating estimates for $4.192 per share.

Goldman Sachs (GS) reports earnings on 7/15/24 before the market open with $8.62, beating estimates for $8.522 per share.

UnitedHealth (UNH) reported earnings on 7/16/24 before the market open with $6.80, beating estimates for $6.646 per share.

Johnson & Johnson (JNJ) reported earnings on 7/17/24 before the market open with $2.82, beating estimates for $2.71 per share.

American Express (AXP) reported earnings on 7/19/24 before the market open with $3.49, beating estimates for $3.24 per share.

Travelers (TRV) reported earnings on 7/19/24 before the market open with $2.51, beating estimates for $2.224 per share.

Verizon (VZ) reported earnings on 7/22/24 before the market open with $1.15, beating estimates for $1.141 per share.

Coca Cola (KO) reported earnings on 7/23/24 before the market open with $0.84, beating estimates for $0.802 per share.

Visa (V) reported earnings on 7/23/24 after the market close with $2.42, beating estimates for $2.411 per share.

IBM (IBM) reported earnings on 7/24/24 after the market close with $2.43, beating estimates for $2.16 per share.

Dow (DOW) reported earnings on 7/25/24 before the market open with $0.68, missing estimates for $0.718 per share.

Honeywell (HON) reported earnings on 7/25/24 before the market open with $2.49, beating estimates for $2.418 per share.

McDonald’s (MCD) reported earnings on 7/29/24 before the market open with $2.79, missing estimates for $3.079 per share.

3M (MMM) reports earnings on 7/26/24 before the market open with $1.93, beating estimates for $1.662 per share.

Merck (MRK) reported earnings on 7/30/24 before the market open with $2.728, beating estimates for $2.156 per share.

Procter & Gamble (PG) reported earnings on 7/30/24 before the market open with $1.40, beating estimates for $1.367 per share.

Microsoft (MSFT) reports earnings on 7/30/24 after the market close with $2.95, beating estimates for $2.899 per share.

Boeing (BA) reported earnings on 7/31/24 before the market open with -$2.90, missing estimates for -$1.681 per share.

Apple (AAPL) reported earnings on 8/1/24 after the market close with $1.40, beating estimates for $1.342 per share.

Amazon (AMZN) reported earnings on 8/1/24 after the market close with $1.26, beating estimates for $1.046 per share.

Intel (INTC) reported earnings on 8/1/24 after the market close with $0.02, beating estimates for -$0.115 per share.

Chevron (CVX) reported earnings on 8/2/24 before the market open with $2.55, missing estimates for $2.879 per share.

Caterpillar (CAT) reported earnings on 8/6/24 before the market open with $5.99, beating estimates for $5.534 per share.

Amgen (AMGN) reported earnings on 8/6/24 after the market close with $4.93, beating estimates for $4.97 per share.

Disney (DIS) reported earnings on 8/7/24 before the market open with $1.204, beating estimates for $1.39 per share.

Home Depot (HD) reports earnings on 8/13/24 before the market open.

Cisco (CSCO) reports earnings on 8/14/24 after the market close.

Walmart (WMT) reports earnings on 8/15/24 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 485.77 (+2.70%) is up +38.58% in 2024.

Financial Calendar

13:00 PM ET U.S. Baker Hughes Oil Rig Count, 482
13:00 PM ET U.S. Baker Hughes Total Rig Count, 586
15:30 PM ET CFTC Aluminium speculative net positions, 2.4K
15:30 PM ET CFTC Copper speculative net positions, 24.5K
15:30 PM ET CFTC Corn speculative net positions, -212.4K
15:30 PM ET CFTC Crude Oil speculative net positions, 245.5K
15:30 PM ET CFTC Gold speculative net positions, 246.6K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, 2.4K
15:30 PM ET CFTC Natural Gas speculative net positions, -83.1K
15:30 PM ET CFTC S&P 500 speculative net positions, 12.0K
15:30 PM ET CFTC Silver speculative net positions, 49.1K
15:30 PM ET CFTC Soybeans speculative net positions, -167.9K
15:30 PM ET CFTC Wheat speculative net positions, -43.3K