Dow stocks hitting 52-week highs include IBM (IBM) 220.23 (+0.12%) and Walmart (WMT) 81.40 (+0.90%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +211 points.

Tuesday the Dow closed up +83.57 (+0.20%) at 42,208.22.

Year-to-date the Dow is up +11.99%.

Tuesday, (19) Dow stocks were up, none made 52-week lows, and (4) made 52-week highs.

The Dow stock winners Tuesday were led by Caterpillar (CAT) 385.93 (+3.98%), Dow (DOW) 53.45 (+2.71%) and Salesforce (CRM) 270.44 (+2.36%).

The Dow stock losers Tuesday were led by Visa (V) 272.78 (-5.49%), Amgen (AMGN) 330.92 (-1.40%) and Microsoft (MSFT) 429.17 (-1.00%).

The VIX closed Tuesday at 15.41 (+0.13%) and the 10 YR at 3.779 (0.00%). The VIX is currently at 15.16 (-1.62%). The 10YR is at 3.773 (-0.16%).

Initial jobless claims for the week ending Sept. 21 totaled 218,000, a decrease of 4,000 from the previous period and slightly better than the 223,000 Dow Jones estimate. Continuing claims, which run a week behind, rose to 1.834 million, a touch below the FactSet forecast.

Orders for long-lasting “durable goods” orders for items such as aircraft, appliances and computers, were little changed for August, better than the estimate for a 3% decline.

Gross domestic product rose at a 3% annualized rate in the second quarter, according to the last of three readings from the Commerce Department. That was in line with market expectations.

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

The national average price of gasoline is up seven-tenths of a cent at $3.220 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 10/1/24 after the market close.

JPMorgan (JPM) reports earnings on 10/11/24 before the market open.

Goldman Sachs (GS) reports earnings on 10/15/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 10/15/24 before the market open.

UnitedHealth (UNH) reports earnings on 10/15/24 before the market open.

Travelers (TRV) reports earnings on 10/17/24 before the market open.

American Express (AXP) reports earnings on 10/18/24 before the market open.

Procter & Gamble (PG) reports earnings on 10/18/24 before the market open.

Verizon (VZ) reports earnings on 10/22/24 before the market open.

Microsoft (MSFT) reports earnings on 10/22/24 after the market close.

Visa (V) reports earnings on 10/22/24 after the market close.

Coca Cola (KO) reports earnings on 10/23/24 before the market open.

IBM (IBM) reports earnings on 10/23/24 after the market close.

Today’s Featured Dow Stock

Honeywell (HON)

Honeywell (HON) 206.78 (+0.74%) is down -0.61% in 2024.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,829K
08:30 AM ET Core Durable Goods Orders (MoM) (Aug), 0.1%, -0.2%
08:30 AM ET Core PCE Prices (Q2), 2.80%, 3.70%
08:30 AM ET Corporate Profits (QoQ) (Q2), 1.7%, -2.7%
08:30 AM ET Durable Goods Orders (MoM) (Aug), -2.8%, 9.9%
08:30 AM ET Durables Excluding Defense (MoM) (Aug), 10.3%
08:30 AM ET GDP (QoQ) (Q2), 3.0%, 1.4%
08:30 AM ET GDP Price Index (QoQ) (Q2), 2.5%, 3.1%
08:30 AM ET GDP Sales (Q2), 2.2%, 1.8%
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (Aug), 0.0%, -0.1%
08:30 AM ET Initial Jobless Claims, 224K, 219K
08:30 AM ET Jobless Claims 4-Week Avg., 227.50K
08:30 AM ET PCE Prices (Q2), 2.5%, 3.4%
08:30 AM ET Real Consumer Spending (Q2), 2.9%, 1.5%
09:10 AM ET Fed Collins Speaks
09:10 AM ET FOMC Member Kugler Speaks
09:15 AM ET FOMC Member Bowman Speaks
09:20 AM ET Fed Chair Powell Speaks
09:25 AM ET FOMC Member Williams Speaks
10:00 AM ET Pending Home Sales (MoM) (Aug), 0.9%, -5.5%
10:00 AM ET Pending Home Sales Index (Aug), 70.2
10:30 AM ET Fed Governor Cook Speaks
10:30 AM ET Fed Vice Chair for Supervision Barr Speaks
10:30 AM ET Natural Gas Storage, 52B, 58B
11:00 AM ET KC Fed Composite Index (Sep), -3
11:00 AM ET KC Fed Manufacturing Index (Sep), 6
11:15 AM ET Treasury Secretary Yellen Speaks
11:30 AM ET 4-Week Bill Auction, 4.700%
11:30 AM ET 8-Week Bill Auction, 4.690%
13:00 PM ET 7-Year Note Auction, 3.770%
13:00 PM ET Fed Vice Chair for Supervision Barr Speaks
13:00 PM ET FOMC Member Kashkari Speaks
16:30 PM ET Fed’s Balance Sheet, 7,109B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.217T
18:00 PM ET Fed Governor Cook Speaks