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 +149 points.

Wednesday the Dow closed up +139.53 (+0.32%) at 43,408.47.

Year-to-date the Dow is up +15.17%.

Wednesday, (12) Dow stocks were up, none made 52-week lows, and none made 52-week highs.

The Dow stock winners Wednesday were led by UnitedHealth (UNH) 600.50 (+4.07%), Amgen (AMGN) 287.87 (+2.83%) and IBM (IBM) 214.60 (+2.07%).

The Dow stock losers Wednesday were led by Home Depot (HD) 400.00 (-1.67%), Visa (V) 307.39 (-1.43%) and JPMorgan (JPM) 240.78 (-0.95%).

The VIX closed Wednesday at 17.16 (+4.95%) and the 10 YR at 4.409 (+0.11%). The VIX is currently at 15.89 (-7.40%). The 10YR is at 4.406 (+0.05%).

Initial weekly applications for unemployment insurance came in at 213,000 for the week ended Nov. 16, down from last week’s revised 219,000 claims, the Dept. of Labor said. Wall Street economists’ consensus estimate had been 220,000. While the latest jobless claims numbers showed the labor market at least holding steady, if not strengthening, two other measures out Thursday may signal nascent economic weakness. Continuing claims for jobless insurance climbed to 1.908 million from 1.872 million last week and 25,000 more than the Street’s estimate of 1.883 million. And the Philadelphia Federal Reserve manufacturing index of activity in the region slowed to -5.5 in November against economists’ estimate of +6.9 and October’s +10.3.

Bitcoin breached the $98,000 level for the first time Thursday.

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

The national average price of gasoline is down three-tenths of a cent at $3.063 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 10/1/24 after the market close with $0.70, beating estimates for $0.514 per share.

JPMorgan (JPM) reported earnings on 10/11/24 before the market open with $4.37, beating estimates of $4.01 per share.

Goldman Sachs (GS) reported earnings on 10/15/24 before the market open with $8.40, beating estimates of $6.89 per share.

Johnson & Johnson (JNJ) reported earnings on 10/15/24 before the market open with $2.41, beating estimates for $2.217 per share.

UnitedHealth (UNH) reported earnings on 10/15/24 before the market open with $7.15, beating estimates for $7.015 per share.

Travelers (TRV) reported earnings on 10/17/24 before the market open with $5.24, beating estimates for $3.794 per share.

American Express (AXP) reports earnings on 10/18/24 before the market open with $3.49, beating estimates for $3.266 per share.

Procter & Gamble (PG) reports earnings on 10/18/24 before the market open with $1.93, beating estimates for $1.898 per share.

3M (MMM) reported earnings on 10/22/24 before the market open with $1.98, beating estimates for $1.93 per share.

Verizon (VZ) reported earnings on 10/22/24 before the market open with $1.19, beating estimates for $1.181 per share.

Boeing (BA) reported earnings on 10/23/24 before the market open with -$10.44, missing estimates for -$10.337 per share.

Coca Cola (KO) reported earnings on 10/23/24 before the market open with $0.77, beating estimates for $0.743 per share.

IBM (IBM) reported earnings on 10/23/24 after the market close with $2.30, beating estimates for $2.265 per share.

Dow (DOW) reported earnings on 10/24/24 before the market open with $0.47, beating estimates for $0.464 per share.

Honeywell (HON) reported earnings on 10/24/24 before the market open with $2.58, beating estimates for $2.501 per share.

McDonald’s (MCD) reported earnings on 10/29/24 before the market open with $3.23, beating estimates for $3.181 per share.

Visa (V) reported earnings on 10/29/24 after the market close with $2.71, beating estimates for $2.581 per share.

Caterpillar (CAT) reported earnings on 11/05/24 before the market open with $5.17, missing estimates for $5.33 per share.

Amgen (AMGN) reports earnings on 10/30/24 after the market close with $5.58, beating estimates for $5.109 per share.

Microsoft (MSFT) reported earnings on 10/30/24 after the market close with $3.30, beating estimates for $3.083 per share.

Merck (MRK) reported earnings on 10/31/24 before the market open with $1.57, beating estimates for $1.504 per share.

Intel (INTC) reported earnings on 10/31/24 after the market close with -$0.46, missing estimates for -$0.205 per share.

Amazon (AMZN) reported earnings on 10/31/24 after the market close with $1.43, beating estimates for $1.144 per share.

Apple (AAPL) reported earnings on 10/31/24 after the market close with $1.64, beating estimates for $1.49 per share.

Chevron (CVX) reported earnings on 11/01/24 before the market open with $2.51, beating estimates for $2.47 per share.

Home Depot (HD) reported earnings on 11/12/24 before the market open with $3.78, beating estimates for $3.643 per share.

Cisco (CSCO) reports earnings on 11/13/24 after the market close with $0.91, beating estimates for $0.706 per share.

Disney (DIS) reported earnings on 11/14/24 before the market open with $1.14, beating estimates for $1.09 per share.

Walmart (WMT) reported earnings on 11/19/24 before the market open with $0.58, beating estimates for $0.531 per share.

Nvidia (NVDA) reported earnings on 11/20/24 after the market close with $0.81, beating estimates for $0.704 per share.

Salesforce (CRM) reports earnings on 12/3/24 after the market close.

Today’s Featured Dow Stock

Nvidia (NVDA)

Nvidia (NVDA) 145.89 (-0.76%) is up +195% in 2024.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,873K
08:30 AM ET Initial Jobless Claims, 220K, 217K
08:30 AM ET Jobless Claims 4-Week Avg., 221.00K
08:30 AM ET Philadelphia Fed Manufacturing Index (Nov), 6.3, 10.3
08:30 AM ET Philly Fed Business Conditions (Nov), 36.7
08:30 AM ET Philly Fed CAPEX Index (Nov), 23.50
08:30 AM ET Philly Fed Employment (Nov), -2.2
08:30 AM ET Philly Fed New Orders (Nov), 14.2
08:30 AM ET Philly Fed Prices Paid (Nov), 29.70
10:00 AM ET Existing Home Sales (Oct), 3.94M, 3.84M
10:00 AM ET Existing Home Sales (MoM) (Oct), -1.0%
10:00 AM ET US Leading Index (MoM) (Oct), -0.3%, -0.5%
10:30 AM ET Natural Gas Storage, 42B
11:00 AM ET KC Fed Composite Index (Nov), -4
11:00 AM ET KC Fed Manufacturing Index (Nov), 0
11:30 AM ET 4-Week Bill Auction, 4.510%
11:30 AM ET 8-Week Bill Auction, 4.460%
12:25 PM ET Fed Goolsbee Speaks
13:00 PM ET 10-Year TIPS Auction, 1.592%
16:30 PM ET Fed’s Balance Sheet, 6,967B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.192T
16:40 PM ET Fed Vice Chair for Supervision Barr Speaks