Dow stocks hitting 52-week highs include Nvidia (NVDA) 140.14 (-6.22%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +8 points.

Tuesday the Dow closed down -178.20 (-0.42%) at 42,258.36.

Year-to-date the Dow is down -0.07%.

Tuesday, (15) Dow stocks were up, none made 52-week lows, and (1) made 52-week highs.

The Dow stock winners Tuesday were led by 3M (MMM) 132.77 (+1.90%), Johnson & Johnson (JNJ) 146.23 (+1.79%) and Chevron (CVX) 149.59 (+1.58%). 16.

The Dow stock losers Tuesday were led by Nvidia (NVDA) 140.14 (-6.22%), Amazon (AMZN) 222.11 (-2.42%) and Verizon (VZ) 38.92 (-1.74%).

The VIX closed Tuesday at 17.82 (+11.10%) and the 10 YR at 4.680 (+1.01%). The VIX is currently at 18.70 (+4.95%). The 10YR is at 4.703 (+0.43%).

Data released Wednesday morning showed private sector job creation in December eased more than expected, while wages grew at the slowest pace since July 2021, according to payment processing firm ADP. Investors are now turning to minutes from the Fed’s December meeting which are slated for release at 2 p.m. ET.

Markets are currently pricing in a 95% chance of no reductions at the central bank’s meeting this month.

Initial filings for unemployment benefits fell last week, signaling that while the labor market may be softening, employers are not cutting staff. Claims totaled 201,000 for the period ending Jan. 4, down 10,000 from the prior period for the lowest total in nearly a year. Economists surveyed by Dow Jones had been looking for 215,000. Continuing claims, which run a week behind, totaled 1.87 million, an increase of 33,000 from the week before.

Private sector companies added less jobs than expected during the month of December, while wages grew at the slowest pace in nearly three-and-a-half years, payment processing firm ADP reported Wednesday. Companies added a seasonally adjusted 122,000 jobs for the month, down from 146,000 additions in November and less than the consensus forecast for 136,000. It marked the smallest increase since August.

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

The national average price of gasoline is up one-tenth of a cent at $3.069 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 12/19/24 after the market close with $0.78, beating estimates for $0.63 per share.

JPMorgan (JPM) reports earnings on 1/15/25 before the market open.

Goldman Sachs (GS) reports earnings on 1/15/25 before the market open.

UnitedHealth (UNH) reports earnings on 1/16/25 before the market open.

3M (MMM) reports earnings on 1/21/25 before the market open.

Johnson & Johnson (JNJ) reports earnings on 1/22/25 before the market open.

Procter & Gamble (PG) reports earnings on 1/22/25 before the market open.

Travelers (TRV) reports earnings on 1/22/25 before the market open.

American Express (AXP) reports earnings on 1/24/25 before the market open.

Verizon (VZ) reports earnings on 1/24/25 before the market open.

Microsoft (MSFT) reports earnings on 1/28/25 after the market close.

Boeing (BA) reports earnings on 1/29/25 before the market open.

IBM (IBM) reports earnings on 1/29/25 after the market close.

Honeywell (HON) reports earnings on 1/30/25 before the market open.

McDonald’s (MCD) reports earnings on 1/30/25 before the market open.

Sherwin Williams (SHW) reports earnings on 1/30/25 before the market open.

Apple (AAPL) reports earnings on 1/30/25 after the market close.

Chevron (CVX) reports earnings on 1/31/25 before the market open.

Merck (MRK) reports earnings on 2/4/25 before the market open.

Amgen (AMGN) reports earnings on 2/4/25 after the market close.

Visa (V) reports earnings on 2/4/25 after the market close.

Today’s Featured Dow Stock

Nike (NKE)

Nike (NKE) 72.09 (+0.13%) is down -4.73% in 2025.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.97%
07:00 AM ET MBA Mortgage Applications (WoW), -12.6%
07:00 AM ET MBA Purchase Index, 136.7
07:00 AM ET Mortgage Market Index, 174.9
07:00 AM ET Mortgage Refinance Index, 395.1
08:15 AM ET ADP Nonfarm Employment Change (Dec), 136K, 146K
08:30 AM ET Continuing Jobless Claims, 1,870K, 1,844K
08:30 AM ET Fed Waller Speaks
08:30 AM ET Initial Jobless Claims, 214K, 211K
08:30 AM ET Jobless Claims 4-Week Avg., 223.25K
10:00 AM ET Wholesale Inventories (MoM) (Nov), -0.2%
10:00 AM ET Wholesale Trade Sales (MoM) (Nov), -0.1%
10:30 AM ET Crude Oil Inventories, -0.250M, -1.178M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.041M
10:30 AM ET Crude Oil Imports, 0.323M
10:30 AM ET Cushing Crude Oil Inventories, -0.142M
10:30 AM ET Distillate Fuel Production, 0.099M
10:30 AM ET EIA Weekly Distillates Stocks, 0.500M, 6.406M
10:30 AM ET Gasoline Production, -0.959M
10:30 AM ET Heating Oil Stockpiles, -0.416M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 0.2%
10:30 AM ET Gasoline Inventories, 0.500M, 7.717M
11:00 AM ET Thomson Reuters IPSOS PCSI (Jan), 57.59
12:00 PM ET Natural Gas Storage, -116B
13:00 PM ET 30-Year Bond Auction, 4.535%
14:00 PM ET FOMC Meeting Minutes
15:00 PM ET Consumer Credit (Nov), 10.60B, 19.24B