There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Johnson & Johnson (JNJ) 142.27 (-2.71%).

The Market

Premarket today, the Dow was indicated to be down -258 points.

Wednesday the Dow closed up +106.84 (+0.25%) at 42,635.20.

Year-to-date the Dow is up +0.21%.

Wednesday, (18) Dow stocks were up, (1) made 52-week lows, and none made 52-week highs.

The Dow stock winners Wednesday were led by UnitedHealth (UNH) 524.52 (+2.00%), Coca Cola (KO) 61.71 (+1.43%) and 3M (MMM) 134.53 (+1.33%). 16.

The Dow stock losers Wednesday were led by Johnson & Johnson (JNJ) 142.27 (-2.71%), Disney (DIS) 109.76 (-1.46%) and Merck (MRK) 99.85 (-1.16%).

The VIX closed Wednesday at 17.70 (-0.67%) and the 10 YR at 4.691 (+0.17%). The VIX is currently at 18.81 (+6.27%). The 10YR is at 4.751 (+1.47%).

Job growth was much stronger than expected in December, possibly providing the Federal Reserve less incentive to cut interest rates this year. Nonfarm payrolls surged by 256,000 for the month, up from 212,000 in November and above the 155,000 forecast from the consensus, the Bureau of Labor Statistics reported Friday. The unemployment rate edged down to 4.1%, one-tenth of a point below expectations. An alternative measure that includes discouraged workers and those holding part-time positions for economic reasons moved down to 7.5%, a decrease of 0.2 percentage point and the lowest since June 2024. Average hourly earnings increased 0.3% on the month, which was in line with forecasts, but the 12-month gain of 3.9% was slightly below the outlook and indicative that wage inflation at least is becoming less of a factor. The average work week again held steady at 34.3 hours.

The yield on the 10-year Treasury note spiked to highest level since late 2023 after the report.

Earlier this week, the Institute for Supply Management’s services index showed an acceleration in growth in the U.S. services industry in December as well as a rise in prices, which intensified concerns about stickier inflation. Further, private sector companies added fewer jobs than expected last month, according to payroll service provider ADP.

The market does not expect a rate cut from the central bank at its next meeting later this month, with fed funds futures trading data pricing in only about a 7% chance of a quarter-point cut.

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

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

Nvidia (NVDA)

Nvidia (NVDA) 140.11 (-0.02%) is up +4.25% in 2025.

Financial Calendar

08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Dec), 4.0%, 4.0% 08:30 AM ET Average Hourly Earnings (MoM) (Dec), 0.3%, 0.4% 08:30 AM ET Average Weekly Hours (Dec), 34.3, 34.3 08:30 AM ET Government Payrolls (Dec), 33.0K 08:30 AM ET Manufacturing Payrolls (Dec), 22K 08:30 AM ET Nonfarm Payrolls (Dec), 154K, 227K 08:30 AM ET Participation Rate (Dec), 62.5% 08:30 AM ET Private Nonfarm Payrolls (Dec), 130K, 194K 08:30 AM ET U6 Unemployment Rate (Dec), 7.8% 08:30 AM ET Unemployment Rate (Dec), 4.2%, 4.2% 10:00 AM ET Michigan 1-Year Inflation Expectations (Jan), 2.8% 10:00 AM ET Michigan 5-Year Inflation Expectations (Jan), 3.0% 10:00 AM ET Michigan Consumer Expectations (Jan), 73.3 10:00 AM ET Michigan Consumer Sentiment (Jan), 74.5, 74.0 10:00 AM ET Michigan Current Conditions (Jan), 75.1 12:00 AM ET WASDE Report 13:00 AM ET U.S. Baker Hughes Oil Rig Count, 482 13:00 AM ET U.S. Baker Hughes Total Rig Count, 589 15:30 AM ET CFTC Aluminium speculative net positions, 2.5K 15:30 AM ET CFTC Copper speculative net positions, 0.8K 15:30 AM ET CFTC Corn speculative net positions, 290.5K 15:30 AM ET CFTC Crude Oil speculative net positions, 254.3K 15:30 AM ET CFTC Gold speculative net positions, 247.3K 15:30 AM ET CFTC Nasdaq 100 speculative net positions, 23.9K 15:30 AM ET CFTC Natural Gas speculative net positions, -118.1K 15:30 AM ET CFTC S&P 500 speculative net positions, -56.8K 15:30 AM ET CFTC Silver speculative net positions, 37.9K 15:30 AM ET CFTC Soybeans speculative net positions, -69.9K