Dow stocks hitting 52-week highs include Amazon (AMZN) 235.01 (+1.86%) and Cisco (CSCO) 61.63 (+0.98%), 3M (MMM) 149.12 (+1.52%), Visa (V) 323.56 (-0.02%), American Express (AXP) 322.25 (+1.35%) and Goldman Sachs (GS) 632.73 (-0.32%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +23 points.

Wednesday the Dow closed up +130.92 (+0.30%) at 44,156.73.

Year-to-date the Dow is up +3.79%.

Wednesday, (13) Dow stocks were up, none made 52-week lows, and (6) made 52-week highs.

The Dow stock winners Wednesday were led by Nvidia (NVDA) 147.07 (+4.43%), Microsoft (MSFT) 446.20 (+4.13%) and Travelers (TRV) 246.72 (+3.16%). 16.

The Dow stock losers Wednesday were led by Home Depot (HD) 410.10 (-1.99%), Johnson & Johnson (JNJ) 145.27 (-1.94%) and Chevron (CVX) 156.41 (-1.16%).

The VIX closed Wednesday at 15.10 (+0.27%) and the 10 YR at 4.613 (+0.30%). The VIX is currently at 15.12 (+0.13%). The 10YR is at 4.652 (+1.15%).

Goldman Sachs is confident the Walt Disney Company can beat earnings expectations when it reports results next month, driven by strong performance in its movie and sports businesses. The 12-month price target of $139 was raised slightly from $137 previously and implies a greater than 27% upside for the stock from Wednesday’s close. Disney shares are down more than 2% this year.

Initial unemployment insurance claims edged higher last week while continuing claims hit their highest level in more than three years. First-time benefits filings totaled a seasonally adjusted 223,000 for the week ending Jan. 18, up 6,000 from the previous week and close to the Dow Jones estimate for 221,000. However, ongoing claims, which run a week behind, rose to just shy of 1.9 million, an increase of 46,000 that took them to their highest level since Nov. 13, 2021. The continuing claims data reinforces a trend in which layoffs have stayed low but appear to be lasting longer.

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

The national average price of gasoline is up six-tenths of a cent at $3.135 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) reported earnings on 1/15/25 before the market open with $4.81, beating estimates for $4.025 per share.

Goldman Sachs (GS) reported earnings on 1/15/25 before the market open with $7.99 per share.

UnitedHealth (UNH) reported earnings on 1/16/25 before the market open with $6.81, beating estimates for $6.708 per share.

3M (MMM) reported earnings on 1/21/25 before the market open with $1.68, beating estimates for $1.661 per share.

Johnson & Johnson (JNJ) reports earnings on 1/22/25 before the market open with $2.04, beating estimates for $2.003 per share.

Procter & Gamble (PG) reports earnings on 1/22/25 before the market open with $1.88, beating estimates for $1.863 per share.

Travelers (TRV) reported earnings on 1/22/25 before the market open with $9.15, beating estimates for $6.562 per share.

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.

Boeing (BA) reports earnings on 1/28/25 before the market open.

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

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

Caterpillar (CAT) reports earnings on 1/30/25 before the market open.

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.

Visa (V) reports earnings on 1/30/25 after the market close.

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.

Disney (DIS) reports earnings on 2/5/25 before the market open.

Honeywell (HON) reports earnings on 2/6/25 before the market open.

Amazon (AMZN) reports earnings on 2/6/25 after the market close.

McDonald’s (MCD) reports earnings on 2/10/25 before the market open.

Coca Cola (KO) reports earnings on 2/11/25 before the market open.

Cisco (CSCO)) reports earnings on 2/12/25 after the market close.

Today’s Featured Dow Stock

Apple (AAPL)

Apple (AAPL) 223.83 (+0.53%) is down -10.62% in 2025.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,860K, 1,859K
08:30 AM ET Initial Jobless Claims, 221K, 217K
08:30 AM ET Jobless Claims 4-Week Avg., 212.75K
10:30 AM ET Natural Gas Storage, -258B
11:00 AM ET KC Fed Composite Index (Jan), -4
11:00 AM ET KC Fed Manufacturing Index (Jan), -5
11:00 AM ET U.S. President Trump Speaks
11:30 AM ET 4-Week Bill Auction, 4.240%
11:30 AM ET 8-Week Bill Auction, 4.235%
12:00 PM ET Crude Oil Inventories, -1.962M
12:00 PM ET EIA Refinery Crude Runs (WoW), -0.255M
12:00 PM ET Crude Oil Imports, -1.304M
12:00 PM ET Cushing Crude Oil Inventories, 0.765M
12:00 PM ET Distillate Fuel Production, -0.021M
12:00 PM ET EIA Weekly Distillates Stocks, 3.077M
12:00 PM ET Gasoline Production, 0.397M
12:00 PM ET Heating Oil Stockpiles, 0.646M
12:00 PM ET EIA Weekly Refinery Utilization Rates (WoW), -1.6%
12:00 PM ET Gasoline Inventories, 5.852M
13:00 PM ET 10-Year TIPS Auction, 2.071%
16:30 PM ET Fed’s Balance Sheet, 6,834B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.359T