Dow stocks hitting 52-week highs include Amazon (AMZN) 234.85 (-0.24%), JPMorgan (JPM) 264.84 (-0.42%) and Visa (V) 330.20 (+0.61%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be down -365 points.

Friday the Dow closed down -140.82 (-0.32%) at 44,424.25.

Year-to-date the Dow is up +4.42%.

Friday, (11) Dow stocks were up, none made 52-week lows, and (3) made 52-week highs.

The Dow stock winners Friday were led by Walmart (WMT) 94.76 (+1.01%), Disney (DIS) 112.16 (+1.01%) and Verizon (VZ) 39.54 (+0.92%). 16.

The Dow stock losers Friday were led by Nvidia (NVDA) 142.62 (-3.12%), Honeywell (HON) 221.51 (-1.84%) and American Express (AXP) 321.34 (-1.39%).

The VIX closed Friday at 14.85 (-1.13%) and the 10 YR at 4.620 (-0.35%). The VIX is currently at 21.67 (+45.93%). The 10YR is at 4.525 (-2.06%).

China’s DeepSeek AI. earnings and the Federal Reserve Policy Meeting will be driving the markets this week.

Nvidia (NVDA), Microsoft (MSFT) and Amazon (AMZN) are down in premarket over DeepSeek AI.

The Federal Reserve will hold its first policy meeting of the year, deciding on the level of interest rates on Wednesday. Fed funds futures are pricing in a more than 99% chance that the central bank leaves interest rates unchanged.

Nvidia (NVDA) the artificial intelligence darling saw shares tumbling more than 11% in premarket trading, on track for its worst day since March 2020. The sell-off occured after Chinese startup DeepSeek launched a free open-source large-language model in late December, saying it was developed in just two months at a cost of under $6 million.

Microsoft (MSFT) and Amazon (AMZN) also sold off sharply after the news of DeepSeek stoked questions about the large amounts of money big tech companies have been investing in AI models and data centers. Shares of Microsoft shed 5%, while Amazon dropped by more than 4% and Meta Platforms slid by 2.5%.

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

The national average price of gasoline is down one-tenth of a cent at $3.122 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) reported earnings on 1/24/25 before the market open with $3.04, beating estimates for $3.029 per share.

Verizon (VZ) reported earnings on 1/24/25 before the market open with $1.10, beating estimates for $1.094 per share.

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

Amazon (AMZN)

Amazon (AMZN) 234.85 (-0.24%) is up +7.05% in 2025.

Financial Calendar

08:00 AM ET Building Permits (MoM) (Dec), -0.7%, 5.2%
08:00 AM ET Building Permits (Dec), 1.483M, 1.493M
08:30 AM ET Chicago Fed National Activity (Dec), -0.12
10:00 AM ET New Home Sales (Dec), 670K, 664K
10:00 AM ET New Home Sales (MoM) (Dec), 5.9%
10:30 AM ET Dallas Fed Mfg Business Index (Jan), 3.4
11:30 AM ET 3-Month Bill Auction, 4.215%
11:30 AM ET 6-Month Bill Auction, 4.165%
13:00 PM ET 2-Year Note Auction, 4.335%
13:00 PM ET 5-Year Note Auction, 4.478%