Dow stocks hitting 52-week highs include Amazon (AMZN) 242.06 (+1.95%), IBM (IBM) 264.46 (+1.43%) and Walmart (WMT) 100.77 (+1.24%). Dow stock 52-week lows include Merck (MRK) 90.74 (-9.07%).

The Market

Premarket today, the Dow was indicated to be up +7 points.

Tuesday the Dow closed up 134.13 (+0.30%) at 44,556.04.

Year-to-date the Dow is up +4.73%.

Tuesday, (19) Dow stocks were up, (1) made 52-week lows, and (3) made 52-week highs.

The Dow stock winners Tuesday were led by Chevron (CVX) 153.22 (+2.60%), Apple (AAPL) 232.80 (+2.10%) and Amazon (AMZN) 242.06 (+1.95%). 16.

The Dow stock losers Tuesday were led by Merck (MRK) 90.74 (-9.07%), Coca Cola (KO) 62.67 (-1.07%) and Disney (DIS) 113.30 (-0.61%).

The VIX closed Tuesday at 17.21 (-7.57%) and the 10 YR at 4.506 (-0.11%). The VIX is currently at 16.98 (-1.34%). The 10YR is at 4.455 (-1.24%).

Imports hit a record level in December, swelling the U.S. trade deficit to its highest level since the depths of the Covid pandemic, the Census Bureau reported Wednesday. The deficit totaled $98.4 billion for the month, surging nearly 25% and even steeper than the Dow Jones estimate for a shortfall of $96.8 billion. Imports, which subtract from GDP calculations, rose to $364.9 billion, up $12.4 billion from November, while exports contracted to $266.5 billion, down $7.1 billion. For the full year, the goods and services deficit was $1.2 trillion, up from $1.06 billion in 2023.

Disney (DIS) shares wavered after the media giant posted fiscal first-quarter results that exceeded expectations. The company earned an adjusted $1.76 per share on revenue of $24.69 billion. Analysts expected a profit of $1.45 per share on revenue of $24.62 billion. However, the company said Disney+ subscriptions declined slightly during the quarter, adding that it expects another “modest decline” during the fiscal second quarter.

Apple (AAPL) shares were down more than 2% in the premarket after Bloomberg News reported, citing sources, that Chinese regulators were thinking about opening an investigation into the company’s App Store fees and policies.

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

The national average price of gasoline is up 1.8 cents at $3.125 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) reported earnings on 1/28/25 before the market open with -$5.90, missing estimates for -$3.221 per share.

IBM (IBM) reported earnings on 1/29/25 after the market close with $3.90, beating estimates for $3.728 per share.

Microsoft (MSFT) reported earnings on 1/29/25 after the market close with $3.23, beating estimates for $3.11 per share.

Caterpillar (CAT) reported earnings on 1/30/25 before the market open with $5.14, beating estimates for $4.967 per share.

Visa (V) reported earnings on 1/30/25 after the market close with $2.75, beating estimates for $2.659 per share.

Sherwin Williams (SHW) reported earnings on 1/30/25 before the market open with $2.09, beating estimates for $2.069 per share.

Apple (AAPL) reported earnings on 1/30/25 after the market close with $2.40, beating estimates for $2.355 per share.

Chevron (CVX) reported earnings on 1/31/25 before the market open with $2.06, missing estimates for $2.191 per share.

Merck (MRK) reported earnings on 2/4/25 before the market open with $1.72, beating estimates for $1.694 per share.

Amgen (AMGN) reported earnings on 2/4/25 after the market close with $5.31, beating estimates for $5.029 per share.

Disney (DIS) reported earnings on 2/5/25 before the market open with $1.76, beating estimates for $1.437 per share.

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.

Walmart (WMT) reports earnings on 2/20/25 before the market open.

Home Depot (HD) reports earnings on 2/25/25 before the market open.

Nvidia (NVDA) reports earnings on 2/26/25 after the market close.

Salesforce (CRM) reports earnings on 2/26/25 after the market close.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) 113.30 (-0.61%) is up +1.75% in 2025.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 7.02%
07:00 AM ET MBA Mortgage Applications (WoW), -2.0%
07:00 AM ET MBA Purchase Index, 162.4
07:00 AM ET Mortgage Market Index, 220.0
07:00 AM ET Mortgage Refinance Index, 520.9
07:30 AM ET FOMC Member Barkin Speaks
08:15 AM ET ADP Nonfarm Employment Change (Jan), 148K, 122K
08:30 AM ET Exports (Dec), 273.40B
08:30 AM ET Imports (Dec), 351.60B
08:30 AM ET Trade Balance (Dec), -96.50B, -78.20B
09:00 AM ET FOMC Member Barkin Speaks
09:00 AM ET Milk Auctions, 4,146.0
09:45 AM ET S&P Global Composite PMI (Jan), 52.4, 55.4
09:45 AM ET S&P Global Services PMI (Jan), 52.8, 56.8
10:00 AM ET ISM Non-Manufacturing Business Activity (Jan), 58.2
10:00 AM ET ISM Non-Manufacturing Employment (Jan), 51.4
10:00 AM ET ISM Non-Manufacturing New Orders (Jan), 54.2
10:00 AM ET ISM Non-Manufacturing PMI (Jan), 54.2, 54.0
10:00 AM ET ISM Non-Manufacturing Prices (Jan), 64.4
10:00 AM ET Total Vehicle Sales (Jan), 16.80M
10:30 AM ET Crude Oil Inventories, 3.463M
10:30 AM ET EIA Refinery Crude Runs (WoW), -0.333M
10:30 AM ET Crude Oil Imports, 0.532M
10:30 AM ET Cushing Crude Oil Inventories, 0.326M
10:30 AM ET Distillate Fuel Production, 0.028M
10:30 AM ET EIA Weekly Distillates Stocks, -4.994M
10:30 AM ET Gasoline Production, -0.044M
10:30 AM ET Heating Oil Stockpiles, 0.128M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), -2.4%
10:30 AM ET Gasoline Inventories, 2.957M
13:00 PM ET Atlanta Fed GDPNow (Q1), 3.9%, 3.9%
13:00 PM ET Fed Goolsbee Speaks
15:00 PM ET FOMC Member Bowman Speaks
19:30 PM ET Fed Governor Jefferson Speaks