Dow stocks hitting 52-week highs include Walmart (WMT) 103.61 (+1.11%). Dow stock 52-week lows include Merck (MRK) 85.67 (-1.01%).
The Market
Premarket today, the Dow was indicated to be up +104 points.
Wednesday the Dow closed down -225.09 (-0.50%) at 44,368.56.
Year-to-date the Dow is up +4.29%.
Wednesday, (14) Dow stocks were up, (1) made 52-week lows, and (1) made 52-week highs.
The Dow stock winners Wednesday were led by Boeing (BA) 186.25 (+3.22%), Apple (AAPL) 236.87 (+1.83%) and Coca Cola (KO) 68.71 (+1.64%). 16.
The Dow stock losers Wednesday were led by Caterpillar (CAT) 352.04 (-2.81%), Home Depot (HD) 407.14 (-2.21%) and Amazon (AMZN) 228.93 (-1.65%).
The VIX closed Wednesday at 15.89 (-0.81%) and the 10 YR at 4.613 (+1.81%). The VIX is currently at 16.83 (+5.06%). The 10YR is at 4.631 (+2.21%).
The latest producer price index, which measures what producers get for their goods and services, reflected a 0.4% increase for January. That’s higher than the consensus estimate for 0.3%. Core PPI, which excludes food and energy, was up 0.3% for the month and in-line with the forecast.
In premarket trading, Cisco (CSCO) shares jumped more than 6% after the networking hardware maker lifted its full-year guidance and beat earnings expectations.
The Labor Department reported that initial filings for unemployment claims changed little for the week ending Feb. 8. Claims totaled 213,000, a decrease of 7,000 from the prior period and close to the 215,000 estimate. Continuing claims, which run a week behind, fell to 1.85 million, down 36,000.
U.S. futures are higher, European stocks are mostly higher and Asian markets ended mostly higher.
The national average price of gasoline is up 1.1 cents at $3.160 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) reported earnings on 2/6/25 before the market open with $2.47, beating estimates for $2.314 per share.
Amazon (AMZN) reported earnings on 2/6/25 after the market close with $1.86, beating estimates for $1.518 per share.
McDonald’s (MCD) reported earnings on 2/10/25 before the market open with $2.83, matching estimates for $2.835 per share.
Coca Cola (KO) reported earnings on 2/11/25 before the market open with $0.55, matching estimates for $0.514 per share.
Cisco (CSCO) reported earnings on 2/12/25 after the market close with $0.94, beating estimates for $0.741 per share.
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
JPMorgan (JPM) 275.45 (+0.17%) is up +14.91% in 2025.
Financial Calendar
08:30 AM ET Continuing Jobless Claims, 1,880K, 1,886K
08:30 AM ET Core PPI (MoM) (Jan), 0.3%, 0.0%
08:30 AM ET Core PPI (YoY) (Jan), 3.3%, 3.5%
08:30 AM ET Initial Jobless Claims, 217K, 219K
08:30 AM ET Jobless Claims 4-Week Avg., 216.75K
08:30 AM ET PPI (MoM) (Jan), 0.3%, 0.2%
08:30 AM ET PPI (YoY) (Jan), 3.3%
08:30 AM ET PPI ex. Food/Energy/Transport (YoY) (Jan), 3.2%, 3.3%
08:30 AM ET PPI ex. Food/Energy/Transport (MoM) (Jan), 0.1%
10:30 AM ET Natural Gas Storage, -90B, -174B
10:30 AM ET Natural Gas Storage, -174B
11:30 AM ET 4-Week Bill Auction, 4.250%
11:30 AM ET 8-Week Bill Auction, 4.240%
13:00 AM ET 30-Year Bond Auction, 4.913%
16:30 AM ET Fed’s Balance Sheet, 6,811B
16:30 AM ET Reserve Balances with Federal Reserve Banks, 3.233T

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