Dow stocks hitting 52-week highs include Goldman Sachs (GS) 672.19 (+1.76%), JPMorgan (JPM) 279.95 (+1.21%) and Visa (V) 356.73 (+0.83%). Dow stock 52-week lows include Merck (MRK) 83.29 (+0.34%).

The Market

Premarket today, the Dow was indicated to be down -124 points.

Tuesday the Dow closed up +10.26 (+0.02%) at 44,556.34.

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

Tuesday, (21) Dow stocks were up, (1) made 52-week lows, and (3) made 52-week highs.

The Dow stock winners Tuesday were led by Nvidia (NVDA) 135.29 (+3.16%), Cisco (CSCO) 63.84 (+2.09%) and Apple (AAPL) 241.53 (+1.97%). 16.

The Dow stock losers Tuesday were led by Merck (MRK) 84.42 (-1.46%), Boeing (BA) 185.44 (-0.43%) and 3M (MMM) 148.72 (-0.10%).

The VIX closed Tuesday at 15.35 (+3.93%) and the 10 YR at 4.546 (+1.59%). The VIX is currently at 15.65 (+1.95%). The 10YR is at 4.566 (+2.02%).

Shares of Intel (INTC) had their best day since March 2020 on Tuesday after the stock jumped more than 16% on a report that both Broadcom and Taiwan Semiconductor Manufacturing are possibly weighing bids that could break up the chipmaker. Broadcom may be interested in Intel’s chip design and marketing business and TSMC might make a play for Intel’s factories. Shares of the chipmaker are now up +31% since the start of the year, following a poor performance in 2024.

Today we get the minutes from the latest Federal Reserve meeting, set for release at 2 p.m. ET.

Single-family housing starts, which account for the bulk of homebuilding, dropped 8.4% to a seasonally adjusted annual rate of 993,000 units last month, the Commerce Department’s Census Bureau said on Wednesday. Data for December was revised higher to show homebuilding increasing to a rate of 1.084 million units from the previously reported pace of 1.050 million units.

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

The national average price of gasoline is up three-tenths of a cent at $3.164 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

3M (MMM)

3M (MMM) 148.99 (+0.25%) is up +15.42% in 2025.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.95%
07:00 AM ET MBA Mortgage Applications (WoW), 2.3%
07:00 AM ET MBA Purchase Index, 153.1
07:00 AM ET Mortgage Market Index, 230.0
07:00 AM ET Mortgage Refinance Index, 640.6
08:30 AM ET Building Permits (MoM) (Jan), -0.7%
08:30 AM ET Building Permits (Jan), 1.460M, 1.482M
08:30 AM ET Housing Starts (MoM) (Jan), 15.8%
08:30 AM ET Housing Starts (Jan), 1.390M, 1.499M
08:55 AM ET Redbook (YoY), 5.3%
10:30 AM ET Atlanta Fed GDPNow (Q1), 2.3%, 2.3%
13:00 PM ET 20-Year Bond Auction, 4.900%
14:00 PM ET FOMC Meeting Minutes
16:30 PM ET API Weekly Crude Oil Stock, 9.043M
17:00 PM ET Fed Governor Jefferson Speaks