There were no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Microsoft (MSFT) 380.45 (+0.08%).
The Market
Premarket today, the Dow was indicated to be down -27 points.
Wednesday the Dow closed down -82.55 (-0.20%) at 41,350.93.
Year-to-date the Dow is down -2.81%.
Wednesday, (1) Dow stocks were up, none made 52-week lows, and none made 52-week highs.
The Dow stock winners Wednesday were led by Nvida (NVDA) 115.74 (+6.42%), Boeing (BA) 158.80 (+3.08%) and Salesforce (CRM) 284.58 (+2.72%).
The Dow stock losers Wednesday were led by Procter & Gamble (PG) 168.37 (-2.74%), Walmart (WMT) 85.20 (-2.56%) and McDonald’s (MCD) 299.40 (-2.40%).
The VIX closed Wednesday at 24.23 (-9.99%) and the 10 YR at 4.301 (-0.37%). The VIX is currently at 24.25 (+0.08%). The 10YR is at 4.347 (+0.69%).
The producer price index, a measure of wholesale inflation, was flat in February, another potential sign that inflation pressures may be ebbing. Economists expected a month-over-month increase of 0.3%.
Intel (INTC) jumped 10% after the company said it had appointed Lip-Bu Tan, who was previously the chief executive of software company Cadence Design Systems, as its new CEO. Tan is replacing interim co-CEOs David Zinsner and MJ Holthaus.
U.S. futures are lower, European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is down one-tenth of a cent at $3.079 per gallon.
Earnings Reports
Nike (NKE) reports earnings on 3/20/25 after the market close.
Today’s Featured Dow Stock
Amgen (AMGN) 312.50 (-2.00%) is up +19.90% in 2025.
Financial Calendar
08:30 AM ET Continuing Jobless Claims, 1,900K, 1,897K
08:30 AM ET Core PPI (MoM) (Feb), 0.3%, 0.3%
08:30 AM ET Core PPI (YoY) (Feb), 3.6%, 3.6%
08:30 AM ET Initial Jobless Claims, 226K, 221K
08:30 AM ET Jobless Claims 4-Week Avg., 224.25K
08:30 AM ET PPI (MoM) (Feb), 0.3%, 0.4%
08:30 AM ET PPI (YoY) (Feb), 3.3%, 3.5%
08:30 AM ET PPI ex. Food/Energy/Transport (MoM) (Feb), 0.3%
08:30 AM ET PPI ex. Food/Energy/Transport (YoY) (Feb), 3.4%
10:30 AM ET Natural Gas Storage, -48B, -80B
11:30 AM ET 4-Week Bill Auction, 4.230%
11:30 AM ET 8-Week Bill Auction, 4.220%
13:00 PM ET 30-Year Bond Auction, 4.748%

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