Dow stocks hitting 52-week highs include Chevron (CVX) 167.97 (+1.22%). Dow stock 52-week lows include Nike (NKE) 65.74 (-1.20%).

The Market

Premarket today, the Dow was indicated to be up +11 points.

Wednesday the Dow closed down -132.71 (-0.31%) at 42,454.79.

Year-to-date the Dow is down -0.21%.

Wednesday, (15) Dow stocks were up, (1) made 52-week lows, and (1) made 52-week highs.

The Dow stock winners Wednesday were led by Procter & Gamble (PG) 166.58 (+2.29%), McDonald’s (MCD) 313.58 (+2.17%) and Coca Cola (KO) 70.02 (+1.76%).

The Dow stock losers Wednesday were led by Nvidia (NVDA) 113.76 (-5.74%), Salesforce (CRM) 280.99 (-2.64%) and Amazon (AMZN) 201.13 (-2.23%).

The VIX closed Wednesday at 18.33 (+6.88%) and the 10 YR at 4.347 (+0.16%). The VIX is currently at 18.61 (+1.53%). The 10YR is at 4.378 (+0.88%).

The Dow Jones Industrial Average has gained 1.1% so far this week.

The U.S. economy grew a little faster than expected in the final three months of 2024, according to a Commerce Department report Thursday. Gross domestic product accelerated at a 2.4% pace for the October-through-December period, the Bureau of Economic Analysis said in its last of three estimates. That was 0.2 percentage point ahead of the previous estimate and came from an upward revision to consumer spending, which grew at a 4% rate in the fourth quarter. In addition to the upward change in GDP, the BEA said core inflation was a bit softer than previously indicated. Excluding food and energy prices, the personal consumption expenditures price index, which the Federal Reserve uses as its primary inflation gauge, increased 2.6%, own 0.1 percentage point from the prior estimate.

Initial filings for unemployment insurance changed little last week, indicating employers are still reluctant to lay off workers, the Labor Department reported Thursday. Jobless claims totaled 224,000 for the week ending March 22, down 1,000 from the prior week and close to the Dow Jones estimate for 226,000. On a four-week rolling basis, claims moved lower to 224,000, down 4,750 from the prior period. Continuing claims, which run a week behind, also nudged down, falling to 1.856 million, a decrease of 25,000.

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

The national average price of gasoline is up five-tenths of a cent at $3.155 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/20/25 after the market close with $0.54, beating estimates of $0.279 per share.

JPMorgan (JPM) reports earnings on 4/11/25 before the market open.

Goldman Sachs (GS) reports earnings on 4/14/25 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/15/25 before the market open.

Travelers (TRV) reports earnings on 4/16/25 before the market open.

American Express (AXP) reports earnings on 4/17/25 before the market open.

UnitedHealth (UNH) reports earnings on 4/17/25 before the market open.

Sherwin Williams (SHW) reports earnings on 4/22/25 before the market open.

Verizon (VZ) reports earnings on 4/22/25 before the market open.

Microsoft (MSFT) reports earnings on 4/22/25 after the market close.

Today’s Featured Dow Stock

Home Depot (HD)

Home Depot (HD) 362.13 (+0.32%) is down -6.91% in 2025.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,890K, 1,892K
08:30 AM ET Core PCE Prices (Q4), 2.70%, 2.20%
08:30 AM ET Corporate Profits (QoQ) (Q4), -0.4%
08:30 AM ET GDP (QoQ) (Q4), 2.3%, 3.1%
08:30 AM ET GDP Price Index (QoQ) (Q4), 2.4%, 1.9%
08:30 AM ET GDP Sales (Q4), 3.2%, 3.3%
08:30 AM ET Goods Trade Balance (Feb), -134.60B, -155.57B
08:30 AM ET Initial Jobless Claims, 225K, 223K
08:30 AM ET Jobless Claims 4-Week Avg., 227.00K
08:30 AM ET PCE Prices (Q4), 2.4%, 1.5%
08:30 AM ET Real Consumer Spending (Q4), 4.2%, 3.7%
08:30 AM ET Retail Inventories Ex Auto (Feb), 0.5%
08:30 AM ET Wholesale Inventories (MoM) (Feb), 0.7%, 0.8%
10:00 AM ET Pending Home Sales (MoM) (Feb), 0.9%, -4.6%
10:00 AM ET Pending Home Sales Index (Feb), 70.6
10:30 AM ET Natural Gas Storage, 37B, 9B
11:00 AM ET KC Fed Composite Index (Mar), -5
11:00 AM ET KC Fed Manufacturing Index (Mar), -13
11:30 AM ET 4-Week Bill Auction, 4.215%
11:30 AM ET 8-Week Bill Auction, 4.215%
13:00 PM ET 7-Year Note Auction, 4.194%
16:30 PM ET Fed’s Balance Sheet, 6,756B
16:30 PM ET FOMC Member Barkin Speaks
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.425T