There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to be down -1247 points.
Wednesday the Dow closed up +235.36 (+0.56%) at 42,225.32.
Year-to-date the Dow is down -0.75%.
Wednesday, (19) Dow stocks were up, none made 52-week lows, and none made 52-week highs.
The Dow stock winners Wednesday were led by Goldman Sachs (GS) 563.10 (+2.67%), Amazon (AMZN) 196.01 (+2.00%) and American Express (AXP) 275.25 (+1.76%).
The Dow stock losers Wednesday were led by Verizon (VZ) 44.74 (-1.41%), Chevron (CVX) 166.47 (-1.21%) and Coca Cola (KO) 71.33 (-0.75%).
The VIX closed Wednesday at 21.51 (-1.19%) and the 10 YR at 4.143 (-0.31%). The VIX is currently at 27.30 (+26.92%). The 10YR is at 4.018 (-4.20%).
With Trump’s tariffs, shares of multinational companies tumbled in premarket trading. Nike (NKE) and Apple (AAPL) dropped -11% and -7%, respectively.
Initial U.S. jobless claims for the week ended March 29 fell and came in at 219,000, below a forecast of 228,000. The print is also below the 224,000 from the previous week.
Tomorrow we get the U.S. jobs report.
Microsoft (MSFT) has parted with more data center buildout plans, this time in the UK, Australia, Illinois, North Dakota and Wisconsin. Microsoft did not go into detail on the specific reasoning behind abandoning the projects, the report said. Data centers are key components of powering artificial intelligence applications and programs and have seen billions of dollars in investments in recent years.
U.S. futures are lower, European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is up 2.2 cents at $3.260 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.
Boeing (BA) reports earnings on 4/23/25 before the market open.
IBM (IBM) reports earnings on 4/23/25 after the market close.
Merck (MRK) reports earnings on 4/24/25 before the market open.
Procter & Gamble) reports earnings on 4/24/25 before the market open.
Chevron (CVX) reports earnings on 4/25/25 before the market open.
Today’s Featured Dow Stock
JPMorgan (JPM) 245.82 (+0.89%) is up +2.55% in 2025.
Financial Calendar
06:00 AM ET OPEC Meeting
07:30 AM ET Challenger Job Cuts (Mar), 172.017K
07:30 AM ET Challenger Job Cuts (YoY), 103.2%
08:30 AM ET Continuing Jobless Claims, 1,860K, 1,856K
08:30 AM ET Exports (Feb), 269.80B
08:30 AM ET Imports (Feb), 401.20B
08:30 AM ET Initial Jobless Claims, 225K, 224K
08:30 AM ET Jobless Claims 4-Week Avg., 224.00K
08:30 AM ET Trade Balance (Feb), -122.50B, -131.40B
09:45 AM ET S&P Global Composite PMI (Mar), 53.5, 51.6
09:45 AM ET S&P Global Services PMI (Mar), 54.3, 51.0
10:00 AM ET ISM Non-Manufacturing Business Activity (Mar), 54.4
10:00 AM ET ISM Non-Manufacturing Employment (Mar), 53.9
10:00 AM ET ISM Non-Manufacturing New Orders (Mar), 52.2
10:00 AM ET ISM Non-Manufacturing PMI (Mar), 53.0, 53.5
10:00 AM ET ISM Non-Manufacturing Prices (Mar), 62.6
10:30 AM ET Natural Gas Storage, 27B, 37B
11:30 AM ET 4-Week Bill Auction, 4.220%
11:30 AM ET 8-Week Bill Auction, 4.245%
12:30 PM ET Fed Governor Jefferson Speaks
13:00 PM ET Atlanta Fed GDPNow (Q1), -3.7%, -3.7%
14:30 PM ET Fed Governor Cook Speaks
16:30 PM ET Fed’s Balance Sheet, 6,740B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.450T

Posted in
Tags: 
