There are no Dow stocks hitting 52-week highs. Dow stock 52-week lows include Chevron (CVX) 146.03 (+6.55%), Honeywell (HON) 199.10 (8.88%) and Merck (MRK) 81.91 (+3.75%).

The Market

Premarket today, the Dow was indicated to be down -608 points.

Wednesday the Dow closed up +2962.86 (+7.87%) at 40,608.45.

Year-to-date the Dow is down -4.55%.

Wednesday, all (30) Dow stocks were up, (3) made 52-week lows, and none made 52-week highs.

The Dow stock winners Wednesday were led by Nvidia (NVDA) 114.33 (+18.72%), Boeing (BA) 60.82 (+15.37%), Apple (AAPL) 198.85 (+15.33%), American Express (AXP) 262.36 (+13.38%), Amazon (AMZN) 191.10 (+11.98%) and Disney (DIS) 91.44 (+11.89%).

The Dow stock losers Wednesday were not to be found.

The VIX closed Wednesday at 33.62 (-35.75%) and the 10 YR at 4.330 (-1.28%). The VIX is currently at 36.65 (+9.01%). The 10YR is at 4.347 (-0.89%).

I’m glad markets bounced yesterday but fully believe Trump should be impeached for criminal manipulation of markets.

The latest consumer price index report showed inflation eased to 2.4% year-over-year in March, lower than a consensus estimate for a 2.6% rise.

Apple (AAPL) retreated 3.1% Thursday before the bell.

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

The national average price of gasoline is down 1.1 cents at $3.235 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.

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 (PG) reports earnings on 4/24/25 before the market open.

Chevron (CVX) reports earnings on 4/25/25 before the market open.

3M (MMM) reports earnings on 4/29/25 before the market open.

Caterpillar (CAT) reports earnings on 4/29/25 before the market open.

Coca Cola (KO) reports earnings on 4/29/25 before the market open.

Honeywell (HON) reports earnings on 4/29/25 before the market open.

Sherwin Williams (SHW) reports earnings on 4/29/25 before the market open.

Visa (V) reports earnings on 4/29/25 after the market close.

McDonald’s (MCD) reports earnings on 5/1/25 before the market open.

Apple (AAPL) reports earnings on 5/1/25 after the market close.

Amgen (AMGN) reports earnings on 5/1/25 after the market close.

Chevron (CVX) reports earnings on 5/2/25 before the market open.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) 390.49 (+10.13%) is down -7.36% in 2025.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.70%
07:00 AM ET MBA Mortgage Applications (WoW), -1.6%
07:00 AM ET MBA Purchase Index, 158.2
07:00 AM ET Mortgage Market Index, 243.6
07:00 AM ET Mortgage Refinance Index, 710.4
10:00 AM ET Wholesale Inventories (MoM) (Feb), 0.3%, 0.3%
10:00 AM ET Wholesale Trade Sales (MoM) (Feb), -1.3%
10:30 AM ET Crude Oil Inventories, 6.165M
10:30 AM ET EIA Refinery Crude Runs (WoW), -0.192M
10:30 AM ET Crude Oil Imports, 0.999M
10:30 AM ET Cushing Crude Oil Inventories, 2.373M
10:30 AM ET Distillate Fuel Production, 0.164M
10:30 AM ET EIA Weekly Distillates Stocks, 0.264M
10:30 AM ET Gasoline Production, 0.062M
10:30 AM ET Heating Oil Stockpiles, 0.209M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), -1.0%
10:30 AM ET Gasoline Inventories, -1.551M
11:00 AM ET Thomson Reuters IPSOS PCSI (Apr), 54.02
12:30 PM ET FOMC Member Barkin Speaks
13:00 PM ET 10-Year Note Auction, 4.310%
14:00 PM ET FOMC Meeting Minutes