Dow stocks hitting 52-week highs include IBM (IBM) 281.52 (+1.91%), Microsoft (MSFT) 472.62 (+0.36%) and Visa (V) 373.31 (+0.70%). There are no Dow stock 52-week lows.
The Market
Premarket today, the Dow was indicated to be down -156 points.
Wednesday the Dow closed down -1.10 (-0.00%) at 42,865.77.
Year-to-date the Dow is up +0.76%.
Wednesday, (21) Dow stocks were up, none made 52-week lows, and (3) made 52-week highs.
The Dow stock winners Wednesday were led by UnitedHealth (UNH) 310.56 (+2.23%), IBM (IBM) 281.52 (+1.91%) and Goldman Sachs (GS) 624.17 (+1.51%).
The Dow stock losers Wednesday were led by Amazon (AMZN) 213.20 (-2.03%), Home Depot (HD) 360.46 (-2.02%) and Apple (AAPL) 198.78 (-1.92%).
The VIX closed Wednesday at 17.26 (+1.83%) and the 10 YR at 4.408 (-0.09%). The VIX is currently at 18.16 (+5.21%). The 10YR is at 4.362 (-1.13%).
Boeing (BA) lost more than 5% in premarket trading after an Air India Dreamliner 787 crashed after takeoff with 242 passengers on board.
The May producer price index, a measure of final demand prices in the U.S. economy, rose just 0.1% for the month after decreasing 0.2% in April. Economists had been looking for a 0.2% increase for last month.
U.S. and Chinese officials reached a framework for future talks in London after two days of discussion this week, but the vague deal outline still awaits approval from Trump and Chinese President Xi Jinping. The two countries did agree to ease some restrictions around rare earth metals and foreign students.
Initial filings for unemployment insurance were unchanged last week, though an indicator of longer-term unemployment hit its highest in more than 3½ years, the Labor Department reported Thursday. Jobless claims totaled a seasonally adjusted 248,000 for the week ending June 7, flat from the previous upwardly revised total and near the Dow Jones consensus estimate for 246,000, the Labor Department reported Thursday. However, continuing claims, which run a week behind, rose 54,000 to 1.96 million, the highest since Nov. 13, 2021.
U.S. futures are lower, European stocks are mostly lower and Asian markets ended mostly lower.
The national average price of gasoline is up four-tenths of a cent at $3.128 per gallon.
Earnings Reports
Nike (NKE) reports earnings on 6/26/2025 after the market close.
Today’s Featured Dow Stock
Amgen (AMGN) 291.81 (-0.55%) is up +11.96% in 2025.
Financial Calendar
08:30 AM ET Continuing Jobless Claims, 1,904K
08:30 AM ET Core PPI (MoM) (May), 0.3%, -0.4%
08:30 AM ET Core PPI (YoY) (May), 3.1%, 3.1%
08:30 AM ET Initial Jobless Claims, 242K, 247K
08:30 AM ET Jobless Claims 4-Week Avg., 235.00K
08:30 AM ET PPI (MoM) (May), 0.2%, -0.5%
08:30 AM ET PPI (YoY) (May), 2.6%, 2.4%
08:30 AM ET PPI ex. Food/Energy/Transport (YoY) (May), 2.9%
08:30 AM ET PPI ex. Food/Energy/Transport (MoM) (May), -0.1%
10:30 AM ET Natural Gas Storage, 108B, 122B
11:00 AM ET Cleveland CPI (MoM) (May), 0.3%
11:30 AM ET 4-Week Bill Auction, 4.170%
11:30 AM ET 8-Week Bill Auction, 4.225%
12:00 PM ET WASDE Report
13:00 PM ET 30-Year Bond Auction, 4.819%
16:30 PM ET Fed’s Balance Sheet, 6,673B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.362T

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