Dow stocks hitting 52-week highs include Cisco (CSCO) 68.19 (+0.44%), IBM (IBM) 291.06 (-0.93%), JPMorgan (JPM) 284.06 (+1.00%), Microsoft (MSFT) 492.27 (+0.44%) and Nvidia (NVDA) 154.31 (+4.33%). Dow stock 52-week lows include Nike (NKE) 60.83 (-0.96%).

The Market

Premarket today, the Dow was indicated to be up +100 points.

Wednesday the Dow closed Down -106.59 (-0.25%) at 42,982.43.

Year-to-date the Dow is up +1.03%.

Wednesday, (11) Dow stocks were up, (1) made 52-week lows, and (5) made 52-week highs.

The Dow stock winners Wednesday were led by Nvidia (NVDA) 154.31 (+4.33%), Goldman Sachs (GS)669.87 (+1.17%) and AMgen (AMGN) 280.35 (+1.03%).

The Dow stock losers Wednesday were led by McDonald’s (MCD) 285.55 (-2.03%), Travelers (TRV) 260.81 (-2.00%) and Visa (V) 345.26 (-1.81%).

The VIX closed Wednesday at 16.76 (-4.12%) and the 10 YR at 4.286 (-0.02%). The VIX is currently at 16.70 (-0.36%). The 10YR is at 4.266 (-0.54%).

Shares of Nvidia (NVDA) closed at a new all-time high, making the chipmaker the world’s most valuable company.

Nike (NKE) will report its fourth-quarter earnings after the bell today.

Initial jobless claims for the week ending June 21 pulled back to 236,000, which was below the 244,000 consensus estimate. The data is indicative of a still-strong economy that seems to be holding up.

Durable goods orders, which includes items such as airplanes, appliances and computers, surged 16.4% in May after falling 6.6% in April, the Commerce Department said. Excluding transportation, orders increased just 0.5%, though they were still up 15.5% excluding defense. The headline number was much better than the 7.5% estimate.

First-quarter gross domestic product contracted at a 0.5% annualized pace, according to the last of three Commerce Department estimates that was lower than the 0.2% decline previously reported. The department attributed the fall to downward revisions in consumer spending and exports, offset somewhat by a downward revision to imports.

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

The national average price of gasoline is up four-tenths of a cent at $3.224 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 6/26/2025 after the market close.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 669.87 (+1.17%) is up +16.98% in 2025.

Financial Calendar

08:30 AM ET Chicago Fed National Activity (May), -0.25
08:30 AM ET Continuing Jobless Claims, 1,950K, 1,945K
08:30 AM ET Core Durable Goods Orders (MoM) (May), 0.1%, 0.2%
08:30 AM ET Core PCE Prices (Q1), 3.40%, 2.60%
08:30 AM ET Corporate Profits (QoQ) (Q1), -3.6%, -0.4%
08:30 AM ET Durable Goods Orders (MoM) (May), 8.6%, -6.3%
08:30 AM ET Durables Excluding Defense (MoM) (May), -7.5%
08:30 AM ET Durables Excluding Transport (MoM) (May), 0.2%
08:30 AM ET GDP (QoQ) (Q1), -0.2%, 2.4%
08:30 AM ET GDP Price Index (QoQ) (Q1), 3.7%, 2.3%
08:30 AM ET GDP Sales (Q1), -2.9%, 3.3%
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (May), -1.5%
08:30 AM ET Goods Trade Balance (May), -86.30B, -86.97B
08:30 AM ET Initial Jobless Claims, 244K, 245K
08:30 AM ET Jobless Claims 4-Week Avg., 245.50K
08:30 AM ET PCE Prices (Q1), 3.6%, 2.4%
08:30 AM ET Real Consumer Spending (Q1), 1.2%, 4.0%
08:30 AM ET Retail Inventories Ex Auto (May), 0.3%
08:30 AM ET Wholesale Inventories (MoM) (May), 0.2%, 0.2%
08:45 AM ET FOMC Member Barkin Speaks
10:00 AM ET Pending Home Sales (MoM) (May), 0.2%, -6.3%
10:00 AM ET Pending Home Sales Index (May), 71.3
10:30 AM ET Natural Gas Storage, 88B, 95B
11:00 AM ET KC Fed Composite Index (Jun), -3
11:00 AM ET KC Fed Manufacturing Index (Jun), -10
11:30 AM ET 4-Week Bill Auction, 4.060%
11:30 AM ET 8-Week Bill Auction, 4.470%
12:00 PM ET 7-Year Note Auction, 4.194%
13:15 PM ET Fed Vice Chair for Supervision Barr Speaks
16:30 PM ET Fed’s Balance Sheet, 6,681B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.323T
19:00 PM ET FOMC Member Kashkari Speaks