Dow stocks hitting 52-week highs include Caterpillar (CAT) 418.07 (+1.26%), 3M (MMM) 159.04 (+0.94%), Microsoft (MSFT)511.70 (+1.20%) and Nvidia (MVDA) 173.00 (+0.95%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +92 points.

Thursday the Dow closed up +229.71 (+0.52%) at 44,484.49.

Year-to-date the Dow is up +4.56%.

Wednesday, (19) Dow stocks were up, none made 52-week lows, and (4) made 52-week highs.

The Dow stock winners Thursday were led by Johnson & Johnson (JNJ) 164.78 (+6.19%), Amgen (AMGN) 299.02 (+2.23%) and Caterpillar (CAT) 412.88 (+2.04%).

The Dow stock losers Thursday were led by Amazon (AMZN) 223.19 (-1.40%), Chevron (CVX) 149.92 (-0.51%) and Home Depot (HD) 357.40 (-0.35%).

The VIX closed Thursday at 16.52 (-3.73%) and the 10 YR at 4.432 (-0.63%). The VIX is currently at 16.35 (-1.03%). The 10YR is at 4.425 (-0.83%).

3M (MMM) shares rose more than 2% on the back of a second-quarter earnings beat. 3M posted earnings of $2.16 per share on revenue of $6.16 billion for the second quarter, while analysts expected earnings of $2.01 per share on revenue of $6.11 billion. The company also raised its full-year earnings forecast to $7.75 to $8, which reflects the expected impact of tariffs.

The latest numbers on housing starts and building permits showed some improvement and were close to expectations. Starts in June totaled a seasonally adjusted annual rate of 1.32 million, up 4.6% from May and a bit better than the 1.3 million estimate from Dow Jones, according to Commerce Department figures released Friday. On the permits side, authorizations totaled just shy of 1.4 million, up 0.2% monthly and ahead of the 1.39 million estimate. However, housing completions slumped, totaling 1.31 million, which was off 14.7% monthly and 21.4% from a year ago.

American Express (AXP) earnings results added onto a slew of positive financial reports seen this week. Shares of the payments giant edged higher by more than 1% in premarket trading. The company reported second-quarter earnings of $4.08 per share, excluding items, while analysts expected $3.89 per share. Revenue for the period came out at $17.86 billion, meanwhile, exceeding analysts’ $17.71 billion estimate.

Chevron (CVX) shares rose more than 3% in the premarket after a report that Chevron emerged victorious in a mediation case against Exxon over which company owned the right over certain oilfields in Guyana. This victory lets Chevron move forward with its $53 billion acquisition of Hess, which popped 7% before the bell.

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

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

Earnings Reports

JPMorgan (JPM) reported earnings on 7/15/2025 before the market open with $5.24, beating estimates of $4.455 per share.

Goldman Sachs (GS) reported earnings on 7/16/2025 before the market open with $10.91, beating estimates of $9.821 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2025 before the market open with $2.77, beating estimates of $2.65 per share.

Travelers (TRV) reports earnings on 7/17/2025 before the market open with $6.51, beating estimates of $3.51 per share.

3M (MMM) reports earnings on 7/18/2025 before the market open with $2.16, beating estimates of $2.011 per share.

American Express (AXP) reports earnings on 7/18/2025 before the market open with $4.08, beating estimates of $3.837 per share.

Verizon (VZ) reports earnings on 7/21/2025 before the market open.

Coca Cola (KO) reports earnings on 7/22/2025 before the market open.

Sherwin Williams (SHW) reports earnings on 7/22/2025 before the market open.

IBM (IBM) reports earnings on 7/23/2025 after the market close.

Honeywell (HON) reports earnings on 7/24/2025 before the market open.

McDonald’s (MCD) reports earnings on 7/28/2025 before the market open.

Boeing (BA) reports earnings on 7/29/2025 before the market open.

Merck (MRK) reports earnings on 7/29/2025 before the market open.

Procter & Gamble (PG) reports earnings on 7/29/2025 before the market open.

UnitedHealth (UNH) reports earnings on 7/29/2025 before the market open.

Microsoft (MSFT) reports earnings on 7/29/2025 after the market close.

Visa (V) reports earnings on 7/29/2025 after the market close.

Apple (AAPL) reports earnings on 7/31/2025 after the market close.

Chevron (CVX) reports earnings on 8/1/2025 before the market open.

Caterpillar (CAT) reports earnings on 8/5/2025 before the market open.

Amgen (AMGN) reports earnings on 8/5/2025 after the market close.

Disney (DIS) reports earnings on 8/6/2025 before the market open.

Amazon (AMZN) reports earnings on 8/7/2025 after the market close.

Today’s Featured Dow Stock

Travelers (TRV)

Travelers (TRV) 261.81 (+3.81%) is up +8.68% in 2025.

Financial Calendar

08:30 AM ET Building Permits (MoM) (Jun), -2.0%
08:30 AM ET Building Permits (Jun), 1.390M, 1.394M
08:30 AM ET Housing Starts (MoM) (Jun), -9.8%
08:30 AM ET Housing Starts (Jun), 1.290M, 1.256M
10:00 AM ET Michigan 1-Year Inflation Expectations (Jul), 5.0%
10:00 AM ET Michigan 5-Year Inflation Expectations (Jul), 4.0%
10:00 AM ET Michigan Consumer Expectations (Jul), 55.0, 58.1
10:00 AM ET Michigan Consumer Sentiment (Jul), 61.4, 60.7
11:30 AM ET Atlanta Fed GDPNow (Q2), 2.4%, 2.4%
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 424
13:00 PM ET U.S. Baker Hughes Total Rig Count, 537
15:30 PM ET CFTC Aluminium speculative net positions, 0.3K
15:30 PM ET CFTC Copper speculative net positions, 39.6K
15:30 PM ET CFTC Corn speculative net positions, -141.8K
15:30 PM ET CFTC Crude Oil speculative net positions, 209.4K
15:30 PM ET CFTC Gold speculative net positions, 203.0K
15:30 PM ET CFTC Nasdaq 100 speculative net positions, 31.2K
15:30 PM ET CFTC Natural Gas speculative net positions, -87.8K
15:30 PM ET CFTC S&P 500 speculative net positions, -140.0K
15:30 PM ET CFTC Silver speculative net positions, 58.5K
15:30 PM ET CFTC Soybeans speculative net positions, 38.1K
15:30 PM ET CFTC Wheat speculative net positions, -61.8K