Dow stocks hitting 52-week highs include Caterpillar (CAT) 491.30 (-1.81%) and Nvidia (NVDA) 183.16 (-4.89%). Dow stock 52-week lows include Procter & Gamble (PG) 149.69 (-0.59%).

The Market

Premarket today, the Dow was indicated to be up +384 points.

Friday the Dow closed down -878.82 (-1.90%) at 45,479.60.

Year-to-date the Dow is up +6.90%.

Friday, (3) Dow stocks were up, (1) made 52-week lows, and (2) made 52-week highs.

The Dow stock winners Friday were led by McDonald’s (MCD) 297.01 (+1.09%), Coca Cola (KO) 67.04 (+1.01%) and Walmart (WMT) 101.84c(+0.07%).

The Dow stock losers Friday were led by Amazon (AMZN) 216.37 (-4.99%), Nvidia (NVDA) 183.16 (-4.89%), Nike (NKE) 65.22 (-3.61%), IBM (IBM) 277.82 (-3.61%), UnitedHealth (UNH) 354.50 (-3.59%) and Apple (AAPL) 245.27 (-3.45%).

The VIX closed Friday at 21.66 (+31.83%) and the 10 YR at 4.037 (-2.68%). The VIX is currently at 20.18 (-6.83%). The 10YR is at 4.071 (+0.44%).

Investors got their latest example of the “TACO” trade. I’m sure Trump profited greatly from the latest market downturn.

JPMorgan (JPM) shares ticked 1% higher before the bell on Monday after the bank announced a decade-long plan for financing and taking stakes in companies deemed critical to national security. The bank said it would invest as much as $10 billion into firms that focus on themes like defense and aerospace or energy technology. It’s part of a bigger effort JPMorgan is calling the Security and Resiliency Initiative.

Goldman Sachs (GS) and JPMorgan (JPM) both report earnings this week.

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

The national average price of gasoline is down one-tenth of a cent at $3.082 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 9/30/2025 after the market close with $0.49, beating estimates of $0.273 per share.

Goldman Sachs (GS) reports earnings on 10/14/2025 before the market open.

Johnson & Johnson (JNJ) reports earnings on 10/14/2025 before the market open.

JPMorgan (JPM) reports earnings on 10/14/2025 before the market open.

Travelers (TRV) reports earnings on 10/16/2025 before the market open.

American Express (AXP) reports earnings on 10/17/2025 before the market open.

3M (MMM) reports earnings on 10/21/2025 before the market open.

Coca Cola (KO) reports earnings on 10/21/2025 before the market open.

Verizon (VZ) reports earnings on 10/21/2025 before the market open.

IBM (IBM) reports earnings on 10/22/2025 after the market close.

Honeywell (HON) reports earnings on 10/23/2025 before the market open.

Procter & Gamble (PG) reports earnings on 10/24/2025 before the market open.

McDonald’s (MCD) reports earnings on 10/28/2025 before the market open.

Sherwin Williams (SHW) reports earnings on 10/28/2025 before the market open.

UnitedHealth (UNH) reports earnings on 10/28/2025 before the market open.

Visa (V) reports earnings on 10/28/2025 after the market close.

Boeing (BA) reports earnings on 10/29/2025 before the market open.

Caterpillar (CAT) reports earnings on 10/29/2025 before the market open.

Verizon (VZ) reports earnings on 10/29/2025 before the market open.

Microsoft (MSFT) reports earnings on 10/29/2025 after the market close.

Merck (MRK) reports earnings on 10/30/2025 after the market close.

Amazon (AMZN) reports earnings on 10/30/2025 after the market close.

Apple (AAPL) reports earnings on 10/30/2025 after the market close.

Chevron (CVX) reports earnings on 10/31/2025 before the market open.

Amgen (AMGN) reports earnings on 11/4/2025 after the market close.

McDonald’s (MCD) reports earnings on 11/5/2025 before the market open.

Today’s Featured Dow Stock

Nvidia (NVDA)

Nvidia (NVDA) 183.16 (-4.89%) is up +36.39% in 2025.

Financial Calendar

06:00 AM ET IMF Meetings
07:00 AM ET CB Employment Trends Index (Sep), 106.41
07:00 AM ET Construction Spending (MoM) (Aug), -0.1%, -0.1%
07:00 AM ET OPEC Monthly Report
10:00 AM ET Wholesale Trade Sales (MoM) (Aug), 1.4%
12:10 PM ET Treasury Secretary Paulson Speaks