Dow stocks hitting 52-week highs include Apple (AAPL) 268.81 (+2.28%), American Express (AXP) 361.67 (+1.15%), IBM (IBM) 307.46 (+7.88%) and IBM (IBM) 313.09 (+1.83%). There were no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +304 points.

Monday the Dow closed up +337.47 (+0.71%) at 47,544.59.

Year-to-date the Dow is up +11.75%.

Monday, (21) Dow stocks were up, none made 52-week lows, and (3) made 52-week highs.

The Dow stock winners Monday were led by Nvidia (NVDA) 191.49 (+2.81%), Apple (AAPL) 268.81 (+2.28%) and IBM (IBM) 313.09 (+1.83%).

The Dow stock losers Monday were led by Walmart (WMT) 104.47 (-1.60%), Nike (NKE) 68.59 (-0.75%) and Honeywell (HON) 215.07 (-0.50%).

The VIX closed Monday at 15.79 (-3.54%) and the 10 YR at 3.988 (-0.25%). The VIX is currently at 15.67 (-0.76%). The 10YR is at 4.001 (+0.05%).

Today is the start of the two-day Fed meeting, where the central bank is expected to cut its benchmark rate for a second time this year. Traders hoping for a signal from Fed Chair Jerome Powell on Wednesday that the central bank will cut once more at its final meeting of the year in December, partly driven by concerns about a weakening labor market. The Fed is dealing with an economic data blackout given the ongoing U.S. government shutdown.

Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data being released by ADP, a turnaround from the negative September numbers. Stepping into the void created by the government shutdown, ADP will now release a four-week average weekly change in employment with a two-week lag every Tuesday. Today’s number is the four-week average ending Oct. 11.

Amazon (AMZN) announced sweeping job cuts beginning Tuesday that will result in the company’s largest workforce reduction in its history. Amazon, the nation’s second-largest private employer, plans to lay off as many as 30,000 staffers across its corporate workforce. The announcement comes after the New York Times reported this month that Amazon executives plan to replace more than half a million human roles with robots.

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

The national average price of gasoline is down eight-tenths of a cent at $3.052 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) reported earnings on 10/14/2025 before the market open with $12.25, beating estimates of $11.03 per share.

Johnson & Johnson (JNJ) reported earnings on 10/14/2025 before the market open with $2.80, beating estimates of $2.77 per share.

JPMorgan (JPM) reported earnings on 10/14/2025 before the market open with $5.07, beating estimates of $4.83 per share.

Travelers (TRV) reported earnings on 10/16/2025 before the market open with $8.14, beating estimates of $6.008 per share.

American Express (AXP) reported earnings on 10/17/2025 before the market open with $4.14, beating estimates of $3.964 per share.

3M (MMM) reported earnings on 10/21/2025 before the market open with $2.19, beating estimates of $2.097 per share.

Coca Cola (KO) reported earnings on 10/21/2025 before the market open with $0.82, beating estimates of $0.781 per share.

IBM (IBM) reported earnings on 10/22/2025 after the market close with $2.65, beating estimates of $2.435 per share.

Honeywell (HON) reported earnings on 10/23/2025 before the market open with $2.82, beating estimates of $2.56 per share.

Procter & Gamble (PG) reports earnings on 10/24/2025 before the market open with $1.99, beating estimates of $1.896 per share.

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

American Express (AXP)

American Express (AXP) 361.67 (+1.15%) is up +21.86% in 2025.

Financial Calendar

08:55 AM ET Redbook (YoY), 5.0%
09:00 AM ET House Price Index (MoM) (Aug), 0.1%, -0.1%
09:00 AM ET House Price Index (YoY) (Aug), 2.3%
09:00 AM ET House Price Index (Aug), 433.4
09:00 AM ET S&P/CS HPI Composite – 20 s.a. (MoM) (Aug), -0.1%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (MoM) (Aug), -0.3%
09:00 AM ET S&P/CS HPI Composite – 20 n.s.a. (YoY) (Aug), 1.9%, 1.8%
10:00 AM ET CB Consumer Confidence (Oct), 93.9, 94.2
10:00 AM ET New Home Sales (Sep), 710K, 800K
10:00 AM ET New Home Sales (MoM) (Sep), 20.5%
10:00 AM ET Richmond Manufacturing Index (Oct), -14, -17
10:00 AM ET Richmond Manufacturing Shipments (Oct), -20
10:00 AM ET Richmond Services Index (Oct), 1
10:30 AM ET Dallas Fed Services Revenues (Oct), -2.4
10:30 AM ET Texas Services Sector Outlook (Oct), -5.6
11:30 AM ET 52-Week Bill Auction, 3.540%
13:00 PM ET 7-Year Note Auction, 3.953%
13:00 PM ET M2 Money Supply (MoM) (Sep), 22.20T
16:30 PM ET API Weekly Crude Oil Stock, -2.980M