Dow stocks hitting 52-week highs include Apple (AAPL) 269.00 (+0.07%), Cisco (CSCO) 72.62 (+1.72%), IBM (IBM) 312.57 (-0.17%) and Nvidia (NVDA) 201.03 (+4.98%). There were no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +124 points.

Tuesday the Dow closed up +161.78 (+0.34%) at 47,706.37.

Year-to-date the Dow is up +12.13%.

Tuesday, (14) Dow stocks were up, none made 52-week lows, and (4) made 52-week highs.

The Dow stock winners Tuesday were led by Sherwin Williams (SHW) 354.45 (+5.47%), Nvidia (NVDA) 201.03 (+4.98%) and Microsoft (MSFT) 542.07 (+1.98%).

The Dow stock losers Tuesday were led by Johnson & Johnson (JNJ) 186.93 (-1.77%), Nike (NKE) 67.43 (-1.69%) and Walmart (WMT) 103.17 (-1.24%).

The VIX closed Tuesday at 16.42 (+3.99%) and the 10 YR at 3.972 (-0.58%). The VIX is currently at 16.44 (+0.12%). The 10YR is at 3.983 (+0.05%).

Nvidia (NVDA) shares were up more than 3% in the premarket, putting the chipmaker on pace to reach a market capitalization of $5 trillion. It would be the first time a U.S. company would reach such a valuation.

The Fed is widely expected to cut rates by a quarter point at the conclusion of its meeting Wednesday but are less certain whether Chair Jerome Powell will strike a dovish tone in his post-meeting comments. Investors are counting on another interest rate cut from the central bank at its December meeting.

Caterpillar (CAT) rose 4% on stronger-than-anticipated results for the third quarter. Caterpillar earned $4.95 per share, adjusted, on revenue of $17.64 billion, while analysts polled by LSEG forecasted a profit of $4.59 per share on revenue of $16.77 billion.

Boeing (BA) shares fell nearly 1% in the premarket on Wednesday after the aerospace company’s latest quarterly results. Boeing posted an adjusted loss per share of $7.47 for the period, missing the loss of $4.59 per share that analysts surveyed by LSEG had penciled in. By contrast, Boeing reported $23.27 billion in revenue for the third quarter, above the consensus estimate of $21.97 billion.

Visa (V) shares rose 1% after the payments company reported fourth-quarter results that exceeded expectations on the top and bottom lines. Visa posted adjusted quarterly earnings of $2.98 per share on revenue of $10.72 billion. Analysts polled by LSEG had expected per-share earnings of $2.97 on revenue of $10.61 billion.

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.

Sherwin Williams (SHW) reported earnings on 10/28/2025 before the market open with $3.59, beating estimates of $3.461 per share.

UnitedHealth (UNH) report earnings on 10/28/2025 before the market open with $2.92, beating estimates of $2.753 per share.

Visa (V) reported earnings on 10/28/2025 after the market close with $2.98, beating estimates of $2.966 per share.

Boeing (BA) reported earnings on 10/29/2025 before the market open with -$7.47, missing estimates of -$3.769 per share.

Caterpillar (CAT) reported earnings on 10/29/2025 before the market open with $4.95, beating estimates of $4.52 per share.

Verizon (VZ) reported earnings on 10/29/2025 before the market open with $1.21, beating estimates of $1.191 per share.

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

Boeing (BA)

Boeing (BA) 223.33 (+0.15%) is up +26.18% in 2025.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.37%
07:00 AM ET MBA Mortgage Applications (WoW), -0.3%
07:00 AM ET MBA Purchase Index, 157.3
07:00 AM ET Mortgage Market Index, 316.2
07:00 AM ET Mortgage Refinance Index, 1,214.7
08:30 AM ET Goods Trade Balance (Sep), -90.00B, -85.50B
08:30 AM ET Retail Inventories Ex Auto (Sep), 0.3%, 0.1%
08:30 AM ET Wholesale Inventories (MoM) (Sep), -0.2%, 0.1%
10:00 AM ET New Home Sales (MoM) (Sep), 20.5%
10:00 AM ET New Home Sales (Sep), 710K, 800K
10:00 AM ET Pending Home Sales (MoM) (Sep), 1.7%, 4.0%
10:00 AM ET Pending Home Sales Index (Sep), 74.7
10:30 AM ET Crude Oil Inventories, -0.400M, -0.961M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.600M
10:30 AM ET Crude Oil Imports, 0.656M
10:30 AM ET Cushing Crude Oil Inventories, -0.770M
10:30 AM ET Distillate Fuel Production, 0.040M
10:30 AM ET EIA Weekly Distillates Stocks, -1.800M, -1.479M
10:30 AM ET Gasoline Production, 0.235M
10:30 AM ET Heating Oil Stockpiles, 0.088M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 2.9%
10:30 AM ET Gasoline Inventories, -1.900M, -2.147M
14:00 PM ET FOMC Statement
14:00 PM ET Fed Interest Rate Decision, 4.00%, 4.25%
14:30 PM ET FOMC Press Conference