Dow stocks hitting 52-week highs include Johnson & Johnson (JNJ) 202.51 (+1.26%). Dow stock 52-week lows include Salesforce (CRM) 227.88 (-2.41%).

The Market

Premarket today, the Dow was indicated to be up +474 points.

Wednesday the Dow closed up +47.03 (+0.10%) at 46,138.77.

Year-to-date the Dow is up +8.45%.

Wednesday, (13) Dow stocks were up, (1) made 52-week lows, and (1) made 52-week highs.

The Dow stock winners Wednesday were led by Nvidia (NVDA) 186.52 (+2.85%), Sherwin Williams (SHW) 329.78 (+1.84%) and Cisco (CSCO) 78.39 (+1.32%).

The Dow stock losers Wednesday were led by Salesforce (CRM) 227.88 (-2.41%), Boeing (BA) 185.70 (-2.07%) and Disney (DIS) 104.67 (-1.51%).

The VIX closed Wednesday at 23.66 (-4.17%) and the 10 YR at 4.133 (+0.27%). The VIX is currently at 23.80 (-3.60%). The 10YR is at 4.111 (-0.27%).

Upbeat guidance from Nvidia (NVDA) likely lifted investor sentiment around the AI trade, which has weakened in recent sessions amid fears about elevated valuations and circular financing. The chipmaker popped 5% after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated.

A better-than-expected U.S. jobs report shows the economy added 119,000 jobs in September, beating expectations. The report was delayed due to the U.S. government shutdown. However, most investors were looking beyond the stale data release.

Walmart (WMT) rose slightly on better-than-expected results for the third quarter. Walmart earned an adjusted 62 cents per share on revenue of $179.5 billion. Analysts expected a profit of 60 cents per share on revenue of $177.43 billion. The company also hiked its full-year sales outlook.

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

The national average price of gasoline is up six-tenths of a cent at $3.100 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) reported earnings on 10/29/2025 after the market close with $4.13, beating estimates of $3.654 per share.

Merck (MRK) reported earnings on 10/30/2025 before the market open with $2.58, beating estimates of $2.36 per share.

Amazon (AMZN) reported earnings on 10/30/2025 after the market close with $1.95, beating estimates of $1.579 per share.

Apple (AAPL) reported earnings on 10/30/2025 after the market close with $1.85, beating estimates of $1.734 per share.

Chevron (CVX) reported earnings on 10/31/2025 before the market open with $1.85, beating estimates of $1.658 per share.

Amgen (AMGN) reports earnings on 11/4/2025 after the market close with $5.64, beating estimates of $5.002 per share.

McDonald’s (MCD) reported earnings on 11/5/2025 before the market open with $3.22, missing estimates of $3.348 per share.

Cisco (CSCO) reported earnings on 11/12/2025 after the market close with $1.00, beating estimates of $0.799 per share.

Disney (DIS) reported earnings on 11/13/2025 before the market open with $1.11, beating estimates of $1.03 per share.

Home Depot (HD) reported earnings on 11/18/2025 before the market open with $3.74, missing estimates of $3.805 per share.

Nvidia (NVDA) reported earnings on 11/19/2025 after the market close with $1.30, beating estimates of $1.177 per share.

Walmart (WMT) reports earnings on 11/20/2025 before the market open with $0.62, beating estimates of $0.606 per share.

Salesforce (CRM) reports earnings on 12/3/2025 after the market close.

Today’s Featured Dow Stock

Microsoft (MSFT)

Microsoft (MSFT) 487.12 (-1.35%) is up +15.57% in 2025.

Financial Calendar

08:30 AM ET Average Hourly Earnings (MoM) (Sep), 0.3%, 0.3%
08:30 AM ET Average Hourly Earnings (YoY) (YoY) (Sep), 3.7%, 3.7%
08:30 AM ET Average Weekly Hours (Sep), 34.2, 34.2
08:30 AM ET Building Permits (Sep), 1.340M, 1.330M
08:30 AM ET Building Permits (MoM) (Sep), -2.3%
08:30 AM ET Continuing Jobless Claims, 1,957K
08:30 AM ET Export Price Index (YoY) (Sep), 3.4%
08:30 AM ET Export Price Index (MoM) (Sep), 0.1%, 0.3%
08:30 AM ET Government Payrolls (Sep), -16.0K
08:30 AM ET Housing Starts (Sep), 1.320M, 1.307M
08:30 AM ET Housing Starts (MoM) (Sep), -8.5%
08:30 AM ET Import Price Index (MoM) (Sep), 0.1%, 0.3%
08:30 AM ET Import Price Index (YoY) (Sep), 0.0%
08:30 AM ET Initial Jobless Claims, 232K
08:30 AM ET Jobless Claims 4-Week Avg., 58.00K
08:30 AM ET Manufacturing Payrolls (Sep), -8K, -12K
08:30 AM ET Nonfarm Payrolls (Sep), 55K, 22K
08:30 AM ET Participation Rate (Sep), 62.3%
08:30 AM ET Philadelphia Fed Manufacturing Index (Nov), 1.0, -12.8
08:30 AM ET Philly Fed Business Conditions (Nov), 36.2
08:30 AM ET Philly Fed CAPEX Index (Nov), 25.20
08:30 AM ET Philly Fed Employment (Nov), 4.6
08:30 AM ET Philly Fed New Orders (Nov), 18.2
08:30 AM ET Philly Fed Prices Paid (Nov), 49.20
08:30 AM ET Private Nonfarm Payrolls (Sep), 62K, 38K
08:30 AM ET U6 Unemployment Rate (Sep), 8.1%
08:30 AM ET Unemployment Rate (Sep), 4.3%, 4.3%
09:15 AM ET Capacity Utilization Rate (Sep), 77.3%, 77.4%
09:15 AM ET Industrial Production (MoM) (Oct), 0.1%
09:15 AM ET Industrial Production (YoY) (Sep), 0.87%
10:00 AM ET Existing Home Sales (Oct), 4.08M, 4.06M
10:00 AM ET Existing Home Sales (MoM) (Oct), 1.5%
10:30 AM ET Natural Gas Storage, -12B, 45B
11:00 AM ET Fed Governor Cook Speaks
11:00 AM ET KC Fed Composite Index (Nov), 6
11:00 AM ET KC Fed Manufacturing Index (Nov), 15
11:30 AM ET 4-Week Bill Auction, 3.900%
11:30 AM ET 8-Week Bill Auction, 3.835%
12:40 AM ET Fed Goolsbee Speaks
13:00 AM ET 10-Year TIPS Auction, 1.734%
13:00 AM ET Federal Budget Balance (Oct), -223.3B, 198.0B