Dow stocks hitting 52-week highs include Apple (AAPL) 286.19 (+1.09%) and Walmart (WMT) 112.41 (+0.79%). Dow stocks hitting 52-week lows include Procter & Gamble (PG) 145.86 (-1.07%)

The Market

Premarket today, the Dow was indicated to be down -81 points.

Tuesday the Dow closed up +185.13 (+0.39%) at 47,474.46.

Year-to-date the Dow is up +11.58%.

Tuesday, (16) Dow stocks were up, (1) made 52-week lows, and (2) made 52-week highs.

The Dow stock winners Tuesday were led by Boeing (BA) 205.38 (+10.15%), Caterpillar (CAT) 582.47 (+2.54%) and Honeywell (HON) 193.15 (+1.54%).

The Dow stock losers Tuesday were led by Disney (DIS) 104.83 (-1.82%), Coca Cola (KO) 70.67 (-1.78%) and Chevron (CVX) 150.25 (-1.50%).

The VIX closed Tuesday at 16.59 (-3.77%) and the 10 YR at 4.086 (+1.67%). The VIX is currently at 17.25 (+3.98%). The 10YR is at 4.055 (-0.64%).

The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. Larger businesses, entailing companies with 50 or more employees, actually reported a net gain of 90,000 workers. However, establishments with fewer than 50 saw a decline of 120,000. The ADP report is the last monthly jobs picture the Federal Reserve gets before it meets Dec. 9-10.

Microsoft (MSFT) shares turned lower after The Information reported it was cutting software sales quotas tied to artificial intelligence. The stock was last down 2% in premarket trading. Nvidia (NVDA) was down in sympathy with Microsoft.

Salesforce (CRM) reports earnings today after the close.

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

The national average price of gasoline is up one-tenth of a cent at $2.999 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) reported 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

Verizon (VZ)

Verizon (VZ) 40.61 (-0.32%) is up +1.55% in 2025.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.40%
07:00 AM ET MBA Mortgage Applications (WoW), 0.2%
07:00 AM ET MBA Purchase Index, 181.6
07:00 AM ET Mortgage Market Index, 317.6
07:00 AM ET Mortgage Refinance Index, 1,090.4
08:15 AM ET ADP Nonfarm Employment Change (Nov), 7K, 42K
08:30 AM ET Export Price Index (MoM) (Sep), 0.0%, 0.3%
08:30 AM ET Export Price Index (YoY) (Sep), 3.4%
08:30 AM ET Import Price Index (MoM) (Sep), 0.1%, 0.3%
08:30 AM ET Import Price Index (YoY) (Sep), 0.0%
09:15 AM ET Capacity Utilization Rate (Sep), 77.3%, 77.4%
09:15 AM ET Industrial Production (YoY) (Sep), 0.87%
09:15 AM ET Industrial Production (MoM) (Sep), 0.1%, 0.1%
09:15 AM ET Manufacturing Production (MoM) (Sep), 0.2%
09:45 AM ET S&P Global Composite PMI (Nov), 54.8, 54.6
09:45 AM ET S&P Global Services PMI (Nov), 55.0, 54.8
10:00 AM ET Construction Spending (MoM) (Sep), 0.2%
10:00 AM ET ISM Non-Manufacturing Business Activity (Nov), 54.3
10:00 AM ET ISM Non-Manufacturing Employment (Nov), 48.2
10:00 AM ET ISM Non-Manufacturing New Orders (Nov), 56.2
10:00 AM ET ISM Non-Manufacturing PMI (Nov), 52.0, 52.4
10:00 AM ET ISM Non-Manufacturing Prices (Nov), 70.0
10:00 AM ET Total Vehicle Sales (Nov), 15.40M, 15.30M
10:30 AM ET Crude Oil Inventories, 2.774M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.211M
10:30 AM ET Crude Oil Imports, 1.046M
10:30 AM ET Cushing Crude Oil Inventories, -0.068M
10:30 AM ET Distillate Fuel Production, 0.087M
10:30 AM ET EIA Weekly Distillates Stocks, 1.147M
10:30 AM ET Gasoline Production, 0.286M
10:30 AM ET Heating Oil Stockpiles, 0.057M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 2.3%
10:30 AM ET Gasoline Inventories, 2.513M