Dow stocks hitting 52-week highs include Merck (MRK) 108.87 (+1.33%). There were no Dow stocks hitting 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +51 points.

Tuesday the Dow closed up +484.90 (+0.99%) at 49,462.08.

Year-to-date the Dow is up +2.91%.

Tuesday, (23) Dow stocks were up, none made 52-week lows, and (1) made 52-week highs.

The Dow stock winners Tuesday were led by Amazon (AMZN) 240.93 (+3.38%), Amgen (AMGN) 330.17 (+2.95%) and Salesforce (CRM) 262.90 (+2.59%).

The Dow stock losers Tuesday were led by Chevron (CVX) 156.54 (-4.46%), Apple (AAPL) 262.36 (-1.83%) and Travelers (TRV) 285.19 (-0.89%).

The VIX closed Tuesday at 14.75 (-1.01%) and the 10 YR at 4.172 (-0.29%). The VIX is currently at 15.03 (+1.90%). The 10YR is at 4.143 (-0.98%).

Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday. Companies added 41,000 hires for the month, a reversal from the loss of 29,000 in November, providing a positive sign to a labor market that otherwise struggled as 2025 came to a close. Private company payrolls had declined in three of the four months prior to the December release. The final tally was slightly less than the consensus estimate calling for 48,000.

Oil prices fell on Wednesday after Trump said the U.S. would import $2 billion worth of Venezuelan crude. West Texas Intermediate futures slipped 28 cents, or 0.5%, to $56.85 per barrel. Brent lost 11 cents, or 0.2%, to trade at $60.58.

Nvidia (NVDA) chief executive officer Jensen Huang said Tuesday that the company is seeing “very high” customer demand in China for its H200 AI chips, which the U.S. government recently signaled that it would approve for export.

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 four-tenths of a cent at $2.819 per gallon.

Earnings Reports

JPMorgan (JPM) reports earnings on 1/13/2026 before the market open.

Goldman Sachs (GS) reports earnings on 1/15/2026 before the market open.

3M (MMM) reports earnings on 1/20/2026 before the market open.

Johnson & Johnson (JNJ) reports earnings on 1/21/2026 before the market open.

Travelers (TRV) reports earnings on 1/21/2026 before the market open.

Procter & Gamble (PG) reports earnings on 1/22/2026 before the market open.

UnitedHealth (UNH) reports earnings on 1/27/2026 before the market open.

Visa (V) reports earnings on 1/27/2026 after the market close.

Boeing (BA) reports earnings on 1/28/2026 before the market open.

IBM (IBM) reports earnings on 1/28/2026 after the market close.

Microsoft (MSFT) reports earnings on 1/28/2026 after the market close.

Caterpillar (CAT) reports earnings on 1/29/2026 before the market open.

Sherwin Williams (SHW) reports earnings on 1/29/2026 before the market open.

Honeywell (HON) reports earnings on 1/29/2026 before the market open.

Apple (AAPL) reports earnings on 1/29/2026 after the market close.

American Express (AXP) reports earnings on 1/30/2026 before the market open.

Chevron (CVX) reports earnings on 1/30/2026 before the market open.

Verizon (VZ) reports earnings on 1/30/2026 before the market open.

Today’s Featured Dow Stock

Nvidia (NVDA)

Nvidia (NVDA) 187.24 (-0.47%) is up +0.40% in 2026.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.31%
07:00 AM ET MBA Mortgage Applications (WoW), -5.0%
07:00 AM ET MBA Purchase Index, 169.9
07:00 AM ET Mortgage Market Index, 299.8
07:00 AM ET Mortgage Refinance Index, 1,084.3
08:15 AM ET ADP Nonfarm Employment Change (Dec), 50K, -32K
10:00 AM ET Durables Excluding Defense (MoM) (Oct), -1.5%, -1.5%
10:00 AM ET Durables Excluding Transport (MoM) (Oct), 0.2%
10:00 AM ET Factory Orders (MoM) (Oct), -1.2%, 0.2%
10:00 AM ET Factory orders ex transportation (MoM) (Oct), 0.2%
10:00 AM ET ISM Non-Manufacturing Business Activity (Dec), 54.5
10:00 AM ET ISM Non-Manufacturing Employment (Dec), 48.9
10:00 AM ET ISM Non-Manufacturing New Orders (Dec), 52.9
10:00 AM ET ISM Non-Manufacturing PMI (Dec), 52.2, 52.6
10:00 AM ET ISM Non-Manufacturing Prices (Dec), 65.4
10:00 AM ET JOLTS Job Openings (Nov), 7.640M, 7.670M
10:00 AM ET Milk Auctions, 3,341.0
10:30 AM ET Crude Oil Inventories, -1.200M, -1.934M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.071M
10:30 AM ET Crude Oil Imports, -0.957M
10:30 AM ET Cushing Crude Oil Inventories, 0.543M
10:30 AM ET Distillate Fuel Production, -0.076M
10:30 AM ET EIA Weekly Distillates Stocks, 4.977M
10:30 AM ET Gasoline Production, -0.352M
10:30 AM ET Heating Oil Stockpiles, 0.134M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 0.1%
10:30 AM ET Gasoline Inventories, 5.845M
16:10 PM ET FOMC Member Bowman Speaks