Dow stocks hitting 52-week highs include Amgen (AMGN) 366.20 (+8.15%), Caterpillar (CAT) 691.82 (-1.57%). Cisco (CSCO) 81.16 (-2.35%), Chevron (CVX) 181.23 (+1.79%), Honeywell (HON) 235.35 (+1.92%), Johson & Johnson (JNJ) 234.47 (+0.59%), Coca Cola (KO) 77.35 (+0.60%), McDonald’s (MCD) 323.69 (+1.32%), Merck (MRK) 118.33 (+2.15%), Verizon (VZ) 47.01 (+1.64 and Walmart (WMT) 128.00 (+0.23%). Dow stocks hitting 52-week lows include Salesforce (CRM) 199.44 (+1.56%).

The Market

Premarket today, the Dow was indicated to be down -233 points.

Wednesday the Dow closed up +260.31 (+0.53%) at 49,501.30.

Year-to-date the Dow is up +2.99%.

Wednesday, (23) Dow stocks were up, (1) made 52-week lows, and (11) made 52-week highs.

The Dow stock winners Wednesday were led by Amgen (AMGN) 366.20 (+8.15%), Nike (NKE) 64.22 (+5.40%) and 3M (MMM) 163.79 (+5.21%).

The Dow stock losers Wednesday were led by Nvidia (NVDA) 174.19 (-3.41%), UnitedHealth (UNH) 275.92 (-2.91%) and Goldman Sachs (GS) 913.30 (-2.74%).

The VIX closed Wednesday at 18.64 (+3.56%) and the 10 YR at 4.276 (-0.28%). The VIX is currently at 21.45 (+15.08%). The 10YR is at 4.244 (-1.03%).

Initial jobless claims jumped last week, rising to their highest level since early December and countering a recent trend lower, the Labor Department reported Thursday. Following a heavy snow that blanketed a large swath of the South and East, first-time filings for unemployment benefits totaled a seasonally adjusted 231,000 for the week ended Jan. 31, up 22,000 from the previous period’s unrevised level and higher than the Dow Jones consensus for 212,000. Continuing claims, which run a week behind, also rose, up 25,000 to 1.84 million. However, the four-week moving average of continuing claims was at its lowest since Oct. 5, 2024. Last week’s rise in claims came from spikes in Pennsylvania and Wisconsin, according to unadjusted data.

Bitcoin dropped below $70,000 on Thursday amid a broader sell-off of risk assets. It’s the first time bitcoin has fallen below $70,000 since November 2024. Bitcoin was last trading at around $70,155 at 9:26 a.m. ET. Some market watchers have suggested $70,000 is a key level to watch and a break below that could trigger more falls for bitcoin.

Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday. U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009, while the economy was in the final months of its steepest downturn since the Great Depression.

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

The national average price of gasoline is up four-tenths of a cent at $2.891 per gallon.

Earnings Reports

JPMorgan (JPM) reported earnings on 1/13/2026 before the market open with $4.63, missing estimates for $5.009 per share.

Goldman Sachs (GS) reported earnings on 1/15/2026 before the market open with $14.01, beating estimates for $11.776 per share.

3M (MMM) reported earnings on 1/20/2026 before the market open with $1.83, beating estimates for $1.807 per share.

Johnson & Johnson (JNJ) reported earnings on 1/21/2026 before the market open with $2.46, beating estimates for $2.434 per share.

Travelers (TRV) reported earnings on 1/21/2026 before the market open with $11.13, beating estimates for $8.419 per share.

Procter & Gamble (PG) reported earnings on 1/22/2026 before the market open with $1.88, beating estimates for $1.874 per share.

Boeing (BA) reported earnings on 1/27/2026 before the market open with $9.92, beating estimates for -$0.399 per share.

UnitedHealth (UNH) reported earnings on 1/27/2026 before the market open with $2.11, beating estimates for $2.093 per share.

IBM (IBM) reported earnings on 1/28/2026 after the market close with $4.52, beating estimates for $4.33 per share.

Microsoft (MSFT) reported earnings on 1/28/2026 after the market close with $4.14, beating estimates for $3.875 per share.

Caterpillar (CAT) reported earnings on 1/29/2026 before the market open with $5.16, beating estimates for $4.674 per share.

Sherwin Williams (SHW) reported earnings on 1/29/2026 before the market open with $2.23, beating estimates for $2.122 per share.

Honeywell (HON) reported earnings on 1/29/2026 before the market open with $2.59, beating estimates for $2.527 per share.

Apple (AAPL) reported earnings on 1/29/2026 after the market close with $2.84, beating estimates for $2.654 per share.

Visa (V) reports earnings on 1/29/2026 after the market close with $3.17, beating estimates for $3.137 per share.

American Express (AXP) reports earnings on 1/30/2026 before the market open with $3.53, missing estimates for $3.554 per share.

Chevron (CVX) reports earnings on 1/30/2026 before the market open with $1.52, beating estimates for $1.444 per share.

Verizon (VZ) reports earnings on 1/30/2026 before the market open with $1.09, beating estimates for $1.061 per share.

Disney (DIS) reported earnings on 2/2/2026 before the market open with $1.63, beating estimates for $1.569 per share.

Merck (MRK) reported earnings on 2/3/2026 before the market open with $2.04, beating estimates for $2.028 per share.

Amgen (AMGN) reported earnings on 2/3/2026 after the market close with $5.29, beating estimates for $4.758 per share.

Amazon (AMZN) reports earnings on 2/5/2026 after the market close.

Coca Cola (KO) reports earnings on 2/10/2026 before the market open.

McDonalds (MCD) reports earnings on 2/11/2026 before the market open.

Cisco (CSCO) reports earnings on 2/11/2026 after the market close.

Walmart (WMT) reports earnings on 2/19/2026 before the market open.

Today’s Featured Dow Stock

Goldman Sachs (GS)

Goldman Sachs (GS) 913.30 (-2.74%) is up +3.90% in 2026.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.24%
07:00 AM ET MBA Mortgage Applications (WoW), -8.5%
07:00 AM ET MBA Purchase Index, 193.3
07:00 AM ET Mortgage Market Index, 363.3
07:00 AM ET Mortgage Refinance Index, 1,332.2
08:15 AM ET ADP Nonfarm Employment Change (Jan), 46K, 41K
09:00 AM ET JOLTS Job Openings (Dec), 7.230M, 7.146M
09:45 AM ET S&P Global Composite PMI (Jan), 52.8, 52.7
09:45 AM ET S&P Global Services PMI (Jan), 52.5, 52.5
10:00 AM ET ISM Non-Manufacturing Business Activity (Jan), 56.0
10:00 AM ET ISM Non-Manufacturing Employment (Jan), 52.3, 52.0
10:00 AM ET ISM Non-Manufacturing New Orders (Jan), 57.9
10:00 AM ET ISM Non-Manufacturing PMI (Jan), 53.5, 54.4
10:00 AM ET ISM Non-Manufacturing Prices (Jan), 64.3
10:30 AM ET Crude Oil Inventories, -2.000M, -2.295M
10:30 AM ET EIA Refinery Crude Runs (WoW), -0.395M
10:30 AM ET Crude Oil Imports, -1.706M
10:30 AM ET Cushing Crude Oil Inventories, -0.278M
10:30 AM ET Distillate Fuel Production, -0.268M
10:30 AM ET EIA Weekly Distillates Stocks, 0.329M
10:30 AM ET Gasoline Production, 0.791M
10:30 AM ET Heating Oil Stockpiles, 0.026M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), -2.4%
10:30 AM ET Gasoline Inventories, 0.223M
14:00 PM ET Total Vehicle Sales (Jan), 15.50M, 16.00M
18:30 PM ET Fed Governor Cook Speaks