There were no Dow stocks hitting 52-week highs. Dow stocks hitting 52-week lows include Visa (V) 299.02 (-3.06%).

The Market

Premarket today, the Dow was indicated to be down -349 points.

Wednesday the Dow closed down -768.11 (-1.63%) at 46,225.15.

Year-to-date the Dow is down -3.82%.

Wednesday, (2) Dow stocks were up, (1) made 52-week lows, and none made 52-week highs.

The Dow stock winners Wednesday were Chevron (CVX) 198.61 (+0.32%) and JPMorgan (JPM) 287.74 (+0.30%).

The Dow stock losers Wednesday were led by McDonald’s (MCD) 315.73 (-3.24%), Procter & Gamble (PG) 146.71 (-3.15%), Home Depot (HD) 330.93 (-3.08%), Visa (V) 299.02 (-3.06%) and Nike (NKE) 53.47 (-2.99%).

The VIX closed Wednesday at 25.09 (+12.16%) and the 10 YR at 4.268 (+1.55%). The VIX is currently at 27.03 (+7.73%). The 10YR is at 4.297 (+0.92%).

Initial unemployment claims took another step-down last week, the Labor Department reported Thursday. First-time filings totaled just 205,000 for the week ended March 14, down 8,000 from the unrevised prior period and below the consensus estimate for 215,000. The move brought the four-week average down to 210,750 as the low-hire low-fire labor market statis continued. Continuing claims, which run a week behind, increased by 10,000 to 1.857 million.

The Philadelphia Fed’s manufacturing index unexpectedly rose to 18.1 in March on a surge in current shipments. The forecast had been for 8.4 for an index that measures the difference between companies reporting expansion against contraction.

The Federal Reserve kept its key interest rate steady on Wednesday and adjusted its projections for the economy as well as the future path of monetary policy.

Oil and gas prices surged as escalating attacks in the Middle East threatened long-term damage to major energy facilities. International benchmark Brent crude futures with May delivery rose nearly 11% to $119.11 per barrel, while U.S. West Texas Intermediate futures advanced 3% to $99.29.

The Dow Jones Industrial Average closed below its long-term trend on Wednesday, and the S&P 500 could be next. The Dow Industrials closed below its 200-day moving average for the first time since June 20, 2025, suggesting the underlying trend for the index is now negative.

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

The national average price of gasoline is up 4.2 cents at $3.842 per gallon.

Earnings Reports

Nike (NKE) reports earnings on 3/31/26 after the market close.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 198.61 (+0.32%) is up +30.31% in 2026.

Financial Calendar

08:00 AM ET Building Permits (Jan), 1.376M, 1.455M
08:00 AM ET Building Permits (MoM) (Jan), 4.8%
08:30 AM ET Continuing Jobless Claims, 1,850K, 1,850K
08:30 AM ET Initial Jobless Claims, 215K, 213K
08:30 AM ET Jobless Claims 4-Week Avg., 212.00K
08:30 AM ET Philadelphia Fed Manufacturing Index (Mar), 8.3, 16.3
08:30 AM ET Philly Fed Business Conditions (Mar), 42.8
08:30 AM ET Philly Fed CAPEX Index (Mar), 14.40
08:30 AM ET Philly Fed Employment (Mar), -1.3
08:30 AM ET Philly Fed New Orders (Mar), 11.7
08:30 AM ET Philly Fed Prices Paid (Mar), 38.90
10:00 AM ET New Home Sales (Jan), 722K, 745K
10:00 AM ET New Home Sales (MoM) (Jan), -1.7%
10:00 AM ET US Leading Index (MoM) (Jan), -0.1%, -0.2%
10:00 AM ET Wholesale Inventories (MoM) (Jan), 0.2%, 0.2%
10:00 AM ET Wholesale Trade Sales (MoM) (Jan), 1.0%
10:30 AM ET Natural Gas Storage, 39B, -38B
11:30 AM ET 4-Week Bill Auction, 3.640%
11:30 AM ET 8-Week Bill Auction, 3.625%
13:00 PM ET Atlanta Fed GDPNow (Q1), 2.7%, 2.7%