Dow stocks hitting 52-week highs include Apple (AAPL) 298.87 (+1.38%), Cisco (CSCO) 101.87 (+2.60%), Nvidia (NVDA) 225.83 (+2.29%) and UnitedHealth (UNH) 401.16 (+1.20%). Dow stocks hitting 52-week lows include Home Depot (HD) 302.55 (-2.55%), IBM (IBM) 214.64 (-2.09%) and Nike (NKE) 42.34 (-0.02%).

The Market

Premarket today, the Dow was indicated to be up +414 points.

Wednesday the Dow closed down -67.36 (-0.14%) at 49,693.20.

Year-to-date the Dow is up +3.39%.

Wednesday, (15) Dow stocks were up, (3) made 52-week lows, and (4) made 52-week highs.

The Dow stock winners Wednesday were led by Johnson & Johnson (JNJ) 230.42 (+2.75%), 3M (MMM) 147.10 (+2.72%) and Cisco (CSCO) 101.87 (+2.60%).

The Dow stock losers Wednesday were led by Salesforce (CRM) 165.84 (-3.19%), Home Depot (HD) 302.55 (-2.55%) and IBM (IBM) 214.64 (-2.09%).

The VIX closed Wednesday at 17.80 (-0.61%) and the 10 YR at 4.473 (+0.16%). The VIX is currently at 17.89 (+0.11%). The 10YR is at 4.449 (-0.74%).

Shares of Cisco (CSCO) surged 15% in premarket trading after the software giant posted third-quarter results and guidance that beat Wall Street’s expectations and announced it would be cutting almost 4,000 jobs. Cisco’s gain gave Dow futures a boost, putting it on track to reclaim the 50,000 level it reached earlier this year. Dow futures also got a lift from Boeing (BA), which rose more than 1% as expectations grew that the summit between Trump and Chinese President Xi Jinping could yield some deals for U.S. companies. Nvidia (NVDA) also advanced more than 2% after Reuters reported that the U.S. has cleared about 10 Chinese firms to purchase Nvidia’s H200 chip, though no deliveries have been made yet.

Retail sales rose as expected in April while initial unemployment claims were a bit higher than forecast, according to economic data Thursday. The Commerce Department reported that sales rose 0.5% for the month, matching the Dow Jones estimate, according to numbers adjusted for seasonality but not inflation. Excluding autos, sales grew 0.7%, or 0.1 percentage point below the estimate. Though sales were largely in line, the top-line figures received an outsized boost from soaring energy costs, which drove up sales at gas stations by 2.8%, by far the biggest gainer among all categories.

This morning the Labor Department reported 211,000 initial Jobless Claims filings for the week ending May 9, were up 12,000 from the prior reading and above the 205,000 estimate. Continuing claims, which run a week behind, rose 24,000 to 1.78 million.

There was more bad inflation news Thursday, as import and export prices hit multi-year highs in April. Import prices jumped 1.9% for the month, a full percentage point above the March move and higher than the 0.9% Dow Jones consensus forecast. On a 12-month basis, prices rose 4.2%, the most since October 2022. Consistent with other recent data, the rise came in large part from energy-related costs, as prices for fuels and lubricants surged 16.3%. Prices for petroleum and petroleum products increased 19%. Nonfuel imports rose 0.8% on higher prices for capital goods, nonfuel supplies and foods and beverages. On the export side, prices climbed even more, up 3.3%, which put the 12-month increase at 8.8%, the highest since September 2022.

Cisco Systems (CSCO) shares surged 17% after the software giant issued third-quarter results and guidance that beat Wall Street’s expectations. For its current quarter, Cisco sees its adjusted earnings coming in at $1.16 to $1.18 per share on $16.7 billion to $16.9 billion in revenue. Analysts were looking for adjusted earnings of $1.07 per share and revenue of $15.82 billion, per LSEG. Cisco also beat Wall Street’s projections on both the top and bottom lines for its last quarter and announced that it would be cutting almost 4,000 jobs.

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

The national average price of gasoline is up 2.3 cents at $4.534 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/31/26 after the market close with $0.35, beating estimates for $0.29 per share.

Goldman Sachs (GS) reported earnings on 4/13/26 before the market open with $17.55, beating estimates for $16.342 per share.

Johnson & Johnson (JNJ) reported earnings on 4/14/26 before the market open with $2.70, beating estimates for $2.671 per share.

JPMorgan (JPM) reported earnings on 4/14/26 before the market open with $5.94, beating estimates for $5.486 per share.

Travelers (TRV) reported earnings on 4/16/26 before the market open with $7.71, beating estimates for $6.976 per share.

3M (MMM) reported earnings on 4/21/26 before the market open with $2.14, beating estimates for $2.016 per share.

UnitedHealth (UNH) reported earnings on 4/21/26 before the market open with $7.23, beating estimates for $6.475 per share.

Boeing (BA) reported earnings on 4/22/26 before the market open with -$0.20, beating estimates for -$0.946 per share.

IBM (IBM) reported earnings on 4/22/26 after the market close with $1.91, beating estimates for $1.813 per share.

American Express (AXP) reported earnings on 4/23/26 before the market open with $4.28, beating estimates for $4.033 per share.

Honeywell (HON) reported earnings on 4/23/26 before the market open with $2.45, beating estimates for $2.309 per share.

Procter & Gamble (PG) reported earnings on 4/24/26 before the market open with $1.59, beating estimates for $1.563 per share.

Verizon (VZ) reported earnings on 4/27/26 before the market open with $1.24, beating estimates for $1.217 per share.

Coca Cola (KO) reported earnings on 4/28/26 before the market open with $0.86, beating estimates for $0.809 per share.

Sherwin Williams (SHW) reported earnings on 4/28/26 before the market open with $2.35, beating estimates for $2.24 per share.

Visa (V) reported earnings on 4/28/26 after the market close with $3.31, beating estimates for $3.091 per share.

Amazon (AMZN) reported earnings on 4/29/26 after the market close with $2.78, beating estimates for $1.595 per share.

Microsoft (MSFT) reported earnings on 4/29/26 after the market close with $4.27, beating estimates for $4.068 per share.

Caterpillar (CAT) reported earnings on 4/30/26 before the market open with $5.54, beating estimates for $4.55 per share.

Merck (MRK) reported earnings on 4/30/26 before the market open with -$1.28, beating estimates for -$1.514 per share.

Apple (AAPL) reported earnings on 4/30/26 after the market close with $2.01, beating estimates for $1.916 per share.

Amgen (AMGN) reported earnings on 4/30/26 after the market close with $5.15, beating estimates for $4.73 per share.

Chevron (CVX) reported earnings on 5/1/26 before the market open with $1.41, beating estimates for $0.915 per share.

Disney (DIS) reported earnings on 5/6/26 before the market open with $1.57, beating estimates for $1.485 per share.

McDonald’s (MCD) reported earnings on 5/7/26 before the market open with $2.83, beating estimates for $2.74 per share.

Cisco (CSCO) reported earnings on 5/13/26 after the market close with $1.06, beating estimates for $0.855 per share.

Home Depot (HD) reports earnings on 5/19/26 before the market open.

Nvidia (NVDA) reports earnings on 5/20/26 after the market close.

Walmart (WMT) reports earnings on 5/21/26 before the market open.

Salesforce (CRM) reports earnings on 5/27/26 after the market close.

Today’s Featured Dow Stock

Coca Cola (KO)

Coca Cola (KO) 80.26 (+0.29%) is up +14.80% in 2026.

Financial Calendar

08:30 AM ET Continuing Jobless Claims, 1,790K, 1,766K
08:30 AM ET Core Retail Sales (MoM) (Apr), 0.7%, 1.9%
08:30 AM ET Export Price Index (YoY) (Apr), 5.6%
08:30 AM ET Export Price Index (MoM) (Apr), 1.1%, 1.6%
08:30 AM ET Import Price Index (MoM) (Apr), 1.0%, 0.8%
08:30 AM ET Import Price Index (YoY) (Apr), 2.1%
08:30 AM ET Initial Jobless Claims, 205K, 200K
08:30 AM ET Jobless Claims 4-Week Avg., 203.25K
08:30 AM ET Retail Control (MoM) (Apr), 0.4%, 0.7%
08:30 AM ET Retail Sales (MoM) (Apr), 0.5%, 1.7%
08:30 AM ET Retail Sales (YoY) (Apr), 3.97%
08:30 AM ET Retail Sales Ex Gas/Autos (MoM) (Apr), 0.6%
10:00 AM ET Business Inventories (MoM) (Mar), 0.8%, 0.4%
10:00 AM ET Retail Inventories Ex Auto (Mar), 0.5%, 0.5%
10:30 AM ET Natural Gas Storage, 86B, 63B
11:30 AM ET 4-Week Bill Auction, 3.610%
11:30 AM ET 8-Week Bill Auction, 3.595%
11:30 AM ET Atlanta Fed GDPNow (Q2)
16:30 PM ET Fed’s Balance Sheet, 6,710B
16:30 PM ET Reserve Balances with Federal Reserve Banks, 3.051T
17:45 PM ET FOMC Member Williams Speaks
19:00 PM ET Fed Vice Chair for Supervision Barr Speaks