Dow stocks hitting 52-week highs include Apple (AAPL) 310.26 (-0.47%), Caterpillar (CAT) 926.18 (+1.80%) and Cisco (CSCO) 126.50 (+0.82%). There were no Dow stocks hitting 52-week lows.
The Market
Premarket today, the Dow was indicated to be up +491 points.
Wednesday the Dow closed down -620.71 (-1.21%) at 50,687.07.
Year-to-date the Dow is up +5.46%.
Wednesday, (9) Dow stocks were up, none made 52-week lows, and (3) made 52-week highs.
The Dow stock winners Wednesday were led by Cisco (CSCO) 128.00 (+5.62%), Caterpillar (CAT) 909.81 (+5.14%) and Apple (AAPL) 315.20 (+2.74%).
The Dow stock losers Wednesday were led by Nike (NKE) 43.73 (-4.79%), Salesforce (CRM) 200.84 (-4.36%) and Microsoft (MSFT) 441.31 (-5.17%).
The VIX closed Wednesday at 16.06 (+1.84%) and the 10 YR at 4.506 (-0.02%). The VIX is currently at 16.38 (+1.99%). The 10YR is at 4.480 (-0.60%).
Initial jobless claims hit their highest level since early February last week, the Labor Department reported Thursday. First-time filings totaled 225,000 for the week ending May 30, up 13,000 from the prior period and higher than the Dow Jones consensus estimate for 215,000. The week marked the highest level for claims since Feb. 7. In other economic news, productivity rose 0.3% in the first quarter, below the 0.5% forecast, while unit labor costs increased 1.8%, below the 2.4% estimate, according to the Bureau of Labor Statistics.
SpaceX set its IPO prices at $135 per share, valuing the company at more than $1.75 trillion.
U.S. futures are mixed, European stocks are mostly higher and Asian markets ended lower.
The national average price of gasoline is down 2.0 cents at $4.241 per gallon.
Earnings Reports
Nike (NKE) reports earnings on 6/30/26 after the market close.
Today’s Featured Dow Stock
Apple (AAPL) 310.26 (-0.43%) is up +14.12% in 2026.
Financial Calendar
07:30 AM ET Challenger Job Cuts (YoY), -20.9%
08:30 AM ET Continuing Jobless Claims, 1,780K, 1,786K
08:30 AM ET FOMC Member Barkin Speaks
08:30 AM ET Initial Jobless Claims, 211K, 215K
08:30 AM ET Jobless Claims 4-Week Avg., 209.00K
08:30 AM ET Nonfarm Productivity (QoQ) (Q1), 0.8%, 0.8%
08:30 AM ET Unit Labor Costs (QoQ) (Q1), 2.3%, 2.3%
10:30 AM ET Natural Gas Storage, 92B
11:30 AM ET 4-Week Bill Auction, 3.630%
11:30 AM ET 8-Week Bill Auction, 3.615%
13:10 AM ET FOMC Member Daly Speaks

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