There are no Dow stocks hitting 52-week highs. There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to open down -258 points.

Thursday the Dow closed up +75.14 (+0.23%) at 32,105.25.

Year-to-date the Dow is down -3.14%.

Wednesday, no Dow stocks were up, none were at 52-week lows and none were at 52-week highs.

The Dow stock winners Thursday were led by Intel (INTC) 29.03 (+3.20%), Microsoft (MSFT) 277.66 (+1.97%) and Amgen (AMGN) 233.10 (+1.42%).

The Dow stock losers Thursday were led by Travelers (TRV) 163.86 (-1.66%), UnitedHealth (UNH) 469.91 (-1.18%) and Chevron (CVX) 154.52 (-0.99%).

The VIX closed Thursday at 22.61(+1.57%). The VIX is currently at 24.07(+6.46%). The 10YR is at 3.292.

We have a new upheaval in the global banking system. Shares of Deutsche Bank, which experienced a sharp rise in credit default swaps, weighed on European markets. U.S. futures showed the same strain Friday morning. Elsewhere, Treasury Secretary Janet Yellen played a little cleanup Thursday after she said the government wasn’t considering a universal backstop of all U.S. deposits the day before. “The strong actions we have taken ensure that Americans’ deposits are safe. Certainly, we would be prepared to take additional actions if warranted,” she told lawmakers Thursday.

Investor pessimism in the latest weekly survey from the American Association of Individual Investors edged closer to 50%, rising to 48.9% of those polled from 48.4% last week. Bullish opinion improved to 20.9% from 19.2%, while neutral sentiment narrowed to 30.2% from 32.4%.

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

The national average price of gasoline is up three-tenths of a cent at $3.441 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/23 after the market close with $0.79, beating estimates of $0.519 per share.

Walgreens (WBA) reports earnings on 3/28/23 before the market open.

Today’s Featured Dow Stock

Chevron (CVX)

Chevron (CVX) 154.52 (-0.99%) is down -13.91% in 2023.

Financial Calendar

08:30 AM ET Core Durable Goods Orders (MoM) (Feb), 0.2%, 0.8%
08:30 AM ET Durable Goods Orders (MoM) (Feb), 0.6%, -4.5%
08:30 AM ET Durables Excluding Defense (MoM) (Feb), -5.1%
08:30 AM ET Goods Orders Non Defense Ex Air (MoM) (Feb), 0.1%, 0.8%
09:30 AM ET FOMC Member Bullard Speaks
09:45 AM ET Manufacturing PMI (Mar), 47.0, 47.3
09:45 AM ET S&P Global Composite PMI (Mar), 47.5, 50.1
09:45 AM ET Services PMI (Mar), 50.5, 50.6
13:00 PM ET U.S. Baker Hughes Oil Rig Count, 589
13:00 PM ET U.S. Baker Hughes Total Rig Count, 754
16:30 PM ET CFTC Aluminium speculative net positions, 5.1K
16:30 PM ET CFTC Copper speculative net positions, -7.7K
16:30 PM ET CFTC Corn speculative net positions, 103.3K
16:30 PM ET CFTC Crude Oil speculative net positions, 206.9K
16:30 PM ET CFTC Gold speculative net positions, 98.5K
16:30 PM ET CFTC Nasdaq 100 speculative net positions, -12.4K
16:30 PM ET CFTC Natural Gas speculative net positions, -156.4K
16:30 PM ET CFTC S&P 500 speculative net positions, -209.5K
16:30 PM ET CFTC Silver speculative net positions, -7.8K
16:30 PM ET CFTC Soybeans speculative net positions, 180.2K
16:30 PM ET CFTC Wheat speculative net positions, -73.3K