7 Stocks you need to know for Wednesday

Disappointing sales numbers from Johnson & Johnson and Goldman Sachs being sacked by Meredith Whitney put a fast end to this week's market optimism. Gold climbed to a new record high and the dollar continued to experience weakness on the session. The DJIA closed down 14.74, the tech heavy Nasdaq

managed to gain 0.75, and the S&P 500 gave back 3.01.

Here are 7 stocks you need to know for Wednesday.

Abbott Labs (ABT | Quote | Chart | News | PowerRating) is focused on a fiscal third quarter 2009 EPS of 90 cents prior to the opening of trading.

51 cents/share is the expected third quarter 2009 EPS for Commerce Bancshares (CBSH | Quote | Chart | News | PowerRating) before the open on Wednesday morning.

Highly anticipated JP Morgan Chase (JPM | Quote | Chart | News | PowerRating) earnings will be revealed prior to trading with an expected EPS of 49 cents for the fiscal third quarter.

Progressive Corp (PGR | Quote | Chart | News | PowerRating) has analysts awaiting a third quarter 2009 EPS of 33 cents before the bell.

Goldman Sachs (GS | Quote | Chart | News | PowerRating) was downgraded by Meredith Whitney to "neutral".

Xilinx Inc (XLNX | Quote | Chart | News | PowerRating) has forecast a third quarter EPS of 21 cents after the close.

40 cents/share is the expected third quarter earnings for the WD-40 Company (WDFC | Quote | Chart | News | PowerRating) after the bell.