The Dow Market Happenings For Tuesday, October 21, 2014

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include International Business Machines (IBM).

The Market

Premarket today, the Dow was indicated to open up +57 points.

Monday, the Dow closed up +19.26 (+0.12%) at 16,399.67.

Year-to-date the Dow is down -1.07%.

There were 6 Dow stock losers Monday.

Dow stock winners Monday included Disney (DIS) +2.02% and Nike (NKE) +1.97%.

Dow stock losers Monday included International Business Machines (IBM) -7.11% and Cisco (CSCO) -1.38%.

Verizon (VZ) reported Q3 EPS of 89 cents, less than consensus of 90 cents.

Coca Cola (KO) reported Q3 EPS of 53 cents, beating consensus of 52 cents.

McDonald’s (MCD) reported Q3 EPS of $1.09 less than consensus of $1.37.

Apple (AAPL) climbed more than 2% in after-hours trading after it reported Q4 EPS of $1.42, well ahead of consensus of $1.31.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down six-tenths of a cent at $3.094 per gallon. Monday at the local Gig Harbor Costco, regular gas was $2.96 a gallon. Hope it keeps rolling back.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings on 10/14/14 before the market open.

JPMorgan (JPM) will report earnings on 10/14/14 before the market open.

Intel (INTC) will report earnings on 10/14/14 after the market close.

American Express (AXP) reports earnings on 10/15/14 after the market close.

Goldman Sachs (GS) will report earnings on 10/16/14 before the market open.

United Health (UNH) will report earnings on 10/16/14 before the market open.

International Business Machines (IBM) will report earnings on 10/16/14 after the market close.

General Electric (GE) will report earnings on 10/17/14 before the market open.

Coca Cola (KO) will report earnings on 10/21/14 before the market open.

McDonald’s (MCD) will report earnings on 10/21/14 before the market open.

Travelers (TRV) will report earnings on 10/21/14 before the market open.

United Technologies (UTX) will report earnings on 10/21/14 before the market open.

Verizon (VZ) will report earnings on 10/21/14 before the market open.

Boeing will report earnings on 10/22/14 before the market open.

AT&T (T) will report earnings on 10/22/14 after the market close.

3M (MMM) will report earnings on 10/23/14 before the market open.

Caterpillar (CAT) will report earnings on 10/23/14 before the market open.

Microsoft (MSFT) will report earnings on 10/23/14 after the market close.

Procter & Gamble (PG) will report earnings on 10/24/14 before the market open.

Merck (MRK will report earnings on 10/27/14 before the market open.

Dupont (DD) will report earnings on 10/28/14 before the market open.

Pfizer (PFE) will report earnings on 10/28/14 before the market open.

Visa (V) will report earnings on 10/29/14 after the market close.

Exxon Mobil will report earnings on 10/31/14 before the market open.

Notable earnings reports from Monday include:

Apple Inc. (AAPL) reported fourth quarter EPS of $1.42 on revenue of $42.12 billion, compared to last year’s EPS of $1.18 on revenue of $37.47 billion.

Chipotle Mexican Grill, Inc. (CMG) reported third quarter EPS of $4.15 on revenue of $1.08 billion, compared to last year’s EPS of $2.66 on revenue of $826.91 million.

Halliburton Company (HAL) reported third quarter EPS of $1.19 on revenue of $8.70 billion, compared to last year’s EPS of $0.83 on revenue of $7.47 billion.

International Business Machines Corp. (IBM) reported third quarter EPS of $3.68 on revenue of $22.40 billion, compared to last year’s EPS of $3.99 on revenue of $23.72 billion.

Stocks reporting earnings today include:

The Coca-Cola Company (KO) is expected to report third quarter EPS of $0.53 on revenue of $12.12 billion, compared to last year’s EPS of $0.53 on revenue of $12.03 billion.

McDonald’s Corporation (MCD) is expected to report third quarter EPS of $1.38 on revenue of $7.19 billion, compared to last year’s EPS of $1.52 on revenue of $7.32 billion.

Verizon Communications Inc. (VZ) is expected to report third quarter EPS of $0.91 on revenue of $31.58 billion, compared to last year’s EPS of $0.77 on revenue of $30.28 billion.

Yahoo! Inc. (YHOO) is expected to report third quarter EPS of $0.30 on revenue of $1.04 billion, compared to last year’s EPS of $0.34 on revenue of $1.08 billion.

Today’s Featured Dow Stock

Wal-Mart Stores Inc. (WMT)

Wal-Mart Stores Inc. (WMT) is down -4.51% year-to-date.

Financial Calendar

1000 ET Sep existing home sales expected +1.0% to 5.10 million, Aug -1.8% to 5.05 million.

DJIA Market Happenings For Monday, October 20, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -130 points.

Friday, the Dow closed up +263.17 (+1.63%) at 16,380.41.

Year-to-date the Dow is down -1.18%. Nasdaq is at +2.0%, S&P 500 +2.1% and Russell 2000 -7.0%.

Last week the Dow lost -1.0%, Nasdaq -0.4%, S&P 500 -1.0% and Russell 2000 gained +2.8%.

There were no Dow stock losers Friday.

Dow stock winners Friday included United Health (UNH) +3.27%, American Express (AXP) +2.92%, Disney (DIS) +2.56% and Goldman Sachs (GS) +2.51%.

International Business Machines (IBM) reported Q3 EPS of $3.68, well below consensus of $4.32.

Looks like today’s Dow drop is due to IBM falling.

The Fed is set to hold its two-day policy meeting on October 28 and 29, where it is largely expected to finish its bond-buying program as scheduled.

European stocks are lower and Asian markets ended higher.

The national average price of gasoline over the weekend is down 4.4 cents at $3.100 per gallon. Friday at the local Gig Harbor Costco, regular gas was $2.99 a gallon. I really can’t remember when I last saw it that low.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings on 10/14/14 before the market open.

JPMorgan (JPM) will report earnings on 10/14/14 before the market open.

Intel (INTC) will report earnings on 10/14/14 after the market close.

American Express (AXP) reports earnings on 10/15/14 after the market close.

Goldman Sachs (GS) will report earnings on 10/16/14 before the market open.

United Health (UNH) will report earnings on 10/16/14 before the market open.

International Business Machines (IBM) will report earnings on 10/16/14 after the market close.

General Electric (GE) will report earnings on 10/17/14 before the market open.

Coca Cola (KO) will report earnings on 10/21/14 before the market open.

McDonald’s (MCD) will report earnings on 10/21/14 before the market open.

Travelers (TRV) will report earnings on 10/21/14 before the market open.

United Technologies (UTX) will report earnings on 10/21/14 before the market open.

Verizon (VZ) will report earnings on 10/21/14 before the market open.

Boeing will report earnings on 10/22/14 before the market open.

AT&T (T) will report earnings on 10/22/14 after the market close.

3M (MMM) will report earnings on 10/23/14 before the market open.

Caterpillar (CAT) will report earnings on 10/23/14 before the market open.

Microsoft (MSFT) will report earnings on 10/23/14 after the market close.

Procter & Gamble (PG) will report earnings on 10/24/14 before the market open.

Merck (MRK will report earnings on 10/27/14 before the market open.

Dupont (DD) will report earnings on 10/28/14 before the market open.

Pfizer (PFE) will report earnings on 10/28/14 before the market open.

Visa (V) will report earnings on 10/29/14 after the market close.

Notable earnings reports from Friday include:

General Electric Company (GE) reported third quarter EPS of $0.38 on revenue of $36.20 billion, compared to last year’s EPS of $0.40 on revenue of $35.73 billion.

Honeywell International Inc. (HON) reported third quarter EPS of $1.47 on revenue of $10.108 billion, compared to last year’s EPS of $1.24 on revenue of $9.65 billion.

Morgan Stanley (MS) reported third quarter EPS of $0.77 on revenue of $8.70 billion, compared to last year’s EPS of $0.50 on revenue of $8.10 billion.

SunTrust Banks, Inc. (STI) reported third quarter EPS of $0.81 on revenue of $2.03 billion, compared to last year’s EPS of $0.33 on revenue of $1.92 billion.

Stocks reporting earnings today include:

Apple Inc. (AAPL) is expected to report fourth quarter EPS of $1.31 on revenue of $39.85 billion, compared to last year’s EPS of $1.18 on revenue of $37.47 billion.

Chipotle Mexican Grill, Inc. (NYSE: CMG) is expected to report third quarter EPS of $3.84 on revenue of $1.06 billion, compared to last year’s EPS of $2.66 on revenue of $826.91 million.

Halliburton Company (HAL) is expected to report third quarter EPS of $1.10 on revenue of $8.53 billion, compared to last year’s EPS of $0.83 on revenue of $7.47 billion.

International Business Machines Corp. (IBM) is expected to report third quarter EPS of $4.32 on revenue of $23.37 billion, compared to last year’s EPS of $3.99 on revenue of $23.72 billion.

Today’s Featured Dow Stock

Visa Inc. (V)

Visa Inc. (V) is down -7.49% year-to-date.

Financial Calendar

1100 ET USDA weekly grain export inspections.

1600 ET USDA weekly crop progress.

The Dow Market Happenings For Friday, October 17, 2014

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Pfizer (PFE) and McDonald’s (MCD).

The Market

Premarket today, the Dow was indicated to open up +142 points.

Thursday, the Dow closed down -24.50 (-0.15%) at 16,117.24.

Year-to-date the Dow is down -2.77%.

There were 10 Dow stock winners Thursday.

Dow stock losers Thursday included Goldman Sachs (GS) -2.63% and Merck (MRK) -2.38%.

Dow stock winners Thursday included United Health (UNH) +3.93% and Nike (NKE) +2.18%.

General Electric (GE) reported Q3 EPS of 38 cents, better than consensus of 37 cents.

European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down 1.9 cents at $3.144 per gallon.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings om 10/14/14 before the market open.

JPMorgan (JPM) will report earnings om 10/14/14 before the market open.

Intel (INTC) will report earnings on 10/14/14 after the market close.

American Express (AXP) reports earnings on 10/15/14 after the market close.

Goldman Sachs (GS) will report earnings on 10/16/14 before the market open.

United Health (UNH) will report earnings on 10/16/14 before the market open.

International Business Machines (IBM) will report earnings on 10/16/14 after the market close.

General Electric (GE) will report earnings on 10/17/14 before the market open.

Coca Cola (KO) will report earnings on 10/21/14 before the market open.

McDonald’s (MCD) will report earnings on 10/21/14 before the market open.

Travelers (TRV) will report earnings on 10/21/14 before the market open.

United Technologies (UTX) will report earnings on 10/21/14 before the market open.

Verizon (VZ) will report earnings on 10/21/14 before the market open.

Boeing will report earnings on 10/22/14 before the market open.

AT&T (T) will report earnings on 10/22/14 after the market close.

3M (MMM) will report earnings on 10/23/14 before the market open.

Caterpillar (CAT) will report earnings on 10/23/14 before the market open.

Microsoft (MSFT) will report earnings on 10/23/14 after the market close.

Procter & Gamble (PG) will report earnings on 10/24/14 before the market open.

Merck (MRK will report earnings on 10/27/14 before the market open.

Dupont (DD) will report earnings on 10/28/14 before the market open.

Pfizer (PFE) will report earnings on 10/28/14 before the market open.

Visa (V) will report earnings on 10/29/14 after the market close.

Notable earnings reports from Thursday include:

UnitedHealth Group Inc. (UNH) reported third quarter EPS of $1.63 on revenue of $32.76 billion, compared to last year’s EPS of $1.52 on revenue of $30.62 billion.

Delta Air Lines, Inc. (DAL) reported third quarter EPS of $1.20 on revenue of $11.18 billion, compared to last year’s EPS of $1.41 on revenue of $10.49 billion.

Philip Morris International Inc. (PM) reported third quarter EPS of $1.39 on revenue of $21.30 billion, compared to last year’s EPS of $1.44 on revenue of $7.93 billion.

Schlumberger Limited (SLB) reported third quarter EPS of $1.49 on revenue of $12.65 billion, compared to last year’s EPS of $1.29 on revenue of $11.61 billion.

Stocks reporting earnings today include:

Bank of New York Mellon Corporation (BK) is expected to report third quarter EPS of $0.61 on revenue of $3.98 billion, compared to last year’s EPS of $0.60 on revenue of $3.76 billion.

Honeywell International Inc. (HON) is expected to report third quarter EPS of $1.41 on revenue of $10.06 billion, compared to last year’s EPS of $1.24 on revenue of $9.65 billion.

M&T Bank Corporation (MTB) is expected to report third quarter EPS of $1.98 on revenue of $1.13 billion, compared to last year’s EPS of $2.11 on revenue of $1.15 billion.

SunTrust Banks, Inc. (STI) is expected to report third quarter EPS of $0.81 on revenue of $2.07 billion, compared to last year’s EPS of $0.33 on revenue of $1.92 billion.

Today’s Featured Dow Stock

Verizon Communications Inc. (VZ)

Verizon Communications Inc. (VZ) is down -2.99% year-to-date.

Financial Calendar

0830 ET Fed Chair Janet Yellen speaks at a Boston Fed conference on inequality of economic opportunity in the U.S.

0830 ET Sep housing starts expected +5.4% to 1.008 million, Aug -14.4% to 956,000. Sep building permits expected +2.7% to 1.030 million, Aug -5.1% to 1.003 million.

0830 ET USDA weekly Export Sales.

0955 ET Preliminary U.S. Oct University of Michigan consumer confidence expected -0.6 to 84.0, Sep +2.1 to 84.6.

DJIA Market Happenings For Thursday, October 16, 2014

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Boeing (BA), Chevron (CVX), Pfizer (PFE), General Electric (GE), McDonald’s (MCD) and United Technologies (UTX).

The Market

Premarket today, the Dow was indicated to open down -210 points.

Wednesday, the Dow closed down -173.45 (-1.06%) at 16,141.74.

Year-to-date the Dow is down -2.62%.

There were 6 Dow stock winners Wednesday.

Dow stock losers Wednesday included JPMorgan (JPM) -4.24% and Wal-Mart (WMT) -3.57%.

Dow stock winners Wednesday included Johnson & Johnson (JNJ) +1.24% and Dupont (DD) +0.83%.

Yesterday, the Dow Jones industrial average plummeted by 460 points before staging a late rally to end with a loss of “only” 173 points.

Claims for jobless benefits fell to a 14-year low last week. The Labor Department reported today that initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 264,000, its lowest level since 2000. Economists had forecast claims rising to 290,000 for the week ended Oct. 11. The four-week moving average of claims fell 4,250 to 283,500, also its lowest level since 2000.

Wal-Mart Stores (WMT) cut its sales forecast this year and was cautious about its predictions for 2015, saying that economic improvement hasn’t been as rapid as originally expected, which in turn has created a difficult sales environment.

A second case of Ebola on U.S. soil has U.S. officials worried that there could be more cases reported in the coming days. On Wednesday, Amber Joy Vinson, a nurse charged with caring for a Liberian man who also had the disease, was identified as the second case of Ebola transmitted on U.S. soil. Vinson took a flight to and from Cleveland, Ohio, after being infected, making the possibility of further spread more likely.

American Express (AXP) reported Q3 EPS of $1.40, higher than consensus of $1.36.

Goldman Sachs (GS) reported Q3 EPS of $4.57, well above consensus of $3.21.

UnitedHealth Group (UNH) reported Q3 EPS of $1.63, higher than consensus of $1.53.

European stocks are lower and Asian markets ended lower.

The national average price of gasoline is down 1.4 cents at $3.163 per gallon.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings om 10/14/14 before the market open.

JPMorgan (JPM) will report earnings om 10/14/14 before the market open.

Intel (INTC) will report earnings on 10/14/14 after the market close.

American Express (AXP) reports earnings on 10/15/14 after the market close.

Goldman Sachs (GS) will report earnings on 10/16/14 before the market open.

United Health (UNH) will report earnings on 10/16/14 before the market open.

International Business Machines (IBM) will report earnings on 10/16/14 after the market close.

General Electric (GE) will report earnings on 10/17/14 before the market open.

Coca Cola (KO) will report earnings on 10/21/14 before the market open.

McDonald’s (MCD) will report earnings on 10/21/14 before the market open.

Travelers (TRV) will report earnings on 10/21/14 before the market open.

United Technologies (UTX) will report earnings on 10/21/14 before the market open.

Verizon (VZ) will report earnings on 10/21/14 before the market open.

Boeing will report earnings on 10/22/14 before the market open.

AT&T (T) will report earnings on 10/22/14 after the market close.

3M (MMM) will report earnings on 10/23/14 before the market open.

Caterpillar (CAT) will report earnings on 10/23/14 before the market open.

Microsoft (MSFT) will report earnings on 10/23/14 after the market close.

Procter & Gamble (PG) will report earnings on 10/24/14 before the market open.

Merck (MRK will report earnings on 10/27/14 before the market open.

Dupont (DD) will report earnings on 10/28/14 before the market open.

Pfizer (PFE) will report earnings on 10/28/14 before the market open.

Notable earnings reports from Wednesday include:

Bank of America Corp (BAC) reported third quarter EPS of $0.42 on revenue of $21.23 billion, compared to last year’s loss of $0.20 on revenue of $21.53 billion.

eBay Inc (EBAY) reported third quarter EPS of $0.68 on revenue of $4.35 billion, compared to last year’s EPS of $0.64 on revenue of $3.89 billion.

Netflix, Inc. (NFLX) reported third quarter EPS of $0.96 on revenue of $1.41 billion, compared to last year’s EPS of $0.52 on revenue of $1.11 billion.

PNC Financial Services Group Inc (PNC) reported third quarter EPS of $1.79 on revenue of $3.84 billion, compared to last year’s EPS of $1.79 on revenue of $3.92 billion.

Stocks reporting earnings today include:

International Business Machines Corp. (IBM) is expected to report third quarter EPS of $4.32 on revenue of $23.41 billion, compared to last year’s EPS of $3.99 on revenue of $23.72 billion.

UnitedHealth Group Inc. (UNH) is expected to report third quarter EPS of $1.53 on revenue of $32.76 billion, compared to last year’s EPS of $1.52 on revenue of $30.62 billion.

Delta Air Lines. Inc. (DAL) is expected to report third quarter EPS of $1.18 on revenue of $11.12 billion, compared to last year’s EPS of $1.41 on revenue of $10.49 billion.

Schlumberger Limited (SLB) is expected to report third quarter EPS of $1.46 on revenue of $12.64 billion, compared to last year’s EPS of $1.29 on revenue of $11.61 billion.

Today’s Featured Dow Stock

UnitedHealth Group Inc. (UNH)

UnitedHealth Group Inc. (UNH) is up +9.11% year-to-date.

Financial Calendar

0800 ET Philadelphia Fed President Charles Plosser speaks on the economic outlook to the Lehigh Valley Economic Development Group.

0830 ET Weekly initial unemployment claims expected +3,000 to 290,000, previous -1,000 to 287,000. Weekly continuing claims expected -1,000 to 2.380 million, previous -21,000 to 2.381 million.

0900 ET Atlanta Fed President Dennis Lockhart speaks at a conference at Rutgers University on Transforming U.S. Workforce Development Policies for the 21st Century.

0915 ET Sep industrial production expected +0.4% m/m, Aug -0.1% m/m. Sep manufacturing production expected +0.3% m/m, Aug -0.4% m/m. Sep capacity utilization expected +0.2 to 79.0%, Aug -0.3 to 78.8%.

1000 ET Minneapolis Fed President Narayana Kocherlakota delivers a speech titled Clarifying the Objectives of Monetary Policy at an event in Billings, MT.

1000 ET Oct Philadelphia Fed manufacturing index expected -2.8 to 19.7, Sep -5.5 to 22.5.

1000 ET Oct NAHB housing market index expected unch at 59, Sep +4 to 59.

1100 ET EIA Weekly Petroleum Status Report.

1100 ET Treasury announces amount of 30-year TIPS to be auctioned Oct 23.

The Dow Market Happenings For Wednesday, October 15, 2014

There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Chevron (CVX).

The Market

Premarket today, the Dow was indicated to open down -140 points.

Monday, the Dow closed down -5.88 (-0.04%) at 16,315.19.

Year-to-date the Dow is down -1.58%.

There were 17 Dow stock winners Tuesday.

Dow stock losers Monday included Johnson & Johnson (JNJ) -2.13% and Chevron (CVX) -2.01%.

Dow stock winners Tuesday included Boeing (BA) +1.53% and Caterpillar (CAT) +1.22%.

Intel (INTC) was up 3% in after-hours trade after it reported Q3 EPS of 66 cents, higher than consensus of 65 cents, and said it sees Q4 revenue of $14.7 billion, plus or minus $500 million, which is better than consensus of $14.49 billion.

Intel (INTC) was downgraded to ‘Underweight’ from ‘Equal Weight’ at Morgan Stanley.

JPMorgan Chase (JPM) was upgraded to ‘Buy’ from ‘Hold’ at Argus with a price target of $65.

Bank of America (BAC) reported Q3 EPS of 40 cents, higher than consensus of 32 cents.

European stocks are mostly lower and Asian markets ended mostly higher.

The national average price of gasoline is down nine-tenths of a cent at $3.177 per gallon.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings om 10/14/14 before the market open.

JPMorgan (JPM) will report earnings om 10/14/14 before the market open.

Intel (INTC) will report earnings on 10/14/14 after the market close.

American Express (AXP) reports earnings on 10/15/14 after the market close.

Goldman Sachs (GS) will report earnings on 10/16/14 before the market open.

United Health (UNH) will report earnings on 10/16/14 before the market open.

International Business Machines (IBM) will report earnings on 10/16/14 after the market close.

General Electric (GE) will report earnings on 10/17/14 before the market open.

Coca Cola (KO) will report earnings on 10/21/14 before the market open.

McDonald’s (MCD) will report earnings on 10/21/14 before the market open.

Travelers (TRV) will report earnings on 10/21/14 before the market open.

United Technologies (UTX) will report earnings on 10/21/14 before the market open.

Verizon (VZ) will report earnings on 10/21/14 before the market open.

Boeing will report earnings on 10/22/14 before the market open.

AT&T (T) will report earnings on 10/22/14 after the market close.

3M (MMM) will report earnings on 10/23/14 before the market open.

Caterpillar (CAT) will report earnings on 10/23/14 before the market open.

Microsoft (MSFT) will report earnings on 10/23/14 after the market close.

Merck (MRK will report earnings on 10/27/14 before the market open.

Notable earnings reports from Tuesday include:

Intel Corporation (INTC) reported third quarter EPS of $0.66 on revenue of $14.60 billion, compared to last year’s EPS of $0.58 on revenue of $13.48 billion.

JPMorgan Chase & Co. (JPM) reported third quarter EPS of $1.36 on revenue of $24.25 billion, compared to last year’s loss of $0.17 on revenue of $23.88 billion.

Citigroup Inc (C) reported third quarter EPS of $1.15 on revenue of $19.98 billion, compared to last year’s EPS of $1.00 on revenue of $18.22 billion.

CSX Corporation (CSX)reported third quarter EPS of $0.51 on revenue of $3.20 billion, compared to last year’s EPS of $0.46 on revenue of $3.00 billion.

Stocks reporting earnings today include:

Bank of America Corp (BAC) is expected to report a third quarter loss of $0.09 on revenue of $21.36 billion, compared to last year’s loss of $0.20 on revenue of $21.53 billion.

eBay Inc (EBAY) is expected to report third quarter EPS of $0.67 on revenue of $4.37 billion, compared to last year’s EPS of $0.64 on revenue of $3.89 billion.

Netflix, Inc. (NFLX) is expected to report third quarter EPS of $0.93 on revenue of $1.41 billion, compared to last year’s EPS of $0.52 on revenue of $1.11 billion.

PNC Financial Services Group Inc (PNC) is expected to report third quarter EPS of $1.71 on revenue of $3.80 billion, compared to last year’s EPS of $1.79 on revenue of $3.92 billion.

Today’s Featured Dow Stock

United Technologies Corp. (UTX)

United Technologies Corp. (UTX) is down -12.02% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous +3.8% with purchase sub-index +2.4% and refi sub-index +5.0%.

0830 ET Sep retail sales expected -0.2% and +0.2% ex autos, Aug +0.6% and +0.3% ex autos.

0830 ET Oct Empire manufacturing index expected -6.84 to 20.70, Sep +12.85 to 27.54.

0830 ET Sep PPI final demand expected +0.1% m/m and +1.8% y/y, Aug unch m/m and +1.8% y/y. Sep PPI final demand ex food & energy expected +0.1% m/m and +1.7% y/y, Aug +0.1% m/m and +1.8% y/y.

1000 ET Aug business inventories expected +0.4%, Jul +0.4%.

1400 ET Fed Beige Book.

1400 ET Sep monthly budget statement expected $86 billion, previous $75.1 billion.