Dow stocks at 52 week highs include American Express (AXP), 3M (MMM), Chevron (CVX) and Boeing (BA). There are no Dow stock 52 week lows.
Tuesday the Dow closed up +106..29 (+0.69%) at 15,409.39.
This morning the Dow was indicated to open down -75 points.
The International Monetary Fund cut the growth forecast for China, the world’s No. 2 economy. The IMF raised concerns about a rapid expansion in credit there and the ability of borrowers to repay the loans.
The S&P/Case-Shiller Index showed Tuesday that housing prices rose 10.2% during the first quarter, the biggest increase since 2007.
Year-to-date the Dow is up +17.59%.
European markets are down and Asian markets ended mixed.
The national average price of gasoline is down five-tenths of a cent to $3.621 per gallon.
There are no Dow stocks on the horizon set to report earnings.
Other stocks expected to report earnings today include:
The Bank of Montreal (BMO) – Second quarter EPS expectations of $1.50 vs. $1.44 a year ago.
Dollar General (DG) – First quarter EPS expectations of $0.71 vs. $0.63 a year ago.
DSW Inc. (DSW) – Frst quarter EPS expectations of $0.90 vs. $0.98 a year ago.
Michael Kors Holdings (KORS) – Fourth quarter EPS expectations of $0.39 vs. $0.22 a year ago.
The Fresh Market (TFM) – First quarter EPS expectations of $0.44 vs. $0.40 a year ago.
0700 ET Weekly MBA mortgage applications, previous -9.8% with purchase sub-index -3.0% and the refi sub-index 11.7%.
1300 ET Boston Fed President Eric Rosengren speaks on the economic outlook to the Economic Club of Minnesota.
1300 ET Treasury auctions $35 billion of 5-year T-notes.
1630 ET API weekly U.S. oil statistics.