The Dow Market Happenings For Monday, February 2, 2015

Once again 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 up +27 points.

Friday, the Dow closed down -251.90 (-1.45%) at 17,164.95.

Year-to-date the Dow is down -3.69%.

There was 1 Dow stock up Friday.

The Dow stock winner Friday was Visa (V) +2.79%.

Dow stock losers Friday were led by Microsoft (MSFT) -3.83% and Intel (INTC) -3.42%.

JPMorgan Chase reported a 6.5% passive stake in Brandywine Realty (BDN).

We get the Jobs Report this Friday.

European stocks are mixed and Asian markets ended mostly lower.

The national average price of gasoline is unchanged at $2.056 per gallon.

Earnings Reports.

Exxon Mobil (XOM) will report earnings on 2/2/2015 before the market open.

Disney will report earnings on 2/3/2015 after the market close.

Merck (MRK) will report earnings on 2/4/2015 before the market open.

Coca Cola will report earnings on 2/10/2015 before the market open.

Today’s Featured Dow Stock

E I du Pont de Nemours and Co. (DD)

E I du Pont de Nemours and Co. (DD) is down -3.69% year-to-date.

Financial Calendar

0830 ET Dec personal spending expected -0.2% m/m, Nov +0.6%. Dec personal income expected +0.2% m/m, Nov +0.4%.

0830 ET Dec PCE deflator expected -0.3% m/m and +0.8% y/y, Nov -0.2% m/m and +1.2% y/y. Dec PCE core deflator expected unch m/m and +1.3% y/y, Nov unch m/m and +1.4% y/y.

0945 ET Final Jan Markit manufacturing PMI, previous -0.2 to 53.7.

1000 ET Dec construction spending expected +0.7% m/m, Nov -0.3%.

1000 ET Jan ISM manufacturing index expected -0.8 to 54.7, Dec -3.2 to 55.5. Jan ISM new orders sub-index, Dec -8.7 to 57.3. Jan ISM employment sub-index, Dec +1.9 to 56.8. Jan ISM prices paid sub index expected +1.5 to 40.0, Dec -6.0 to 38.5.

1100 ET USDA weekly grain export inspections.

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