The Dow Market Happenings For Wednesday, February 25, 2015

Dow stocks at 52 week highs include Dupont (DD), Cisco (CSCO), Home Depot (HD), 3M (MMM), Visa (V) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open own -4 points.

Tuesday, the Dow was up +92.35 (+0.51%) at 18,209.19.

Year-to-date the Dow is up +2.17%.

There were 22 Dow stocks up Tuesday.

Dow stock winners Tuesday included Home Depot (HD) +3.98% and JPMorgan (JPM) +2.48

Dow stock losers Tuesday were led by UnitedHealth (UNH) -0.83% and Disney (DIS) -0.30%.

One time Dow stock, Hewlett-Packard (HPQ) dropped 7% in after-hours trading after it reported Q1 revenue of $26.8 billion, below consensus of $27.34 billion, and then lowered guidance on fiscal 2015 EPS view to $3.53-$3.73 from $3.83.-$4.03, well below consensus of $3.95.

European stocks are lower and Asian markets ended mostly lower.

The national average price of gasoline is up 1.6 cents at $2.328 per gallon.

Earnings Reports.

Home Depot (HD) reports earnings on 2/24/15 before the open.

Today’s Featured Dow Stock

Travelers Companies Inc. (TRV)

Travelers Companies Inc. (TRV) is up +1.61% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -13.2% with purchase sub-index -7.1% and refi sub-index 16.0%.

1000 ET Fed Chair Janet Yellen delivers semi-annual monetary policy testimony to House Financial Services Committee.

1000 ET Jan new home sales expected -2.3% to 470,000, Dec +11.6% to 481,000.

1030 ET EIA Weekly Petroleum Status Report.

1130 ET Treasury auctions $13 billion 2-year floating-rate notes.

1300 ET Treasury auctions $35 billion 5-year T-notes.

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