DJIA Market Happenings For Thursday, February 26, 2015

Dow stocks at 52 week highs include Disney (DIS), 3M (MMM) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -16 points.

Wednesday, the Dow was up +15.38 (+0.08%) at 18,224.57.

Year-to-date the Dow is up +2.25%.

There were 14 Dow stocks up Wednesday.

Dow stock winners Wednesday were led by McDonald’s (MCD +3.87% and General Electric (GE) +2.05%.

Dow stock losers Wednesday were led by Intel (INTC) -1.35% and International Business Machines (IBM) -1.23%.

McDonald’s (MCD) jumped Wednesday and is currently yielding about 3.6%.

European stocks are mostly higher and Asian markets ended higher.

The national average price of gasoline is up 1.5 cents at $2.343 per gallon.

Earnings Reports.

There are no Dow stocks set to report earnings in the near term.

Today’s Featured Dow Stock

United Technologies (UTX)

United Technologies (UTX) is up +7.28% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +7,000 to 290,000, previous -21,000 to 283,000. Weekly continuing claims expected -30,000 to 2.395 million, previous +58,000 to 2.425 million.

0830 ET Jan CPI expected -0.6% m/m and -0.1% y/y, Dec -0.4% m/m and +0.8% y/y. Jan CPI ex food & energy expected +0.1% m/m and +1.6% y/y, Dec unch and +1.6% y/y.

0830 ET Jan durable goods orders expected +1.6% and +0.5% ex transportation, Dec -3.3% and -0.8% ex transportation. Jan capital goods orders non-defense ex-aircraft expected +0.3%, Dec -0.1%.

0830 ET USDA weekly Export Sales.

0900 ET Dec FHFA house price index expected +0.5% m/m, Nov +0.8% m/m. Q4 FHFA house price purchase index, Q3 +0.90% q/q.

1100 ET Feb Kansas City Fed manufacturing activity expected unch at 3, Jan -5 to 3.

1300 ET Treasury auctions $29 billion 7-year T-notes.

1300 ET Atlanta Fed President Dennis Lockhart speaks on the U.S. economic outlook and monetary policy at the Atlanta Feds 2015 Banking Outlook Conference.

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