The Dow Market Happenings For Monday, March 30, 2015

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 up +140 points.

Friday, the Dow was up +34.43 (+0.19%) at 17,712.66.

Year-to-date the Dow is down -0.62%. Also, year-to-date, Nasdaq is +3.3%, S&P 500 +0.1% and Russell 2000 +3.0%

Last week The Dow was down -2.3%, Nasdaq -2.7%, S&P 500 -2.2% and Russell 2000 -2.0%.

There were 18 Dow stocks up Friday.

Dow stock winners Friday were led by Intel (INTC) +6.38% and UnitedHealth (UNH) +1.51%.

The Dow stock losers Friday was Chevron (CVX) -0.92% and Exxon Mobil (XOM) -0.88%.

UnitedHealth (UNH) will buy Catamaran for $61.50 per share, or $12.8 billion. The offer, which would be UnitedHealth’s largest purchase ever, is 27 percent more than Catamaran’s closing share price of $48.32 on Friday.

Nike (NKE) was upgraded to ‘Outperform’ from ‘Neutral’ at RW Baird.

Barclays upgraded Analog Devices (ADI) to ‘Overweight’ from ‘Equal Weight’ saying it believes the chip maker has secured multiple socket wins in Apple’s (AAPL) iPhone and iPad.

European stocks are higher and Asian markets ended higher.

The national average price of gasoline is down two-tenths of a cent at $2.420 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) is up +3.48% year-to-date.

Financial Calendar

0830 ET Feb personal spending expected +0.2%, Jan -0.2%. Feb personal income expected +0.3%, Jan +0.3%.

0830 ET Feb PCE deflator expected +0.2% m/m and +0.3% y/y, Jan -0.5% m/m and +0.2% y/y. Feb core PCE deflator expected +0.1% m/m and +1.3% y/y, Jan +0.1% m/m and +1.3% y/y.

1000 ET Feb pending home sales expected +0.4% m/m and +8.7% y/y, Jan +1.7% m/m and +6.5% y/y.

1030 ET Mar Dallas Fed manufacturing activity expected +2.2 to -9.0, Feb -6.8 to -11.2.

1100 ET USDA weekly grain export inspections.

1915 ET Fed Vice Chairman Stanley Fischer delivers keynote address at the Atlanta Feds conference on Central Banking in the Shadows: Monetary Policy and Financial Stability Post Crisis.

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