DJIA Market Happenings For Tuesday, March 31, 2015

Dow stocks at 52 week highs include (UnitedHealth (UNH) +19.70% year-to-date. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -84 points.

Monday, the Dow was up +263.65 (+1.49%) at 17,976.31.

Year-to-date the Dow is up +0.86%.

There were 28 Dow stocks up Monday.

Dow stock winners Monday were led by Boeing (BA) +2.59% and UnitedHealth (UNH) +2.53%.

The Dow stock losers Monday were Intel (INTC) -1.69% and Microsoft (MSFT) -0.02%.

Apple Inc.’s (AAPL) stock price target was bumped up to $142, which is 12% above Monday’s closing price, from $140 at RBC Capital, which said the technology giant’s sales and gross margins could beat expectations.

McDonald’s (MCD) is getting ready to test market its breakfast menu all-day long.

European stocks are lower and Asian markets mostly lower.

The national average price of gasoline is down six-tenths of a cent at $2.414 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Merck (MRK)

Merck (MRK) is up +2.73% year-to-date.

Financial Calendar

0800 ET Richmond Fed President Jeffrey Lacker speaks on the economic outlook at the Greater Richmond Chamber of Commerces Spring Regional Forum.

0850 ET Atlanta Fed President Dennis Lockhart delivers welcoming address at the Atlanta Feds financial markets conference.

0900 ET Cleveland Fed President Loretta Mester moderates a panel at the Atlanta Feds financial markets conference on the Future of Banks: Will Commercial Banks Remain Central to the Financial System?

0900 ET Mar Milwaukee ISM expected +1.18 to 51.50, Feb -1.28 to 50.32.

0900 ET Jan S&P/CaseShiller composite-20 home price index expected +0.7% m/m and +4.6% y/y, Dec +0.87% m/m and +4.46% y/y.

0945 ET Mar Chicago PMI expected +6.0 to 51.8, Feb -13.6 to 45.8.

1000 ET Mar consumer confidence index (Conference Board) expected unchanged at 96.4, Feb -7.4 to 96.4.

1200 ET USDA Q1 Quarterly Grain Stocks and prospective planting acreage.

1500 ET Kansas City Fed President Esther George speaks at the Council for Economic Education on the Update from the Fed.

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