Dow stocks at 52 week highs include Boeing (BA). That’s it. There are no Dow stock 52 week lows.
The Market
Friday the Dow closed up +8.60 (+0.06%) at 15,303.10.
This morning the Dow was indicated to open up +135 points.
Last week the Dow had it’s first down week in awhile.
For the week DJIA was down -0.3%, Nasdaq -1.1%, S&P 500 -1.1% and Russell 2000 -1.2%.
Year-to-date DJIA is up +16.8%, Nasdaq +14.^, S&P 500 +15.7% and Russell 2000 +15.9%.
Hewlett-Packard Co. (HPQ) is still the Dow stock leader, sitting on a +69.89% gain year-to-date.
Last week, U.S. stocks snapped a four-week winning streak, as the prospect of life without Federal Reserve aid sank in.
Today investors are hanging hats on clear signs of policy support from Japanese and European central banks to drive world shares higher,
European markets are higher and Asian markets ended higher.
The national average price of gasoline is down 3.4 cents to $3.626 per gallon over the holiday weekend.
Earnings Reports
There are no Dow stocks on the horizon set to report earnings.
Note: Caterpillar is the worst performing Dow stock this year with a -3.79% loss year-to-date.
Financial Calendar
0900 ET Mar S&P/CaseShiller composite-20 home price index expected +1.00% m/m and +10.20% y/y, Feb +1.24% m/m and +9.32% y/y. Q1 S&P CaseShiller home price index, Q4 +7.33% y/y.
1000 ET May Richmond Fed manufacturing index expected +1 to -5, Apr -9 to -6.
1000 ET May U.S. consumer confidence (Conference Board) expected +2.8 to 70.9, Apr +6.2 to 68.1.
1100 ET USDA weekly grain export inspections.
1300 ET Treasury auctions $35 billion of 2-year T-notes.
1600 ET USDA Crop Progress.