There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Friday the Dow closed down -72.81 (-0.47%) at 15,425.51.

This morning the Dow was indicated to open down -60 points.

Last week DJIA was down -1.5%, Nasdaq -0.8%, S&P 500 -1.1% and Russell 2000 -1.1%.

Year-to-date DJIA is up +17.7%, Nasdaq +21.2%, S&P 500 +18.6% and Russell 2000 +23.4%.

US markets were down last week and appear ready to continue down this morning.

Japan’s economy grew 2.6 percent in the second quarter from a year ago, much worse than the forecast of 3.6 percent and below the downwardly revised prior reading of 3.8 percent. However, inflation was reported as higher than expected in the release.

It’s August and there’s just not much relevant news.

European markets are lower and Asian markets ended mostly higher.

The national average price of gasoline is down six-tenths of a cent to $3.549 per gallon.

Earnings Reports

Disney (DIS) reports earnings on 8/6/2013 after the market close.

Cisco Systems (CSCO) reports earnings on 8/14/2013 after the close.

Wal-Mart Stores Inc. (WMT) reports earnings on 8/15/2013 before the market open.

Home Depot reports earnings on 8/20/2013 before the market open.

Hewlett-Packard reports earnings on 8/21/2013 after the market close.

Earnings reports from Friday include:

Brookfield Asset Management (BAM) reported second quarter EPS of $0.68 vs. $0.40 expected on revenue of $5.17 billion vs. $4.66 billion expected.

James River Coal Company (JRCC) reported a second quarter loss of $1.04 vs. a loss of $1.33 per share expected.

Ebix (EBIX) reported second quarter EPS of $0.35 vs. $0.32 expected on revenue of $51.0 million vs. $52.0 million.

Health Management Associates (HMA) reported second quarter EPS of $0.07 vs. $0.16 expected on revenue of $1.46 billion vs. $1.7 billion expected.

Tutor Perini Corp. (TPC) reported second quarter EPS of $0.32 vs. $0.37 expected on revenue of $1.05 billion vs. $1.07 billion expected.

Other stocks expected to report earnings today include:

Sysco (SYY) is expected to report fourth quarter EPS of $0.55 vs. $0.55 a year ago on revenue of $11.62 billion vs. $11.05 billion a year ago.

InterOil (IOC) is expected to report a second quarter loss of $0.07 per share vs. a loss of $0.66 per share a year ago on revenue of $261.35 million vs. $299.1 million a year ago.

Buckeye Technologies (BKI) is expected to report fourth quarter EPS of $0.56 vs. $0.66 a year ago on revenue of $197.69 million vs. $224.94 million a year ago.

NQ Mobile (NQ) is expected to report second quarter EPS of $0.20 vs. $0.14 a year ago on revenue of $39.34 million vs. $19.96 million a year ago.

International Business Machines Co. (IBM).

International Business Machines Co. (IBM) is down -1.95% year-to-date.

Financial Calendar

1100 ET USDA weekly grain export inspections.

1200 ET Aug WASDE crop production report.

1400 ET July monthly budget statement expected -$90.0 billion, Jun +$116.5 billion.

1600 ET USDA Crop Progress.