Dow stocks at 52 week highs include Boeing (BA), Dupont (DD), 3M (MMM) and United Technologies (UTX). There are no Dow stock 52 week lows.
The Market
Thursday the Dow closed down -40.39 (-0.26%) at 15,636.55.
Year-to-date the Dow is up +19.33%..
This morning the Dow was indicated to open down -19 points.
There is no Dow stock news this morning. The only excitement is with Appl and their new iPhone and the pending government shut-down, debt-ceiling debacle.
European markets are lower and Asian markets ended mixed with Hong Kong on holiday..
The national average price of gasoline is down three–tenths of a cent to $3.491 per gallon.
Earnings Reports
There are no Dow stocks expected to report earnings soon.
Earnings reports from Thursday include:
ConAgra Foods, Inc. (CAG) reported EPS of $0.37 on revenue of $4.20 billion, compared to last year’s EPS of $0.44 on revenue of $3.31 billion.
IHS Inc. (IHS) reported EPS of $1.27 on revenue of $480.30 million, compared to last year’s EPS of $0.99 on revenue of $385.61 million.
Pier 1 Imports, Inc. (PIR) reported EPS of $0.17 on revenue of $395.64 million, compared to last year’s EPS of $0.19 on revenue of $367.62 million.
Rite Aid Corporation (RAD) reported a loss of $0.04 per share on revenue of $6.30 billion, compared to last year’s loss of $0.05 per share on revenue of $6.23 billion.
Other stocks expected to report earnings today include:
There are no stocks of note reporting earnings today.
Today’s Featured Dow Stock
Intel Corp. (INTC) is up 15.98% year-to-date.
Financial Calendar
1230 ET Kansas City Fed President Esther George speaks on the economy at the Manhattan Institute for Policy Research.
1255 ET St. Louis Fed President James Bullard speaks on the U.S. economy and monetary policy at the New York Association for Business Economics luncheon.
1345 ET Minneapolis Fed President Narayana Kocherlakota delivers a speech at the Conference on Extracting and Understanding the Risk Neutral Probability Density from Options Prices.
1500 ET Aug Cattle on Feed.