There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.
Friday the Dow closed down -185.46 (-1.19%) at 15,451.09..
Year-to-date the Dow is up +17.91%..
This morning we have Goldman Sachs (GS), Nike (NKE) and Visa (V) in the Dow 30. Alcoa (AA), Bank of America (BAC) and Hewlett-Packard (HPQ) are gone from the Dow 30.
General Electricâ€™s struggling power-turbine business received a boost when it signed a $1.9 billion contract to provide turbines for six power plants in Algeria. Recession has hit power demand in developed countries, so GEâ€™s expansion into emerging markets is crucial.
European markets are mixed and Asian markets ended mixed.
The national average price of gasoline is down 1.9 cents since Friday to $3.472 per gallon.
There are no Dow stocks expected to report earnings soon.
Earnings reports from Friday include:
There were no earnings of note on Friday.
Other stocks expected to report earnings today include:
Red Hat, Inc. (RHT) is expected to report EPS of $0.33 on revenue of $372.11 million, compared to last yearâ€™s EPS of $0.28 on revenue of $322.60 million.
Today’s Featured Dow Stock
International Business Machines Co. (IBM).
International Business Machines Co. (IBM) is down -0.80% year-to-date.
0830 ET Aug Chicago Fed National Activity Index expected +0.10 to -0.05, July -0.15.
0920 ET Atlanta Fed President Dennis Lockhart speaks at the Bluin Creative Leadership Summit at the Metropolitan Club in New York.
0930 ET New York Fed President William Dudley speaks to the Fordham Wall Street Council at the Fordham University Graduate School of Business Administration.
1100 ET USDA weekly grain export inspections.
1330 ET Dallas Fed President Richard Fisher speaks at the Independent Bankers Association of Texas Annual Convention on banking conditions in Texas and the U.S. and comments on Too Big to Fail.
1500 ET USDA Aug Cold Storage.
1600 ET USDA Crop Progress.