Dow stocks at new 52 week highs include Boeing (BA), Disney (DIS), General Electric (GE), Pfizer (PFE), Procter & Gamble (PG) and Nike (NKE). There are no Dow stock 52 week lows.
Friday the Dow closed up +85.48 (+0.54%) at 15,913.45.
Premarket, the Dow was indicated to open +45 points.
UPDATE: The Dow crosses 16,000 at the open.
Last week the Dow was up +1.3%, Nasdaq +1.7%, S&P 500 +1.6% and Russell 2000 +1.5%.
Year-to-date the Dow is up +21.8%, Nasdaq +32.0%, S&P 500 +26.1% and Russell 2000 +31.4%
Boeing (BA) shares are up +3% in premarket trading after it secured new plane orders from Etihad Airways PJSC for its new 777X wide-body planes as well as for more 787 Dreamliners on the first day of the DUbai Air Show.
Microsoft (MSFT) was downgraded to ‘Underperform’ from ‘Neutral’ at BofA/Merrill.
European stocks are higher and Asian stocks ended higher.
The national average price of gasoline is up nine-tenths of a cent over the weekend to $3.208 per gallon.
Home Depot (HD) will report earnings Tuesday 11/19/13 before the market open.
Earnings reports from Friday include:
There were no companies of note to report earnings Friday.
Other stocks expected to report earnings today include:
Salesforce.com Inc (CRM) is expected to report third quarter EPS of $0.09 on revenue of $1.05 billion, compared to last yearâ€™s EPS of $0.08 on revenue of $788.40 million.
Tyson Foods Inc. (TSN) is expected to report fourth quarter EPS of $0.69 on revenue of $8.89 billion, compared to last yearâ€™s EPS of $0.55 on revenue of $8.37 billion.
UGI Corporation (UGI) is expected to report a fourth quarter loss of $0.06 per share on revenue of $1.21 billion, compared to last yearâ€™s loss of $0.09 per share on revenue of $1.13 billion.
Today’s Featured Dow Stock
United Technologies Corp. (UTX) is up 32.41% year-to-date.
1000 ET Nov NAHB housing market index expected unchanged at 55, Oct -2 to 55.
1100 ET USDA weekly grain export inspections.
1215 ET New York Fed President William Dudley speaks at Queens College in Flushing, NY.
1330 ET Philadelphia Fed President Charles Plosser speaks on the economic outlook at the Risk Management Associations annual conference.
1600 ET USDA Crop Progress.