Thee are no Dow stocks at new 52 week highs. There are no Dow stock 52 week lows.
The Market
Thursday the Dow closed down -68.26 (-0.43%) at 15,821.51.
Premarket, the Dow was indicated to open up +148 points.
Year-to-date the Dow is up +20.74%.
The Labor Department reported that the economy added 203,000 jobs in November, higher than the 183,000 estimated by economists. The unemployment rate dropped to 7.0% from 7.3%. It was expected to fall to 7.2%.
And of course, stocks are popping on the news.
European stocks are mostly higher and Asian stocks ended mostly lower.
The national average price of gasoline is up seven-tenths of a cent to $3.259 per gallon.
Earnings Reports.
Nike (NKE) is expected to report earnings on 12/19/13 after the market close.
Earnings reports from Thursday include:
Dollar General Corporation (DG) reported third quarter EPS of $0.72 on revenue of $4.38 billion, compared to last year’s EPS of $0.63 on revenue of $3.96 billion.
Kroger Company (KR) reported third quarter EPS of $0.53 on revenue of $22.50 billion, compared to last year’s EPS of $0.46 on revenue of $21.81 billion.
UTI Worldwide Inc. (UTIW) reported a third quarter loss of $0.09 per share on revenue of $1.15 billion, compared to last year’s EPS of $0.16 on revenue of $1.13 billion.
Other stocks expected to report earnings today include:
American Eagle Outfitters, Inc. (EO) is expected to report third quarter EPS of $0.19 on revenue of $846.75 million, compared to last year’s EPS of $0.41 on revenue of $901.37 million.
Big Lots, Inc. (BIG) is expected to report a third quarter loss of $0.08 on revenue of $1.17 billion, compared to last year’s loss of $0.10 on revenue of $1.13 billion.
Bank of Nova Scotia (BNS) is expected to report fourth quarter EPS of $1.31 on revenue of $5.37 billion, compared to last year’s EPS of $1.21 on revenue of $4.94 billion.
Today’s Featured Dow Stock
Chevron Corp. (CVX) is up 11.98% year-to-date.
Financial Calendar
0830 ET Nov non-farm payrolls expected +185,000, Oct +204,000. Nov private payrolls expected +180,000, Oct +212,000. Nov manufacturing payrolls expected +10,000, Oct +19,000. Nov unemployment rate expected -0.1 to 7.2%, Oct +0.1 to 7.3%.
0830 ET Nov avg hourly earnings expected +0.2% m/m and +2.0% y/y, Oct +0.1% m/m and +2.2% y/y. Nov avg weekly hours expected +0.1 to 34.5 hours, Oct 34.4.
0830 ET Oct personal spending expected +0.2%, Sep +0.2%. Oct personal income expected +0.3%, Sep +0.5%. Oct PCE deflator expected unch m/m and +0.7% y/y, Sep +0.1% m/m and +0.9% y/y. Oct PCE core deflator expected +0.1% m/m and +1.1% y/y, Sep +0.1% m/m and +1.2% y/y.
0930 ET Philadelphia Fed President Charles Plosser along with former Fed Chairman Alan Greenspan and former Fed Vice-Chairman Donald Kohn speak at a forum on The History of Central Banking in the U.S.
0955 ET Preliminary-Dec U.S. consumer confidence index (University of Michigan) expected +0.9 to 76.0, Nov +1.9 to 75.1.
1500 ET Oct consumer credit expected +$14.550 billion, Sep +$13.737 billion.
1500 ET Chicago Fed resident Charles Evans speaks at a symposium at Loyola University call The Federal Reserve at 100.