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

The Market

Premarket, the Dow was indicated to open up +22 points.

Thursday, the Dow closed down -135.31 (-0.82%) at 16,441.35.

Year-to-date the Dow is down -0.82%.

Yesterdays market drop was probably folks locking in prior year gains in the new tax year.

Dow stock earnings releases are coming fast with five companies to report before 1/16/14. See below for details.

European stocks are higher and Asian stocks ended lower.

The national average price of gasoline is up one-tenth of a cent to $3.326 per gallon.

Earnings Reports.

American Express (AXP) will report earnings on 1/9/14 after the market close.

JPMorgan (JPM) reports earnings on 1/14/14 before the market open.

Intel (INTC) reports earnings on 1/15/14 after the market close.

Goldman Sachs (GS) will report earnings on 1/16/14 before the market open.

United Health (UNH) reports earnings on 1/16/14 before the market open.

Earnings reports from Thursday include:

Landec (LNDC) reported second quarter EPS of $0.13 on revenue of $120.00 million, compared to last year’s EPS of $0.34 on revenue of $114.65 million.

Resources Connection (RECN) reported second quarter EPS of $0.18 on revenue of $146.00 million, compared to last year’s EPS of $0.14 on revenue of $141.20 million.

Other stocks expected to report earnings today include:

Lindsay (LNN) is expected to report first quarter EPS of $0.89 on revenue of $142.20 million, compared to last year’s EPS of $1.15 on revenue of $147.37 million.

Today’s Featured Dow Stock

Pfizer Inc. (PFE)

Pfizer Inc. (PFE) is down -0.56% year-to-date.

Financial Calendar

0830 ET USDA weekly Export Sales.

0945 ET Dec New York manufacturing ISM, Nov +10.2 to 69.5.

1100 ET EIA Weekly Petroleum Status Report.

1245 ET Philadelphia Fed President Charles Plosser speaks on a panel discussion at a NABE conference on the topic The Global Economy and Economic Institutions: Transitioning from a Low Interest Rate Environment.

1315 ET Fed Governor Jeremy Stein speaks on Banks as Patient Debt Investors at the American Economic Association conference in Philadelphia.

1330 ET Richmond Fed President Jeffrey Lacker speaks to the Maryland Bankers Association on the economic outlook.

1430 ET Fed Chairman Ben Bernanke speaks to the American Economic Association conference in Philadelphia.

1700 ET Dec total vehicle sales expected 16.00 million, Nov 16.31 million. Dec domestic vehicle sales expected 12.50 million, Nov 12.62 million.