The Dow Market Happenings For Monday, March 03, 2014

Dow stocks at 52 week highs include Dupont (DD), Disney (DIS), Home Depot (HD), Merck (MRK) and UnitedHealth (UNH). There are no Dow stock 52 week lows.

The Market

Premarket, the Dow was indicated to open down -143 points.

Friday, the Dow closed up +49.06 (+0.30%) at 16,321..71.

Year-to-date the Dow is down -1.54%.

Stock futures tumble on “threat” of war in Ukraine. Hmm……..

Not much happening with Dow stocks this morning though, other than prices dropping a bit that is.

European stocks are lower and Asian stocks ended mostly lower.

The national average price of gasoline over the weekend is up 1.1 cents to $3.459 per gallon.

Earnings Reports.

There are no Dow stocks scheduled to report earnings in the near term.

Notable earnings reports include:

3D Systems Corporation (DDD) reported fourth quarter EPS of $0.19 on revenue of $154.80 million, compared to last year’s EPS of $0.26 on revenue of $155.07 million.

Liberty Interactive Corporation (LINTA) reported fourth quarter EPS of $0.42 on revenue of $3.20 billion, compared to last year’s EPS of $0.33 on revenue of $3.14 billion.

Other stocks expected to report earnings today include:

QR Energy, LP (QRE) is expected to report fourth quarter EPS of $0.35 on revenue of $127.87 million, compared to last year’s loss of $0.24 per share on revenue of $97.41 million.

Rockwood Holdings, Inc. (ROC) is expected to report fourth quarter EPS of $0.34 on revenue of $342.14 million, compared to last year’s EPS of $0.47 on revenue of $829.00 million.

SolarCity (SCTY) is expected to report a fourth quarter loss of $0.55 on revenue of $43.07 million, compared to last year’s loss of $0.54 per share on revenue of $25.27 million.

Stratasys, Inc. (SSYS) is expected to report fourth quarter EPS of $0.49 on revenue of $151.03 million, compared to last year’s EPS of $0.40 on revenue of $71.15 million.

Today’s Featured Dow Stock

Wal-Mart Stores Inc. (WMT)

Wal-Mart Stores Inc. (WMT) is down -5.07% year-to-date.

Financial Calendar

0830 ET Jan personal spending expected +0.1%, Dec +0.4%. Jan personal income expected +0.2%, Dec unch. Jan PCE deflator expected +0.1% m/m and +1.1% y/y, Dec +0.2% m/m and +1/1% y/y. Jan PCE core deflator expected +0.1% m/m and +1.1% y/y, Dec +0.1% m/m and +1.2% y/y.

1000 ET Feb ISM manufacturing index expected +0.7 to 52.0, Jan -5.2 to 51.3. Feb ISM prices paid expected -3.1 to 57.4, Jan +7.0 to 60.5. Feb ISM new orders sub-index, Jan -13.2 to 51.2.

1000 ET Jan construction spending expected -0.5% m/m, Dec +0.1% m/m.

1100 ET USDA weekly grain export inspections.

n/a Feb total vehicle sales expected 15.40 million, Jan 15.16 million. Feb domestic vehicle sales expected 11.90 million, Jan 11.94 million.

Both comments and pings are currently closed.

Comments are closed.


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2876