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 +166 points.
Monday, the Dow closed down -153.68 (-0.94%) at 16,168.03.
Year-to-date the Dow is down -2.47%.
Markets are rising back this morning as Putin said Russia has no intention of annexing Ukraine’s Crimea region, where the Russians have military bases. Earlier in the day, he ordered troops to return from military exercises.
President Obama will release his fiscal year 2015 budget proposal today and will include a handful of proposals to help low- and middle-income families.
European stocks are higher and Asian stocks ended mostly higher.
The national average price of gasoline is up one-tenth of a cent to $3.460 per gallon.
Earnings Reports.
There are no Dow stocks scheduled to report earnings in the near term.
Notable earnings reports include:
QR Energy, LP (QRE) reported fourth quarter EPS of $0.25 on revenue of $119.30 million, compared to last year’s loss of $0.24 per share on revenue of $97.41 million.
Rockwood Holdings, Inc. (ROC) reported fourth quarter EPS of $0.53 on revenue of $347.00 million, compared to last year’s EPS of $0.47 on revenue of $829.00 million.
Stratasys, Inc. (SSYS) reported fourth quarter EPS of $0.50 on revenue of $155.10 million, compared to last year’s EPS of $0.40 on revenue of $71.15 million.
Other stocks expected to report earnings today include:
AutoZone, Inc. (AZO) is expected to report second quarter EPS of $5.54 on revenue of $1.97 billion, compared to last year’s EPS of $4.78 on revenue of $1.86 billion.
Bob Evans Farms, Inc. (BOBE) is expected to report third quarter EPS of $0.57 on revenue of $350.54 million, compared to last year’s EPS of $0.56 on revenue of $434.44 million.
Radioshack Corporation (RSH) is expected to report a fourth quarter loss of $0.14 per share on revenue of $1.12 billion, compared to last year’s EPS of $0.04 on revenue of $1.30 billion.
Today’s Featured Dow Stock
Walt Disney Co. (DIS) is up +4.01% year-to-date.
Financial Calendar
1000 ET Former Bank of Israel governor Stanley Fischer appears before the Senate Banking Committee in his confirmation hearings on his nomination as Fed Vice Chair.
1000 ET Mar IBD/TIPP economic optimism expected +0.1 to 45.0, Feb 44.9
1615 ET Richmond Fed President Jeffrey Lacker speaks on the economy at the Council for Economic Educations economic summit in New York.