Dow stocks at 52 week highs include Caterpillar (CAT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open up +81 points.
Friday, the Dow closed up +58.83 (+0.36%) at 16,323.06.
Year-to-date the Dow is down -1.53%.
Travelers (TRV) was upgraded to ‘Neutral’ from ‘Sell’ at Guggenheim.
European stocks are mixed and Asian stocks ended mixed.
The national average price of gasoline over the weekend is up 1.8 cents to $3.555 per gallon.
Earnings Reports.
There are no Dow stocks expected to report earnings near term.
Notable earnings reports from Friday include:
Blackberry (BBRY) reported a fourth quarter loss of $0.08 on revenue of $976.00 million, compared to last year’s EPS of $0.22 on revenue of $2.68 billion.
The Finish Line, Inc. (FINL) reported fourth quarter EPS of $0.87 on revenue of $518.90 million, compared to last year’s EPS of $0.76 on revenue of $442.68 million.
Stocks reporting earnings today include:
Global Partners LP (GLP) is expected to report fourth quarter EPS of $0.48 on revenue of $5.59 billion, compared to last year’s EPS of $0.81 on revenue of $5.12 billion.
InterOil Corporation (IOC) is expected to report a fourth quarter loss of $0.04 on revenue of $333.50 million, compared to last year’s EPS of $0.38 on revenue of $356.44 million.
UTi Worldwide Inc. (UTIW) is expected to report a fourth quarter loss of $0.06 on revenue of $1.08 billion, compared to last year’s loss of $0.13 on revenue of $1.08 billion.
Today’s Featured Dow Stock
McDonald’s Corp. (MCD) is up +0.22% year-to-date.
Financial Calendar
0900 ET Mar ISM Milwaukee index expected +2.41 to 51.00, Feb 48.59.
0945 ET Mar Chicago PMI expected -0.3 to 59.5, Feb +0.2 to 59.8.
0955 ET Fed Chair Janet Yellen delivers the keynote address at the National Interagency Community Reinvestment Conference in Chicago.
1030 ET Mar Dallas Fed manufacturing activity index expected 2.5, Feb 0.3.
1100 ET USDA weekly grain export inspections.
1200 ET USDA Q1 quarterly grain stocks.