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

The Market

Premarket today, the Dow was indicated to open down -8 points.

Thursday, the Dow closed down -167.16 (+1.01%) at 16,446.81.

Year-to-date the Dow is down -0.78%.

Verizon (VZ) climbed nearly 2% in after-hours trading after Berkshire Hathaway disclosed that it has a 11 million share stake in the company worth nearly $530 million.

It’s Friday and not much news out there.

European stocks were mostly higher and Asian markets closed mixed.

The national average price of gasoline is up six-tenths of a cent at $3.647 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.

International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.

Dupont (DD) reported earnings on 4/17/2014 before the market open of $1.58/share, meeting consensus.

General Electric (GE) reported earnings on 4/17/2014 before the market open of $0.36/share, beating consensus of $0.32/share.

Goldman Sachs reported earnings on 4/17/2014 before the market open of $4.02/share, beating consensus of $3.44/share.

UnitedHealth (UNH) reported earnings on 4/17/2014 before the market open of $1.10/share, narrowly beating consensus of $1.093/share.

McDonalds (MCD) reported earnings on 4/22/14 before the market open of $1.21/share, below estimates of $1.24/share.

Travelers (TRV) reported earnings on 4/22/14 before the market open of $2.95/share, well ahead of $2.16/share consensus.

United Technologies (UTX) reported earnings on 4/22/14 before the market open of $1.32/share beating estimates by $0.05/share.

AT&T (T) reportrf earnings on 4/22/14 after the market close of $0.71/share, beating estimates of $0.70/share.

Boeing (BA) reported earnings on 4/23/14 before the market open of $1.76/share ahead of $1.54/share consensus.

Procter & Gamble (PG) reported earnings on 4/23/14 before the market open of $1.04/share, beating consensus of $1.02/share.

Caterpillar (CAT) reported earnings on 4/24/14 before the market open of $1.61/share, beating consensus of $1.25/share.

3M (MMM) reported earnings on 4/24/14 before the market open of $1.79/share, meeting consensus.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) reported earnings on 4/24/14 after the market close of $0.84/share, below consensus of $0.87/share.

Merck (MRK) reported earnings on 4/29/14 before the market open of $0.88/share, beating consensus of $0.79/share.

Exxon Mobil (XOM) reported earnings on 5/1/14 before the market open.

Chevron (CVX) will report earnings on 5/2/14 before the market open of $2.10/share, beating consensus of $1.88/share.

Pfizer (PFE) will report earnings on 5/5/14 before the market open.

Walt Disney (DIS) reported earnings on 5/6/14 after the market close of $1.11/share, beating consensus of $0.96/share.

Cisco (CSCO) reported earnings on 5/14/14 after the market close of $0.51/share, beating consensus of $0.48/share.

Wal-Mart (WMT) reported earnings on 5/15/14 before the market open of $1.10/share, below consensus of $1.15/share.

Home Depot (HD) reports earnings on 5/20/14 before the market open

Notable earnings reports from Thursday include:

Wal-Mart Stores (WMT) reported first quarter EPS of $1.10 on revenue of $114.96 billion, compared to last year’s EPS of $1.14 on revenue of $114.19 billion.

Kohl’s Corporation (KSS) reported first quarter EPS of $0.60 on revenue of $4.07 billion, compared to last year’s EPS of $0.66 on revenue of $4.20 billion.

J.C. Penney Company (JCP) reported a first quarter loss of $1.16 on revenue of $2.80 billion, compared to last year’s loss of $1.38 on revenue of $2.64 billion.

Nordstrom (JWN) reported first quarter EPS of $0.72 on revenue of $2.92 billion, compared to last year’s EPS of $0.73 on revenue of $2.75 billion.

Stocks reporting earnings today include:

Canadian Solar (CSIQ) is expected to report first quarter EPS of $0.12 on revenue of $431.98 million, compared to last year’s loss of $0.10 on revenue of $263.61 million.

Tsakos Energy Navigation (TNP) is expected to report first quarter EPS of $0.12 on revenue of $89.16 million, compared to last year’s EPS of $0.02 on revenue of $69.40 million.

Today’s Featured Dow Stock

McDonald’s Corp. (MCD)

McDonald’s Corp. (MCD) is up +5.64% year-to-date.

Financial Calendar

0830 ET Apr housing starts expected +3.6% to 980,000, Mar +2.8% to 946,000. Apr building permits expected +1.3% to 1.01 million, Mar -2.4% to 990,000.

0955 ET Preliminary-May U.S. consumer confidence index (University of Michigan) expected +0.4 to 84.5, Apr +4.1 to 84.1.

1150 ET St. Louis Fed President James Bullard speaks on the economy and monetary policy to the Arkansas Bankers Association.

1500 ET USDA Apr Cattle on Feed.