Dow stocks at 52 week highs include Intel (INTC), Coca Cola (KO) and Microsoft (MSFT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -8 points.
Friday, the Dow closed up +5.71 (+0.03%) at 16,851.84.
Year-to-date the Dow is up +1.66%. Nasdaq is up +5.3%, S&P 500 +6.1% and Russell 2000 +2.2%.
Last week the Dow was down -0.6%, Nasdaq +0.7%, S&P 500 -0.1% and Russell 2000 +0.1%.
Dow stock winners Friday included Microsoft (MSFT) +1.27% and Nike (NKE) +1.07%.
Dow stock losers Friday included Dupont (DD) -3.34% and Merck (MRK) -1.71%.
Friday there were 20 Dow stock winners.
Thursday, we get the Friday Jobs number due to the 4th of July holiday.
Today is the last day of the quarter and first half of 2014.
Dow stock leaders for the year include Caterpillar (CAT) +19.79%, Intel (INTC) +19.17%, Merck (MRK) +14.95%, Jonson & Johnson (JNJ) +14.63% and Microsoft (MSFT) +12.94%.
The biggest Dow losers year-to-date include Visa (V) -6.02%, Goldman Sachs (GS) -5.91% and General Electric (GE) -5.71%.
European stocks were mixed and Asian markets ended mostly higher.
The national average price of gasoline is down eight-tenths of a cent over the weekend at $3.676 per gallon.
Earnings Reports.
Nike (NKE) reported earnings on 6/26/14 after the market close of $0.78/share, beating consensus for $0.76/share.
Notable earnings reports from Friday include:
Commercial Metals Company (CMC) reported third quarter EPS of $0.20 on revenue of $1.80 billion, compared to last year’s EPS of $0.16 on revenue of $1.79 billion.
KB Home (KBH) reported second quarter EPS of $0.27 on revenue of $562.40 million, compared to last year’s loss of $0.04 on revenue of $524.41 million.
The Finish Line (FINL) reported first quarter EPS of $0.28 on revenue of $406.50 million, compared to last year’s EPS of $0.20 on revenue of $351.05 million.
Stocks reporting earnings today include:
Investors Real Estates Trust (IRET) is expected to report fourth quarter EPS of $0.17 on revenue of $67.73 million, compared to last year’s EPS of $0.19 on revenue of $67.01 million.
Today’s Featured Dow Stock
Intel Corp. (INTC) is up +19.17% year-to-date.
Financial Calendar
0900 ET Jun ISM Milwaukee index expected 60.0, May 63.49.
0945 ET Jun Chicago PMI expected -2.5 to 63.0, May +2.5 to 65.5.
1000 ET May pending home sales expected +1.2% m/m and -9.6% y/y, Apr +0.4% m/m and -9.4% y/y.
1030 ET Jun Dallas Fed manufacturing index expected 10.0, May 8.0.
1100 ET USDA weekly grain export inspections.
1200 ET USDA Q2 quarterly grain stocks and 2014 planted acreage.
1310 ET San Francisco Fed President John Williams speaks at the Montana & Utah Bankers Associations2014 Convention.
1600 ET USDA weekly crop progress.