DJIA Market Happenings For Tuesday, September 2, 2014

Dow stocks at 52 week highs include Home Depot (HD). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +20 points.

Friday, the Dow closed up +18.88 (+0.11%) at 17,098.45.

Year-to-date the Dow is up +3.15%. Nasdaq is up +9.7%, S&P 500 +8.4% and Russell 2000 +0.9%.

Last week the Dow was up +0.6%, Nasdaq +0.9%, S&P 500 +0.8% and Russell 2000 +1.2%.

Dow stock winners Friday included Microsoft (MSFT) +1.23% and Home Depot (HD) +1.07%.

Dow stock losers Friday included United Technologies (UTX) -1.04% and Visa (V) -0.97%.

There were 20 Dow stock winners Friday.

Boeing (BA) was awarded a $234.7 milion contract for the production and delivery of 24 AH-6I aircraft to Saudi Arabia.

European stocks are higher and Asian markets ended mostly higher.

The national average price of gasoline is down three-tenths of a cent at $3.434 per gallon.

Earnings Reports.

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

Notable earnings reports from Monay include:

No earnings on Monday as it was a Market Holiday.

Stocks reporting earnings today include:

Aviat Networks (AVNW) is expected to report a fourth quarter loss of $0.07 on revenue of $85.01 million, compared to last year’s EPS of $0.01 on revenue of $109.00 million.

Conn’s (CONN) is expected to report second quarter EPS of $0.75 on revenue of $353.65 million, compared to last year’s EPS of $0.52 on revenue of $270.69 million.

Fabrinet (FN) is expected to report fourth quarter EPS of $0.35 on revenue of $172.02 million, compared to last year’s EPS of $0.35 on revenue of $159.93 million.

Pike Electric (PIKE) is expected to report fourth quarter EPS of $0.13 on revenue of $215.34 million, compared to last year’s EPS of $0.09 on revenue of $200.19 million.

Today’s Featured Dow Stock

Travelers Companies Inc. (TRV)

Travelers Companies Inc. (TRV) is up +4.61% year-to-date.

Financial Calendar

0945 ET Revised Aug Markit manufacturing PMI, prelim-Aug -1.5 to 55.8.

1000 ET Aug ISM manufacturing index expected -0.1 to 57.0, Jul +1.8 to 57.1. Aug ISM new orders sub-index, Jul +4.t to 63.4. Aug ISM employment sub-index, Jul +5.4 to 58.2. Aug ISM prices paid sub-index expected -0.7 to 58.8, Jul +1.5 to 59.5.

1000 ET Jul construction spending expected +1.0% m/m, Jun -1.8% m/m.

1100 ET USDA weekly grain export inspections.

1600 ET USDA weekly crop progress.

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 2781