The Dow Market Happengs For Friday, October 3, 2014

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 up +75 points.

Thursday, the Dow closed down -3.66 (-0.02%) at 16,801.05.

Year-to-date the Dow is up +1.35%.

There were 10 Dow stock winners Thursday.

Dow stock losers Thursday included JPMorgan (JPM) -1.56% and Intel (INTC) -1.38%.

Dow stock winners Thursday included Nike (NKE) +1.82% and Home Depot +1.34%.

Friday’s Department of Labor report said the US economy added 248,000 jobs in September, rebounding from a disappointing August report.

European stocks are mostly higher and Asian markets ended mostly higher.

The national average price of gasoline is down eight-tenths of a cent at $3.320 per gallon.

Earnings Reports.

Johnson & Johnson (JNJ) will report earnings om 10/14/14 before the market open.

JPMorgan (JPM) will report earnings om 10/14/14 before the market open.

Intel (INTC) will report earnings on 10/14/14 after the market close.

American Express (AXP) reports earnings on 10/15/14 after the market close.

Notable earnings reports from Thursday include:

Constellation Brands, Inc (STZ) reported second quarter EPS of $1.11 on revenue of $1.61 billion, compared to last year’s EPS of $0.96 on revenue of $1.46 billion.

Global Payment Inc. (GPN) reported first quarter EPS of $1.10 on revenue of $704.90 million, compared to last year’s EPS of $1.00 on revenue of $629.68 million.

McCormick & Company, Incorporated (MKC) reported third quarter EPS of $0.95 on revenue of $1.04 billion, compared to last year’s EPS of $0.78 on revenue of $1.02 billion.

Stocks reporting earnings today include:

There are no notable earnings reports expected Friday.

Today’s Featured Dow Stock

McDonald’s Corp. (MCD)

McDonald’s Corp. (MCD) is down -3.00% year-to-date.

Financial Calendar

0830 ET Sep non-farm payrolls expected +215,000, Aug +142,000. Sep private payrolls expected +210,000, Aug +134,000. Sep manufacturing payrolls expected +13,000, Aug unch. Sep unemployment rate expected unch at 6.1%.

0830 ET Sep avg hourly earnings expected +0.2% m/m and +2.2% y/y, Aug +0.2% m/m and +2.1% y/y. Sep avg weekly hours all-employees expected unch at 34.5 hours.

0830 ET Aug trade balance expected -$40.8 billion, Jul -$40.5 billion.

0945 ET Revised Sep Markit services PMI, prelim-Sep -1.0 to 58.5. Revised Sep Markit composite PMI, prelim-Sep -0.9 to 58.8.

1000 ET Sep ISM non-manufacturing PMI expected -1.1 to 58.5, Aug +0.9 to 59.6.

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