Dow stocks at 52 week highs include Cisco (CSCO), Microsoft (MSFT) and Wal-Mart (WMT). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -39 points.
Friday, the Dow closed down -18.05 (+0.10%) at 17,634.74.
Year-to-date the Dow is up +6.38%. Nasdaq is up +12.3%, S&P 500 +10.4% and Russell 2000 +0.9%.
Last week the Dow was up +0.3%, Nasdaq +1.2%, S&P 500 +0.4% and Russell 2000 +0.0%.
There were 15 Dow stock winners Friday.
Dow stock winners Friday included Cisco (CSC)) +2.49% and International Business Machines (IBM) +0.84%.
Dow stock losers Friday included Johnson & Johnson (JNJ) -0.83% and Visa (V) -0.83%.
Procter & Gamble (PG) was downgraded to ‘Hold’ from ‘Buy’ at Canaccord.
European stocks are lower and Asian markets ended mostly lower.
The national average price of gasoline is down 2.9 cents over the weekend at $2.885 per gallon.
Earnings Reports.
Home Depot (HD) will report earnings on 11/18/14 before the market open.
Notable earnings reports from Friday include:
Metalico, Inc. (MEA) reported a third quarter loss of $0.04 on revenue of $128.59 million, compared to last year’s loss of $0.58 per share on revenue of $135.78 million.
Stocks reporting earnings today include:
Agilent Technologies Inc (A) is expected to report fourth quarter EPS of $0.89 on revenue of $1.81 billion, compared to last year’s EPS of $0.81 on revenue of $1.72 billion.
Jacobs Engineering Group Inc (JEC) is expected to report fourth quarter EPS of $0.86 on revenue of $3.32 billion, compared to last year’s EPS of $0.84 on revenue of $3.14 billion.
Tyson Foods, Inc. (TSN) is expected to report fourth quarter EPS of $0.76 on revenue of $10.15 billion, compared to last year’s EPS of $0.70 on revenue of $8.89 billion.
Urban Outfitters, Inc. (URBN) is expected to report third quarter EPS of $0.41 on revenue of $813.05 million, compared to last year’s EPS of $0.47 on revenue of $774.05 million.
Today’s Featured Dow Stock
Merck & Co Inc. (MRK) is up +18.02% year-to-date.
Financial Calendar
0830 ET Nov Empire manufacturing index expected +5.83 to 12.00, Oct -21.37 to 6.17.
0915 ET Oct industrial production expected +0.2%, Sep +1.0%. Oct capacity utilization expected unch at 79.3%, Sep +0.6 to 79.3%.
1100 ET USDA weekly grain export inspections.
1600 ET USDA weekly crop progress.