Dow stocks at 52 week highs includes Cisco (CSCO), Intel (INTC) and Visa (V). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open down -9 points.
Tuesday, the Dow closed dpwn -2.96 (-0.02%) at 17,814.94.
Year-to-date the Dow is up +7.47%.
There were 14 Dow stock winners Tuesday.
Dow stock winners Tuesday included United Technologies +2.68% and Disney (DIS) +1.18%.
Dow stock losers Tuesday included Home Depot (HD) -1.41% and Chevron (CVX) -1.22%.
One time Dow stock Hewlett-Packard (HPQ) is down in after-hours trading after it reported Q4 EPS of $1.06, right on consensus, although Q4 revenue of $28.40 billion was less than consensus of$28.76 billion.
European stocks are mixed and Asian markets ended higher.
The national average price of gasoline is down two-tenths of a cent at $2.810 per gallon.
Earnings Reports.
There are no Dow stocks set to report earnings in the near term.
Notable earnings reports from Tuesday include:
Hewlett-Packard Company (HPQ) reported fourth quarter EPS of $1.06 on revenue of $28.4 billion, compared to last year’s EPS of $1.01 on revenue of $29.13 billion.
Hormel Foods Corporation (HRL) reported fourth quarter EPS of $0.63 on revenue of $2.54 billion, compared to last year’s EPS of $0.58 on revenue of $2.32 billion.
Campbell Soup Company (CPB) reported first quarter EPS of $0.74 on revenue of $2.26 billion, compared to last year’s EPS of $0.66 on revenue of $2.16 billion.
Tiffany & Co. (TIF) reported third quarter EPS of $0.76 on revenue of $959.59 million, compared to last year’s EPS of $0.73 on revenue of $922.48 million.
Stocks reporting earnings today include:
Deere & Company (DE) is expected to report fourth quarter EPS of $1.57 on revenue of $7.75 billion, compared to last year’s EPS of $2.11 on revenue of $8.62 billion.
Seadrill Limited (SDRL) is expected to report third quarter EPS of $0.67 on revenue of $1.23 billion, compared to last year’s EPS of $0.58 on revenue of $1.28 billion.
Today’s Featured Dow Stock
United Technologies Corp. (UTX)
United Technologies Corp. (UTX) is down -1.84% year-to-date.
Financial Calendar
0700 ET Weekly MBA mortgage applications, previous +4.9% with purchase sub-index +11.7% and refi sub-index +0.9%.
0830 ET Weekly initial unemployment claims expected -3,000 to 288,000, previous -2,000 to 291,000. Weekly continuing claims expected +20,000 to 2.350 million, previous -73,000 to 2.330 million.
0830 ET Oct personal spending expected +0.3%, Sep -0.2%. Oct personal income expected +0.4%, Sep +0.2%.
0830 ET Oct PCE deflator expected unch m/m and +1.4% y/y, Sep +0.1% m/m and +1.4% y/y. Oct core PCE deflator expected +0.2% m/m and +1.5% y/y, Sep +0.1% m/m and +1.5% y/y.
0830 ET Oct durable goods orders expected -0.6% and +0.5% ex transportation, Sep -1.1% and -0.1% ex transportation. Oct capital goods orders non-defense ex-air expected +0.8%, Sep -1.6%.
0945 ET Nov Chicago PMI expected -3.2 to 63.0, Oct +5.7 to 66.2.
0955 ET Final-Nov U.S. consumer confidence (University of Michigan) expected +0.6 to 90.0, early-Nov +2.5 to 89.4.
1000 ET Oct pending home sales expected +0.5% m/m and +2.5% y/y, Sep +0.3% m/m and +1.0% y/y.
1000 ET Oct new home sales expected +0.6% to 470,000, Sep +0.2% to 467,000.
1030 ET EIA Weekly Petroleum Status Report.
1300 ET Treasury auctions $29 billion of 7-year T-notes.