Dow stocks at 52 week highs includes Disney (DIS), Goldman Sachs (GS), Home Depot (HD), JPMorgan (JPM), Merck (MRK), Travellers (TRV) and Visa (V). Dow stock 52 week lows include Chevron (CVX), down -3.67% today.
The Market
Premarket today, the Dow was indicated to open down -146 points.
Monday, the Dow closed up +58.69 (-0.33%) AT 17,958.79.
Year-to-date the Dow is up +8.34%.
There were 11 Dow stock winners Friday.
Dow stock winners Monday include United Technologies (UTX) +1.58% and Travellers (TRV) +1.14%.
Dow stock losers Monday include McDonald’s (MCD) -3.84% and Chevron (CVX) -3.67%.
Verizon Communications Inc. (VZ) Monday warned investors that its earnings may take a hit as customers leave to take advantage of other carriers’ deals and new price discounts eat into profits.
European stocks are lower and Asian markets ended lower.
The national average price of gasoline is down 1.3 cents at $2.655 per gallon.
Earnings Reports.
Nike (NKE) will report earnings on 12/18/14 after the market close.
Notable earnings reports from Monday include:
Diamond Foods, Inc. (DMND) reported first quarter EPS of $0.28 on revenue of $246.60 million, compared to last year’s EPS of $0.18 on revenue of $234.67 million.
H&R Block, Inc. (HRB) reported a second quarter loss of $0.45 per share on revenue of $134.60 million, compared to last year’s loss of $0.42 per share on revenue of $134.34 million.
IDT Corporation (IDT) reported EPS of $0.46 on revenue of $412.90 million, compared to last year’s EPS of $0.32 on revenue of $420.67 million.
Stocks reporting earnings today include:
AutoZone, Inc. (AZO) is expected to report first quarter EPS of $7.16 on revenue of $2.21 billion, compared to last year’s EPS of $6.29 on revenue of $2.09 billion.
HD Supply Holdings (HDS) is expected to report third quarter EPS of $0.53 on revenue of $2.47 billion, compared to last year’s EPS of $0.38 on revenue of $2.30 billion.
UTi Worldwide Inc. (UTIW) is expected to report third quarter EPS of $0.06 on revenue of $1.17 billion, compared to last year’s EPS of $0.08 per share on revenue of $1.15 billion.
Today’s Featured Dow Stock
Boeing Co. (BA) is down -3.14% year-to-date.
Financial Calendar
000 ET Oct JOLTS job openings expected 4.770 million, Sep 4.735 million.
1000 ET Oct wholesale inventories expected +0.2% m/m, Sep +0.3%. Oct wholesale trade sales expected +0.1% m/m, Sep +0.2%.
1300 ET Treasury auctions $25 billion 3-year T-notes.