Dow stocks at 52 week highs include Home Depot (HD), Pfizer (PFE) and Procter & Gamble (PG). There are no Dow stock 52 week lows.
The Market
Premarket today, the Dow was indicated to open own -107 points.
Thursday, the Dow closed down -268.05 (-1.51%) at 17,533.15.
Year-to-date the Dow is up +6.15%.
There were 24 Dow stock winners Thursday.
Dow stock winners Thursday include Disney (DIS) +1.40% and Home Depot (HD) +1.34%.
Dow stock losers Thursday include Boeing (BA) -1.02% and Pfizer (PFE) -0.66%.
European stocks are lower and Asian markets ended mostly higher.
The national average price of gasoline is down 2.1 cents at $2.600 per gallon.
Earnings Reports.
Nike (NKE) will report earnings on 12/18/14 after the market close.
Notable earnings reports from Thursday include:
Adobe Systems Incorporated (ADBE) reported fourth quarter EPS of $0.36 on revenue of $1.07 billion, compared to last year’s EPS of $0.32 on revenue of $1.04 billion.
CIENA Corporation (CIEN) reported a fourth quarter loss of $0.08 on revenue of $591 million.
Lululemon athletica inc. (LULU) reported third quarter EPS of $0.42 on revenue of $419.40 million, compared to last year’s EPS of $0.45 on revenue of $379.90 million.
Quicksilver, Inc. (ZQK) reported a fourth quarter loss of $0.29 on revenue of $401 million, compared to last year’s loss of $0.04 on revenue of $475.91 million.
Stocks reporting earnings today include:
Nothing of note expected today.
Today’s Featured Dow Stock
Cisco Systems Inc. (CSCO) is up +20.33% year-to-date.
Financial Calendar
0830 ET Nov final-demand PPI expected -0.1% m/m and +1.4% y/y, Oct +0.2% m/m and +1.5% y/y. Nov final-demand PPI ex food & energy expected +0.1% m/m and +1.8% y/y, Oct +0.4% m/m and +1.8% y/y.
0955 ET Preliminary Dec U.S. consumer confidence (University of Michigan) expected +0.7 to 89.5, Nov +1.9 to 88.8.