There are no Dow stocks at 52 week highs. Dow stock 52 week lows include Exxon Mobil (XOM), Verizon (VZ), Chevron (CVX) and International Business Machines (IBM)..
The Market
Premarket today, the Dow was indicated to open up +87 points.
Friday, the Dow closed down -315.51 (-1.79%) at 17,280.83.
Year-to-date the Dow is up +4.25%. Nasdaq is up +11.4%, S&P 500 +8.3% and Russell 2000 is down -1.00%.
Last week the Dow lost -3.8%, Nasdaq -2.7%, S&P 500 -3.5% and Russell 2000 -2.5%.
There were no Dow stock winners Friday.
This is the last full trading week of 2014.
The largest Dow stock losers Friday included International Business Machines (IBM) -3.53%, Dupont (DD)-3.18%, Exxon Mobil (XOM) -2.91% and Merck (MRK) -2.73%.
The UAE energy minister said that OPEC will stand by its decision not to cut oil output even if crude prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting.
Exxon Mobil (XOM) was upgraded to ‘Market Perform’ from ‘Underperform’ at BMO Capital.
European stocks are lmostly higher and Asian markets ended mixed.
The national average price of gasoline over the weekend is down 4.5 cents at $2.545 per gallon.
Earnings Reports.
Nike (NKE) will report earnings on 12/18/14 after the market close.
Notable earnings reports from Friday include:
There were no notable earnings reports.
Stocks reporting earnings today include:
CarMax, Inc. (KMX) is expected to report third quarter EPS of $0.54 on revenue of $3.25 billion, compared to last year’s EPS of $0.47 on revenue of $2.94 billion.
Verifone Systems Inc. (PAY) is expected to report fourth quarter EPS of $0.41 on revenue of $483.42 million, compared to last year’s EPS of $0.27 on revenue of $432.30 million.
Today’s Featured Dow Stock
The Coca-Cola Co. (KO) is down -0.97% year-to-date.
Financial Calendar
0830 ET Dec Empire manufacturing index expected +1.84 to 12.00, Nov +3.99 to 10.16.
0915 ET Nov industrial production expected +0.7%, Oct -0.1% m/m. Nov capacity utilization expected +0.5 to 79.4%, Oct -0.3 to 78.9%.
1000 ET Dec NAHB housing market index expected +1 to 59, Nov +4 to 58.
1100 ET USDA weekly grain export inspections.