The Dow Market Happenings For Friday, February 6, 2015

Dow stocks at 52 week highs include Boeing (BA), Disney, (DIS), Home Depot (HD), Dupont (DD) and Visa (V). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +69 points.

Thursday, the Dow was up +211.86 (+1.20%) at 17,884.88.

Year-to-date the Dow is up +0.35%.

All 30 Dow stocks were up Thursday.

Dow stock winners Thursday included Dupont (DD) +3.06%, Pfizer (PFE) +2.87%, Visa (V) +2.61% and Cisco (CSCO) 2.14%.

The Labor Department said Friday the American economy added 257,000 jobs in January, a modest deceleration from the white-hot pace of gains in late 2014, but still good. Economists had been looking for a gain of 230,000. The unemployment rate ticked up to 5.7 percent, from 5.6 percent. The portion of Americans in the work force rose slightly last month, a positive sign even though the unemployment rate rose.

Over the course of 2014, the economy added just under 250,000 jobs a month on average. But employers grew bolder in the final quarter of the year, creating an average of more than 290,000 jobs a month in October, November and December.

Additionally, the Labor Department also revised the December gain to 329,000 jobs, from its initial estimate of 252,000.

European stocks are mixed and Asian markets ended mostly higher.

The national average price of gasoline is up 1.5 cents at $2.166 per gallon.

Earnings Reports.

Exxon Mobil (XOM) will report earnings on 2/2/2015 before the market open.

Disney will report earnings on 2/3/2015 after the market close.

Merck (MRK) will report earnings on 2/4/2015 before the market open.

Coca Cola will report earnings on 2/10/2015 before the market open.

Cisco (CSCO) will report earnings on 2/11/2015 after the close.

Today’s Featured Dow Stock

Goldman Sachs Group Inc. (GS)

Goldman Sachs Group Inc. (GS) is down -4.39% year-to-date.

Financial Calendar

0830 ET Jan non-farm payrolls expected +230,000, Dec +252,000. Jan private payrolls expected +225,000, Dec +240,000. Jan manufacturing payrolls expected +12,000, Dec +17,000. Jan unemployment rate expected unch at 5.6%, Dec -0.2 to 5.6%.

0830 ET Jan avg hourly earnings expected +0.3% m/m and +1.9% y/y, Dec -0.2% m/m and +1.7% y/y. Jan avg weekly hours all-employees expected unch at 34.6 hours.

1245 ET Atlanta Fed President Dennis Lockhart speaks about the U.S. economic outlook and monetary policy to the Southwest Florida Business Leaders Luncheon.

1500 ET Dec consumer credit expected +$15.000 billion, Nov +$14.081 billion.

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