The Dow Market Happenings For Monday, June 8, 2015

Dow stocks at 52 week highs include Goldman Sachs (GS) and JPMorgan (JPM). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -15 points.

Friday, the Dow was down -56.12 (-0.31%) at 17,849.46.

Year-to-date the Dow is up +0.46%.

There were 9 Dow stocks up Friday.

The Dow stock winners Friday wwere led by JPMorgan (JPM) +1.64% and Goldman Sachs (GS) +0.76%.

The Dow stock losers Friday were led by Verizon (VZ) -1.81% and Wal-Mart (WMT) -1.47%.

Home Depot (HD) was initiated with an ‘Overweight’ at Atlantic Equities witha price target of $128.

Wal-Mart (WMT) was upgraded to ‘Strong Buy’ from ‘Outperform’ at Raymond James.

General Electric Company (GE) is near a deal to sell its private-equity lending unit to Canada Pension Plan Investment Board, according to the Wall Street Journal.

McDonald’s Corp., pursuing a comeback under new Chief Executive Officer Steve Easterbrook, reported May sales that narrowly topped analysts’ projections after growth in Europe helped make up for a lingering slump in the U.S. Global same-store sales fell 0.3 percent in the period, the Oak Brook, Illinois-based company said in a statement Monday. Analysts predicted a 0.9 percent drop on average.

European stocks are lower and Asian markets ended mixed.

The national average price of gasoline is down one-tenth of a cent at $2.750 per gallon.

Earnings Reports.

There are no Dow stocks due to report earnings in the near term.

Today’s Featured Dow Stock

Cisco (CSCO)

Cisco (CSCO) is up +2.75% year-to-date.

Financial Calendar

1100 ET USDA weekly grain export inspections.

1600 ET USDA weekly crop progress.

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