DJIA Market Happenings For Friday, August 14, 2015

Dow stocks at 52 week highs include Home Depot (HD).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -25 points.

Thursday, the Dow was up +5.74 (+0.03%) at 17,408.25.

Year-to-date the Dow is down -2.33%.

There were 10 Dow stocks up Thursday.

Dow stock winners Thursday were led by Cisco (CSCO) +2.87% and Boeing (BA) +1.67%.

The Dow stock losers Thursday were led by Intel (INTC) -2.00% and Caterpillar (CAT) -1.47%.

DuPont (DD -0.47%) was upgraded to ‘Overweight’ from ‘Neutral’ at JPMorgan Chase.

Reuters reports that 8 banks that include Goldman Sachs (GS -0.19%), Barclays (BCS +0.17%) , Bank of America (BAC +0.57%) , BNP Paribas (BNPQY -0.59%) , Citigroup (C +0.74%) , HSBC (HSBC -0.02%) , Royal Bank of Scotland (RBS -1.41%) , and UBS (UBS +0.09%) agreed to pay $2 billion to settle a currency rigging suit.

European stocks are lower and Asian markets ended mixed.

The national average price of gasoline is up 3.5 cents at $2.653 per gallon.

Earnings Reports.

Disney (DIS) reports earnings on 8/4/2015 after the market close.

Cisco (CSCO) reports earnings on 8/12/2015 after the market close.

Today’s Featured Dow Stock

McDonald’s (MCD)

McDonald’s (MCD) is up +6.05% year-to-date.

Financial Calendar

0830 ET Jul PPI final demand expected +0.1% m/m and -0.9% y/y, Jun +0.4% m/m and -0.7% y/y. Jul PPI ex food & energy expected +0.1% m/m and +0.5% y/y, Jun +0.3% m/m and +0.8% y/y.

0915 ET Jul industrial production expected +0.3%, Jun +0.2%. Jul capacity utilization expected +0.2 to 78.0%, Jun +0.1 to 77.8%.

1000 ET Preliminary U.S. Aug University of Michigan consumer sentiment expected +0.4 to 93.5, Jul -3.0 to 93.1.

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