The Dow Market Happenings For Monday, February 29, 2016

Dow stocks at 52 week highs include Johnson & Johnson (JNJ), Verizon (VZ) and Coca Cola (KO).There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +94 points.

Friday the Dow was down -57.32 (-0.34%) at 16,639.97.

Year-to-date the Dow is down -4.51%.

There were 10 Dow stocks up Friday.

The Dow stock winners Friday were led by Dupont (DD) +1.80% and Goldman Sachs (GS) +1.35%.

The Dow stock losers Friday wee led by Coca Cola (KO)-2.31% and Wal-Mart (WMT) -2.25%.

Looks like maybe we’ll have an up day (I hope).

European stocks are mostly lower and Asian markets ended lower.

The national average price of gasoline is up three-tenths of a cent at $1.749 per gallon.

Earnings Reports.

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

Today’s Featured Dow Stock

Wal-Mart (WMT)

Wal-Mart (WMT) is up 8.50% year-to-date.

Financial Calendar

0900 ET Feb Milwaukee ISM expected -0.36 to 50.00, Jan +1.83 to 50.36.

0945 ET Feb Chicago PMI expected -3.1 to 52.5, Jan +12.7 to 55.6.

1000 ET Jan pending home sales expected +0.5% m/m and +4.1% y/y, Dec +0.1% m/m and +3.1% y/y.

1030 ET Feb Dallas Fed manufacturing activity expected +4.6 to -30.0, Jan -13.0 to -34.6.

1100 ET USDA weekly grain export inspections.

2330 ET New York Fed President William Dudley speaks at a symposium in Hangzhou, China co-hosted by the PBOC and the New York Fed.

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