After a triple-digit intraday high, major indices retreated slightly but still ended the day with impressive gains.
The Dow gained about 92 points to close at 16,133.23. The S&P was up 0.6 percent, or about 11 points to close at 1,839.78, and the NASDAQ was up 0.7 percent to 4,267.55.
This morning, U.S. markets are indicated higher. The Dow is 28 points higher, the S&P is two points higher and the NASDAQ is indicated to gain about six points at the open.
Related: Market Wrap For February 20: S&P 500 Inches Closer To New Highs
Top Stories
- Ukraine announces a truce after days of bloody fighting.
- Bill Ackman said that his bet on Herbalife HLF is his worst bet ever losing 50 percent to date.
Asian Markets
A bullish Wall Street sent Asian indices higher Friday. The Nikkei was up about 2.8 percent to close at 14,865.67 and the Hang Seng was up nearly 0.8 percent to finish at 22,568.24.
The Shanghai Composite closed one percent lower at 2,113.69 and the Kospi was 1.4 percent higher closing at 1957.83.
European Markets
A positive Wall Street followed by strong gains in Asia are sending European markets mostly higher. The FTSE is 0.3 percent higher at 6,833.44 and the DAX is flat at 9,619.03. Finally, the CAC is 0.2 percent higher at 4364.16.
Commodities
Natural gas’s huge move continues to make headlines. Other commodities are mixed. WTI is down 0.2 percent at $102.53 while Brent is down 0.2 percent at $110.05. Natural gas is 2.2 percent higher at $6.19.
Gold is up about 0.3 percent at $1,320.60 and silver is higher by about 0.4 percent at $21.76. Copper is unchanged at $3.27.
Currencies
The euro is 0.1 percent lower against the dollar at 1.3704 and the dollar is about 0.1 percent higher against the yen at 102.38
The pound is 0.1 percent higher against the dollar at 1.666 and the Aussie dollar is at 0.899 against the dollar—nearly flat.
Pre-Market Movers
Groupon GRPN is down 14 percent this morning while Fleetmatics Group FLTX is lower by 23 percent. General Motors GM is down 1.4 percent and Anglogold AU is lower by almost two percent.
Aruba Networks ARUN is up six percent, J.C. Penney JCP is up more than four percent, and Yelp YELP is up two percent.
Notable Earnings
Earnings reports from Thursday:
- Actavis ACT reported fourth quarter EPS of $3.17, beating the consensus estimate of $3.05. Revenue of $2.78 billion beat the consensus estimate of $2.68 billion.
- Wal-Mart WMT reported fourth quarter EPS of $1.60, beating the consensus estimate of $1.59. Revenue of $129.7 billion missed the consensus estimate of $130.44 billion.
- DIRECTV DTV reported fourth quarter EPS of $1.53, beating the consensus estimate of $1.19. Revenue of $8.95 billion beat the consensus estimate of $8.48 billion.
- Crocs CROX reported fourth EPS of -$0.20, beating the consensus estimate of $-0.23. Revenue of $228.6 million beat the consensus estimate of $221.24 million.
- Hewlett-Packard HPQ reported first quarter EPS of $0.90, beating the consensus estimate of $0.84. Revenue of $28.2 billion beat the consensus estimate of $27.19 billion.
- Nordstrom JWN reported fourth quarter EPS of $1.37, beating the consensus estimate of $1.34. Revenue of $3.61 billion missed the consensus estimate of $3.72 billion.
- Groupon reported fourth quarter EPS of $0.04, beating the consensus estimate of $0.02. Revenue of $768.4 million beat the consensus estimate of $718.04 million.
- Priceline.com PCLN reported fourth quarter EPS of $8.85, beating the consensus estimate of $8.29. Revenue of $1.54 billion beat the consensus estimate of $1.52 billion.
The following companies will report earnings today:
- Dish Network DISH is projected to report its Q4 earnings at $0.41 per share on revenue of $3.59 billion.
- Barnes Group B is estimated to report its Q4 earnings at $0.52 per share on revenue of $297.54 million.
- Boise Cascade Company (NYSE: BCC) is projected to report its Q4 earnings at $0.18 per share on revenue of $819.79 million.
- Ecolab (NYSE: ECL) is expected to report its Q4 earnings at $1.05 per share on revenue of $3.54 billion.
- Charter Communications CHTR is expected to report its Q4 earnings at $0.24 per share on revenue of $2.16 billion.
To read today’s full earnings calendar, click here.
Economics
Today at 10:00 AM ET, Existing Home Sales will reach the market and Richard Fisher will speak at 1:45 PM ET.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
