CHICAGO, April 28, 2014 /PRNewswire/ --Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the United Technologies Corp. (NYSE:UTX-Free Report), AT&T, Inc. (NYSE:T-Free Report), Boeing Co. (NYSE:BA-Free Report), Caterpillar Inc. (NYSE:CAT-Free Report) andVerizon Communications Inc. (NYSE:VZ-Free Report).
Today, Zacks is promoting its 'Buy' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday's Analyst Blog:
Dow 30 Stock Roundup
The blue chip index returned to its winning ways on Monday. Investors were encouraged by better-than-expected corporate earnings. An increase in Conference Board's leading economic index added to the bullish mood. The Conference Board's leading economic index increased 0.8% in March after gaining 0.5% in February. The Dow moved up 0.3%.
The Dow gained 0.4% on Tuesday, boosted by better-than-expected corporate results. United Technologies Corp. (NYSE:UTX-Free Report) reported earnings from continuing operations of $1.32 per share, more than the Zacks Consensus Estimate of $1.27 per share. A modest fall in existing home sales data in March hardly impacted benchmarks.
Benchmarks ended lower on Wednesday following disappointing corporate results and economic data. Sales of new single-family houses decreased 14.5% to seasonally adjusted annual rate of 384,000 in March. Shares of AT&T, Inc. (NYSE:T-Free Report) dropped 3.8% a day after reporting earnings results. The Boeing Co. (NYSE:BA-Free Report) reported earnings higher than year-ago adjusted profit. Shares of Boeing increased 2.4%, but failed to restrict the day's losses. By the close, the Dow slipped 0.1%.
Markets gained on Thursday, driven by encouraging corporate results and better-than-expected durable orders data. Positive earnings results from bellwether Caterpillar Inc. (NYSE:CAT-Free Report) also added to the bullish sentiment. However, the Dow finished flat after disappointing first quarter earnings from Verizon Communications Inc. (NYSE:VZ-Free Report).
Today, Zacks is promoting its 'Buy' stock recommendations. Get #1Stock of the Day pick for free.
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