Bloomberg:
- The US dollar is rising against the yen and euro after the International Monetary Fund said the US economy will outpace the euro-zone and Japan this year and next.
Wall Street Journal:
- General Motors was asked to provide the SEC with documents related to transactions with Delphi Corp.
Financial Times:
- Newspaper editors should "grasp" the "fast-developing reality" of the effect of growing Internet use on the print industry, citing News Corp. Chairman Rupert Murdoch.
China Daily:
- China aims to triple trade with Arab states in the next five years.
Late Buy/Sell Recommendations
Goldman Sachs:
- Reiterated Outperform on GE and DHR.
Night Trading
Asian Indices are -1.25% to -.25% on average.
S&P 500 indicated +.01%.
NASDAQ 100 indicated +.03%.
Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Before the Bell CNBC Video(bottom right)
Asian Indices
European Indices
Top 20 Business Stories
In Play
Bond Ticker
Analyst Actions
Macro Calls
Rasmussen Consumer/Investor Daily Indices
CNBC Guest Schedule
Earnings of Note
Company/EPS Estimate
SCH/.12
CREE/.25
DRL/.81
DJ/.10
ETN/1.23
EMMS/-.02
FDC/.50
FITB/.73
GTK/.33
JBHT/.51
LSTR/.27
PEP/.50
PGR/1.89
RMBS/.05
LUV/.05
SUNW/.00
UNH/1.13
Splits
None of note
Economic Releases
8:30 EST
- Initial Jobless Claims for last week are estimated to fall to 330K versus 334K the prior week.
- Continuing Claims are estimated to fall to 2651K versus 2688K prior.
- Business Inventories for February are estimated to rise .5% versus a .9% increase in January.
BOTTOM LINE: Asian indices are lower as exporters in the region decline on fears over slowing demand. I expect US equities to open modestly higher on a bounce from today's sell-off, however stocks may weaken later in the day on continuing worries over slowing growth. The Portfolio is 25% net long heading into tomorrow.
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