DJIA Market Happenings For Thursday, April 17, 2014

Dow stocks at 52 week highs include Intel (INTC) and Johnson & Johnson (JNJ). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +15 points.

Wednesday, the Dow closed up +162.29 (+1.00%) at 16,424.85.

Year-to-date the Dow is down -0.92%.

American Express (AXP) reported Q1 EPS of $1.33, higher than consensus of $1.30.

General Electric (GE) reported Q1 EPS of 33 cents, better than consensus of 32 cents.

International Business Machines (IBM) shares are down nearly 4% in premarket trading after it reported Q1 adjusted EPS of $2.54, right on consensus, although Q1 revenue of $22.50 billion was below consensus of $22.91 billion.

The Labor Department today reported that jobless claims increased by 2,000 to 304,000 in the week ended April 12 from a revised 302,000 the prior period that was the lowest since September 2007. The median forecast called for an increase to 315,000. The total number of people receiving benefits fell to the lowest since the last recession began. The four-week average of claims, a less-volatile measure than the weekly figure, dropped to 312,000, the lowest since October 2007, from 316,750 the week before.

The main U.S. market indexes have rallied by roughly 2.5% over the past week.

My favorite indicator is flashing a buy this morning and I may get long again as long as my indicators don’t turn tail before the close. That said I probably won’t fully commit at this buy signal as it is not as committed as the 2/7/14 entry point was. Neither was the signal on 4/1/14 that ultimately failed. (And the markets are down now 6:50 am PDT) You know, it might be better to wait until Monday to buy back in. I guess I’m on the fence.

This is the last trading day of the week with the Good Friday holiday tomorrow.

European stocks are lower and Asian stocks ended mixed.

The national average price of gasoline is up four-tenths of a cent to $3.657 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) reported earnings on 4/16/2014 after the market close of $1.33/share beating consensus of $1.30/share.

International Business Machines (IBM) reported earnings on 4/16/2014 after the market close of $2.54/share, meeting consensus.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble (PG) will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Wednesday include:

American Express Company (AXP) reported first quarter EPS of $1.15, compared to last year’s EPS of $1.15 on revenue of $7.88 billion.

International Business Machines (IBM) reported first quarter EPS of $3.00, compared to last year’s EPS of $3.00 on revenue of $23.41 billion.

Bank Of America Corporation (BAC) reported a first quarter loss of $0.05, compared to last year’s EPS of $0.10 on revenue of $23.50 billion.

Google Inc. (GOOG) reported first quarter EPS of $10.00, compared to last year’s EPS of $0.23 on revenue of $503.85 million.

Stocks reporting earnings today include:

General Electric Company (GE) is expected to report first quarter EPS of $0.32 on revenue of $34.55 billion, compared to last year’s EPS of $0.39 on revenue of $35.01 billion.

Goldman Sachs Group, Inc. (GS) is expected to report first quarter EPS of $3.60 on revenue of $8.83 billion, compared to last year’s EPS of $4.29 on revenue of $10.09 billion.

Morgan Stanley (MS) is expected to report first quarter EPS of $0.62 on revenue of $8.69 billion, compared to last year’s EPS of $0.61 on revenue of $8.48 billion.

Pepsico, Inc. (PEP) is expected to report first quarter EPS of $0.75 on revenue of $12.43 billion, compared to last year’s EPS of $0.77 on revenue of $12.58 billion.

Today’s Featured Dow Stock

Visa Inc. (V)

Visa Inc. (V) is down -5.98% year-to-date.

Financial Calendar

0830 ET Weekly initial unemployment claims expected +15,000 to 315,000, previous -32,000 to 300,000. Weekly continuing claims expected +2,000 to 2.778 million, previous -62,000 to 2.776 million.

0830 ET USDA weekly Export Sales.

1000 ET Apr Philadelphia Fed manufacturing index expected +1.0 to 10.0, Mar +15.3 to 9.0.

1100 ET Treasury announces amounts of 2-year T-notes (previous $32 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Apr 22-24.

1300 ET Treasury auctions $18 billion 5-year TIPS.

The Dow Market Happenings For Wednesday, April 16, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +52 points.

Tuesday, the Dow closed up +89.32 (+0.55%) at 16,262.56.

Year-to-date the Dow is down -1.89%.

Intel (INTC) shares are up 1% in after-hours trading after it reported Q1 EPS of 38 cents, better than consensus of 37 cents, but dow from 40 cents last year.

UnitedHealth (UNH) was downgraded to ‘Neutral’ from ‘Buy’ at Citigroup.

European stocks are higher and Asian stocks ended mostly higher.

The national average price of gasoline is up one cent to $3.653 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) reported earnings on 4/15/2014 after the market close $0.38/share beating consensus of $0.37/share.

American Express (AXP) will report earnings on 4/16/2014 after the market close.

IBM will report earnings on 4/16/2014 after the market close.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble will report earnings on 4/23/14 before the market open.

Caterpillar (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Merck (MRK) will report earnings on 4/29/14 before the market open.

Notable earnings reports from Tuesday include:

Coca-Cola Company (KO) reported first quarter EPS of $0.44 on revenue of $10.58 billion, compared to last year’s EPS of $0.46 on revenue of $11.04 billion.

Intel Corporation (INTC) reported first quarter EPS of $0.38 on revenue of $12.76 billion, compared to last year’s EPS of $0.40 on revenue of $12.58 billion.

Johnson & Johnson (JNJ) reported first quarter EPS of $1.54 on revenue of $18.12 billion, compared to last year’s EPS of $1.44 on revenue of $17.50 billion.

CSX Corporation (CSX) reported first quarter EPS of $0.41 on revenue of $2.99 billion, compared to last year’s EPS of $0.45 on revenue of $2.96 billion.

Yahoo! Inc. (YHOO) reported first quarter EPS of $0.38 on revenue of $1.09 billion, compared to last year’s EPS of $0.38 on revenue of $1.07 billion.

Stocks reporting earnings today include:

American Express Company (AXP) is expected to report first quarter EPS of $1.29 on revenue of $8.36 billion, compared to last year’s EPS of $1.15 on revenue of $7.88 billion.

International Business Machines (IBM) is expected to report first quarter EPS of $2.54 on revenue of $22.94 billion, compared to last year’s EPS of $3.00 on revenue of $23.41 billion.

Bank Of America Corporation (BAC) is expected to report first quarter EPS of $0.28 on revenue of $22.51 billion, compared to last year’s EPS of $0.10 on revenue of $23.50 billion.

Google Inc. (GOOG) is expected to report first quarter EPS of $0.23 on revenue of $526.41 million, compared to last year’s EPS of $0.23 on revenue of $503.85 million.

Today’s Featured Dow Stock

Verizon Communications Inc. (VZ)

Verizon Communications Inc. (VZ) is down -4.52% year-to-date.

Financial Calendar

0700 ET Weekly MBA mortgage applications, previous -1.6% with purchase sub-index +2.7% and refi sub-index -4.9%.

0800 ET Fed Governor Jeremy Stein speaks at the Atlanta Feds Financial Markets Conference on the topic Was Quantitative Easing Needed to Unstick Markets? Or Has It Merely Sped Us Toward The Next Crisis?

0830 ET Mar housing starts expected +7.0% to 970,000, Feb -0.2% to 907,000. Mar building permits expected -0.3% to 1.010 million, Feb +7.3% to 1.014 million.

0915 ET Mar industrial production expected +0.5%, Feb +0.6% m/m. Mar manufacturing production expected +0.6%, Feb +0.8%. Mar capacity utilization expected +0.3 to 78.7%, Feb +0.3 to 78.4%.

1030 ET EIA Weekly Petroleum Status Report.

1130 ET Atlanta Fed President Dennis Lockhart delivers closing remarks at the Atlanta Feds Financial Markets Conference.

1215 ET Fed Chair Janet Yellen speaks to the Economic Club of New York.

1325 ET Dallas Fed President Richard Fisher speaks on the U.S> and regional economic outlook at the Texas Public Policy Foundation Conference in Austin, TX.

1400 ET Fed Beige Book.

DJIA Market Happenings For Tuesday, April 15, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +4 points.

Monday, the Dow closed up +146.49 (+0.91%) at 16,173.24.

Year-to-date the Dow is down -3.32%.

Coca-Cola (KO) reported Q1 EPS of 44 cents, right on consensus, although Q1 revenue of $10.58 billion was higher than consensus of $10.55 billion.

Excluding special items, Johnson & Johnson (JNJ) earned $1.54 per share. Consensus was for $1.48 per share. Sales rose 3.5 percent to $18.1 billion in the quarter, topping Wall Street forecasts of $18 billion.

International Business Machines (IBM) was downgraded to ‘Neutral’ from ‘Buy’ at Citigroup.

Analysts at FBR Capital maintained a Market Perform rating on JPMorgan Chase (JPM) with a price target of $55.

Analysts at Jefferies maintained a Buy rating on JPMorgan with a price target lowered to $68 from a previous $69.

Analysts at MKM Partners maintained a Buy rating on Merck (MRK) with a price target raised to $70 from a previous $64.

Analysts at Jefferies maintained a Hold rating on Merck with a price target raised to $61 from a previous $57.

Analysts at Jefferies maintained a Buy rating of Pfizer (PFE) with a price target lowered to $36 from a previous $38.

Analysts at Baird upgraded Visa (V) to Outperform with a $245 price target.

European stocks are lower and Asian stocks ended mixed.

The national average price of gasoline is up three-tenths of a cent to $3.638 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) reported earnings on 4/15/2014 before the market open of $0.44/share, meeting consensus.

Johnson & Johnson (JNJ) reported earnings on 4/15/2014 before the market open of $1.54/share, beating consensus of $1.48/share.

Intel (INTC) will report earnings on 4/15/2014 after the market close.

American Express (AXP) will report earnings on 4/16/2014 after the market close.

IBM will report earnings on 4/16/2014 after the market close.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble will report earnings on 4/23/14 before the market open.

Caterpiller (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Notable earnings reports from Monday include:

Citigroup Inc. (NYSE: C) reported first quarter EPS of $1.30 on revenue of $20.10 billion, compared to last year’s EPS of $1.23 on revenue of $20.49 billion.

J.B. Hunt Transport Services, Inc. (JBHT) reported first quarter EPS of $0.58 on revenue of $1.41 billion, compared to last year’s EPS of $0.61 on revenue of $1.29 billion.

M&T Bank Corporation (MTB) reported first quarter EPS of $1.66, compared to last year’s EPS of $1.98 on revenue of $1.09 billion.

Pinnacle Financial Partners, Inc. (PNFP) reported first quarter EPS of $0.47 on revenue of $58.60 million, compared to last year’s EPS of $0.39 on revenue of $54.66 million.

Stocks reporting earnings today include:

Coca-Cola Company (KO) is expected to report first quarter EPS of $0.45 on revenue of $10.61 billion, compared to last year’s EPS of $0.46 on revenue of $11.04 billion.

ntel Corporation (INTC) is expected to report first quarter EPS of $0.37 on revenue of $12.81 billion, compared to last year’s EPS of $0.40 on revenue of $12.58 billion.

Johnson & Johnson (JNJ) is expected to report first quarter EPS of $1.48 on revenue of $18.00 billion, compared to last year’s EPS of $1.44 on revenue of $17.50 billion.

CSX Corporation (CSX) is expected to report first quarter EPS of $0.41 on revenue of $2.99 billion, compared to last year’s EPS of $0.45 on revenue of $2.96 billion.

Today’s Featured Dow Stock

UnitedHealth Group Inc. (UNH)

UnitedHealth Group Inc. (UNH) is up +5.15% year-to-date.

Financial Calendar

0830 ET Apr Empire manufacturing index expected +2.39 to 8.00, Mar +1.13 to 5.61.

0830 ET Mar CPI expected +0.1% m/m and +1.4% y/y, Feb +0.1% m/m and +1.1% y/y. Mar CPI ex food & energy expected +0.1% m/m and +1.6% y/y, Feb +0.1% m/m and +1.6% y/y.

0830 ET Atlanta Fed President Dennis Lockhart speaks at the Atlanta Feds Financial Markets Conference.

0845 ET Fed Chair Janet Yellen delivers opening remarks at the Atlanta Feds Financial Markets Conference.

1000 ET Apr NAHB housing market index expected +3 to 50, Mar +1 to 47.

1500 ET Philadelphia Fed President Charles Plosser moderates a panel titled Adding Fuel to the Engine: Will More Private Liquidity Yield a Safer, More Efficient Financial System? at the Atlanta Feds 2014 Financial Markets Conference.

1600 ET Boston Fed President Eric Rosengren speaks at Husson University in Bangor, ME.

2000 ET Minneapolis Fed President Narayana Kocherlakota participates in a town hall forum in Fargo, ND.

The Dow Market Happenings For Monday, April 14, 2014

There are no Dow stocks at 52 week highs. There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open up +65 points.

Friday, the Dow closed down -143.47 (-0.89%) at 16,026.75.

Year-to-date the Dow is down -3.32%. Nasdaq is down -4.2%, S&P 500 -1.8% and Russell 2000 -4.5%.

Last week the Dow was down -2.4%, Nasdaaq -3.1%, S&P 500 -2.6% and Russell 2000 -3.6%.

JPMorgan Chase (JPM) shares were down Friday and are slightly lower in premarket trading after the bank reported first quarter revenue that missed expectations. Its earnings were also down sharply compared to the same quarter last year.

Johnson & Johnson (JNJ) are down in European trading after Jeffries downgraded the stock to ‘Hold’ from ‘Buy,’ citing valuation.

European stocks are lower and Asian stocks ended mixed.

The national average price of gasoline is up three-tenths of a cent to $3.638 per gallon.

Earnings Reports.

JPMorgan (JPM) reported earnings on 4/11/2014 before the market open of $1.28/share below consensus of $1.41/share.

Coca Cola (KO) will report earnings on 4/15/2014 before the market open.

Johnson & Johnson (JNJ) will report earnings on 4/15/2014 before the market open.

Intel (INTC) will report earnings on 4/15/2014 after the market close.

American Express (AXP) will report earnings on 4/16/2014 after the market close.

IBM will report earnings on 4/16/2014 after the market close.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Boeing (BA) will report earnings on 4/23/14 before the market open.

Procter & Gamble will report earnings on 4/23/14 before the market open.

Caterpiller (CAT) will report earnings on 4/24/14 before the market open.

3M (MMM) will report earnings on 4/24/14 before the market open.

Verizon VZ will report earnings on 4/24/14 before the market open.

Micrososft (MSFT) will report earnings on 4/24/14 after the market close.

Visa (V) will report earnings on 4/24/14 after the market close.

Notable earnings reports from Friday include:

Fastenal Company (FAST) reported first quarter EPS of $0.38 on revenue of $876.50 million, compared to last year’s EPS of $0.37 on revenue of $806.33 million.

JP Morgan Chase & Co (JPM) reported first quarter EPS of $1.28 on revenue of $22.99 billion, compared to last year’s EPS of $1.59 on revenue of $24.85 billion.

Wells Fargo & Company (WFC) reported first quarter EPS of $1.05 on revenue of $20.84 billion, compared to last year’s EPS of $0.92 on revenue of $21.26 billion.

Stocks reporting earnings today include:

Citigroup Inc. (C) is expected to report first quarter EPS of $1.18 on revenue of $19.61 billion, compared to last year’s EPS of $1.23 on revenue of $20.49 billion.

J.B. Hunt Transport Services, Inc. (JBHT) is expected to report first quarter EPS of $0.66 on revenue of $1.42 billion, compared to last year’s EPS of $0.61 on revenue of $1.29 billion.

Pinnacle Financial Partners, Inc. (PNFP) is expected to report first quarter EPS of $0.45 on revenue of $58.52 million, compared to last year’s EPS of $0.39 on revenue of $54.66 million.

Today’s Featured Dow Stock

United Technologies Corp. (UTX)

United Technologies Corp. (UTX) is down -0.11% year-to-date.

Financial Calendar

0830 ET Mar retail sales expected +0.9% and +0.5% ex autos, Feb +0.3% and +0.3% ex autos.

1000 ET Feb business inventories expected +0.5%, Jan +0.4%.

1100 ET USDA weekly grain export inspections.

1100 ET CBO releases updated 10-year baseline projections of federal spending, revenues and budget deficits.

1245 ET BOF Governor Christian Noyer moderates a panel discussion at the Europlace Financial Forum at the NYSE that includes Fed Governor Daniel Tarullo and BOK Deputy Governor Tae Soo Kang.

1600 ET USDA weekly crop progress.

DJIA Market Happenings For Friday, April 11, 2014

Dow stocks at 52 week highs include Caterpillar (CAT) and Merck (MRK). There are no Dow stock 52 week lows.

The Market

Premarket today, the Dow was indicated to open down -50 points.

Thursday, the Dow closed down -266.96 (-1.62%) at 16,170.22.

Year-to-date the Dow is down -2.45%.

JPMorgan Chase (JPM) fell nearly 2% in pre-market trading after it reported Q1 EPS of $1.28, below consensus of $1.38.

Personal note: I’m glad I’m still in cash.!

Markets are down this morning but TNA turned higher 11 minutes into the session.

European stocks are lower and Asian stocks ended lower.

The national average price of gasoline is up 1.1 cents to $3.623 per gallon.

Earnings Reports.

JPMorgan (JPM) will report earnings on 4/11/2014 before the market open.

Coca Cola (KO) will report earnings on 4/15/2014 before the market open.

Johnson & Johnson (JNJ) will report earnings on 4/15/2014 before the market open.

Intel (INTC) will report earnings on 4/15/2014 after the market close.

American Express (AXP) will report earnings on 4/16/2014 after the market close.

IBM will report earnings on 4/16/2014 after the market close.

Dupont (DD) will report earnings on 4/17/2014 before the market open.

General Electric (GE) will report earnings on 4/17/2014 before the market open.

Goldman Sachs will report earnings on 4/17/2014 before the market open.

UnitedHealth (UNH) will report earnings on 4/17/2014 before the market open.

McDonalds (MCD) will report earnings on 4/22/14 before the market open.

Travelers (TRV) will report earnings on 4/22/14 before the market open.

United Technologies (UTX) will report earnings on 4/22/14 before the market open.

AT&T (T) will report earnings on 4/22/14 after the market close.

Notable earnings reports from Wednesday include:

Family Dollar Stores, Inc. (FDO) reported second quarter EPS of $0.80 on revenue of $2.72 billion, compared to last year’s EPS of $1.21 on revenue of $2.89 billion.

Rite Aid Corporation (RAD) reported fourth quarter EPS of $0.10 on revenue of $6.60 billion, compared to last year’s EPS of $0.13 on revenue of $6.46 billion.

Shaw Communications Inc. (SJR) reported second quarter EPS of $0.46 on revenue of $1.27 billion, compared to last year’s EPS of $0.38 on revenue of $1.25 billion.

Stocks reporting earnings today include:

Fastenal Company (FAST) is expected to report first quarter EPS of $0.38 on revenue of $870.87 million, compared to last year’s EPS of $0.37 on revenue of $806.33 million.

JP Morgan Chase & Co (JPM) is expected to report first quarter EPS of $1.43 on revenue of $24.67 billion, compared to last year’s EPS of $1.59 on revenue of $24.85 billion.

Wells Fargo & Company (WFC) is expected to report first quarter EPS of $0.96 on revenue of $20.65 billion, compared to last year’s EPS of $0.92 on revenue of $21.26 billion.

Today’s Featured Dow Stock

Travelers Companies Inc. (TRV)

Travelers Companies Inc. (TRV) is down -6.13% year-to-date.

Financial Calendar

0830 ET Mar PPI expected +0.1% m/m and +1.1% y/y, Feb -0.1% m/m and +0.9% y/y. Mar PPI ex food & energy expected +0.2% m/m and +1.1% y/y, Feb -0.2% m/m and +1.1% y/y.

0955 ET Preliminary U.S. Apr University of Michigan consumer confidence expected +1.5 to 81.5, Mar -1.6 to 80.0.