Today, we have 4 Dow stocks at new highs. JPMorgan (JPM), Disney (DIS), Johnson & Johnson (JNJ) and 3M (MMM).
Weekly initial jobless claims came in at 366,000, marking a drop of 5,000 from the previous week.
This afternoon, the Federal Reserve will release data on consumer credit for December.
European markets are mostly up and Asian markets ended down.
A few notable stocks set to report earnings (with eps estimate) include:
Noble Energy Inc – NBL, Before market, $1.126
Scripps Networks Interactive Inc – SNI, Before market, $0.918
Exelon Corp – EXC, Before market, $0.647
Teradata Corp – TDC, Before market, $0.741
Philip Morris International Inc – PM, Before market, $1.223
Snap-on Inc – SNA , Before market, $1.368
Coca-Cola Enterprises Inc – CCE, Before market, $0.435
Sigma-Aldrich Corp – SIAL, Before market, $0.946
International Flavors & Fragrances Inc – IFF, Before market, $0.842
Cognizant Technology Solutions Corp – CTSH, Before market, $0.914
Starwood Hotels & Resorts Worldwide Inc – HOT, Before market, $0.651
Cigna Corp – CI, Before market, $1.478
Sprint Nextel Corp – S, Before market, $-0.45
Microchip Technology Inc – MCHP, After market close, $0.394
XL Group PLC – XL, After market close, $-0.359
CareFusion Corp – CFN, After market close, $0.523
Apartment Investment & Management Co – AIV, After market close, $0.502
0830 ET Weekly initial unemployment claims expected -8,000 to 360,000, previous +38,000 to 368,000. Weekly continuing claims expected -4,000 to 3.193 mln, previous +22,000 to 3.197 mln.
0830 ET Q4 non-farm productivity expected -1.4%, Q3 +2.9%. Q4 unit labor costs expected +3.0%, Q3 -1.9%.
0830 ET USDA weekly Export Sales.
0930 ET Fed Governor Jeremy Stein speaks on Â“Financial StabilityÂ” at a St. Louis Fed Conference on restoring household financial stability.
1500 ET Dec consumer credit expected +$14.0 bln, Nov +$16.045 bln.