Dow stocks at 52 week highs include AXP and JNJ. There are no Dow stock 52 week lows.

The Market

The Dow opened up +56 this morning and we are currently up +86.

The S&P Case-Shiller index, which tracks prices across the 20 largest markets in the nation, posted the biggest year-over-year gain in prices since June 2006. Home prices rose +8.1% in January from year-earlier levels, according to a reading released today. All 20 markets posted a year-over-year gain in home values, and the pace of increase picked up in every market except Detroit.

Boeing (BA) completed the first test flight for its troubled 787 Dreamliner since redesigning the aircraft’s battery system.

European markets are mostly higher and Asian markets ended mixed.

The national average price of gasoline is down nine-tenths of a cent to $3.658 per gallon.

Earnings Reports

The next Dow stock to report earnings will be Alcoa (AA), which will report 4/8/13 after the market close.

Mattress Firm Holding Corp. (MFRM) is expected to report fourth quarter EPS of $0.32 vs. $0.63 a year ago.

The Children’s Place (PLCE) is expected to report fourth quarter EPS of $1.04 vs. $0.87 a year ago.

SAIC (SAI) is expected to report fourth quarter EPS of $0.52 vs. a loss of $0.49 per share a year ago.

Financial Calendar

0110 ET Dallas Fed President Richard Fisher speaks in Abu Dhabi to Global Interdependence Center Banking Series on “An Economic and Monetary Policy Outlook: Where Does the United States Go from Here?

0830 ET Feb durable goods orders expected +3.9% m/m, Jan -4.9% m/m. Feb durable goods orders ex-transportation expected +0.5% m/m, Jan +2.3% m/m. Feb non-defense capital goods orders ex-defense expected -1.0% m/m, Jan +6.3% m/m.

0900 ET Jan Case-Shiller Composite-20 Home Price index expected +0.8% m/m and +7.9% y/y, Dec +0.9% m/m and +6.8% y/y.

1000 ET March Richmond Fed manufacturing index expected unch at 6.0, Feb +18.0 to 6.0.

1000 ET March U.S. consumer confidence (Conference Board) expected -2.1 to 67.5, Feb +11.2 to 69.6.

1000 ET Feb new home sales expected -3.9% to 420,000, Jan +15.6% to 437,000.

1300 ET Treasury sells $35 billion in 2-year T-notes.

1630 ET API weekly U.S. oil statistics.