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

The Market

The Dow is indicated to open up +48 points.

The Dow closed Monday down -5.69 (+0.04%) at 14,572.85.

Hewlett-Packard (HPQ) shares are down pre-market on fears that a new push into the server space is too late and Goldman Sachs also downgraded the firm to “sell.”

Bank of America (BAC) shares are up pre-market as the company is set to continue to benefit from foreign tax credits as it restructures its international operations.

European markets are higher and Asian markets ended mostly lower.

The national average price of gasoline is up three-tenths of a cent to $3.637 per gallon.

Earnings Reports

Global Payments Inc. (GPN) is expected to report third quarter EPS of $0.89 vs. $0.83 a year ago.

McCormick and Company (MKC) is expected to report first quarter EPS of $0.56 vs. $0.55 a year ago.

Financial Calendar

0945 ET Mar New York ISM index, Feb +2.1 to 58.8.

1000 ET Feb factory orders expected +2.9% m/m, Jan -2.0% m/m.

1300 ET Minneapolis Fed President Narayana Kocherlakota delivers speech entitled “Improving the Outlook with Better Monetary Policy” in Grandforks ND to the Chamber of Commerce.

1330 ET Atlanta Fed President Dennis Lockhart speaks at Kiwanis Club of Birmingham, Alabama.

1700 ET March total vehicle sales expected 15.30 mln, Feb 15.33 mln. March domestic vehicle sales expected 12.08 mln, Feb 11.99 mln.

1630 ET API weekly U.S. oil statistics.

1930 ET Richmond Fed President Jeffrey Lacker and Chicago Fed President Charles Evans discuss “Monetary Policy: Opportunities and Limit” at Virginia Commonwealth University 2013 Spring Investors Circle.