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Post: Tuesday - Only two down Tuesdays so far in 2014. | Daily Delphi

BlogsPit Talk › Tuesday - Only two down Tuesdays so far in 2014. May 6, 2014, 6:50 am

CALENDAR
7:30 AM CT
Trade Balance for Mar
Prior -42.3B Forecast -$42.5B

TODAY'S ACTION
Overnight the Asian indices were down and European indices are trading lower in midsession trade. Looking at today's US trade, the Census Bureau is expected to report the trade balance at -$42.3B. On the corporate front, both DirecTV (DTV) and Office Depot (ODP) have reported better than expected earnings this morning. Groupon (GRPN), Disney (DIS) and Whole Foods (WFM) will report after the close. For the rest of the week the big movers will be testimony from Federal Reserve Chairman Janet Yellen on Wednesday, a meeting of the European Central Bank on Thursday, and ongoing tensions in Ukraine.


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