NewsWare’s Trade Talk: Tuesday, March 26

S&P Futures are display indications of a strong opening this morning. While Fridays PCE report is the key economic release of the week, today markets will be paying attention to a host of key economic data points including Durable Goods for February, the Case-Shiller Home Prices Index for January and Consumer Confidence data for March. On the Eanings front, Spice maker McCormick (MKC) deliver a positive earnings against weak expectations, (it was the stock of the day yesterday on NewsWare's Trade Talk podcast). MMM announces settlement in earplug litigation. European markets are higher in cautious trading and Oil prices are flat to higher this morning ahead of pending stockpile reports.