Market Flash: Market mixed to Down

Breakfast Bites: Equities trading in a narrow range, unable to shake of the negative sentiment from the past several days, hindered in party by overseas markets that due to a holiday yesterday are just getting a chance to react to Friday’s jobs data

  • Inventories at U.S. Wholesalers rose by 0.9%, more than forecast in February as companies tried to keep pace with stronger demand

  • The IBD / TIPP Economic optimism index improved by 1.8 points in April to 49.3

  • JOLT Job openings, positions waiting to be filled, totaled 3.5 million in February up from 3.48 million the previous month

  • Redbook reports US retail sales +0.8% for Apr-to-date vs. Mar. Sales +4.1% for w/e 7-Apr vs. year-ago week

  • SuperValu reports Q4 adjusted EPS 38c, consensus 35c. Reports Q4 revenue $8.23B, consensus $8.31B. Sees FY13 adjusted EPS $1.27-$1.42, consensus $1.19

  • Three Regional Fed Presidents speak today

  • China reports unexpected March trade surplus as import growth trailed forecasts

  • Bank of Japan keeps key rate, asset-purchase and credit lending programs unchanged

  • Confidence among U.S. small businesses dropped in March for the first time in 7 months to 92.5