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GDP: The government releases its reading on 1st quarter GDP Wednesday; economist are expecting a reading of -4.7%.
I don't know if the number will move the market, says Guy Adami.
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HESS EARNINGS: Street analysts expect Hess [HES
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] to report a loss of 23 cents a share; however last week Goldman put this stock on its prestigious “Conviction Buy” list.
There's been a lot of call activity in this stock over the last few days, adds Pete Najarian.
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BUY REAL ESTATE? Sandler O'Neill initiated coverage of the major REITs today; with Boston Properties [BXP
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] reporting Wednesday, could now be the time to buy the REITs?
I have a buy on Boston Properties, says Sandler O’Neill analyst Alex Goldfarb.
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NO. 1 STEELMAKER: Arcellor Mittal [MT
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] reports earnings on Wednesday; the firm is expected to show a net loss of $594 million. That compares with net income of $2.37 billion, or $1.68 a share, a year earlier.
They're in a difficult situation, says Tim Seymour. Steel demand isn't going up.
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AETNA EARNINGS: The health care provider Aetna [AET
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] reports earnings Wednesday morning; analysts expect a first quarter profit of $0.93, an increase of just over 1% from last year.
I think valuations are attractive, muses Karen Finerman.
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