The Market On Tuesday

  Good morning. It is 17 degrees and sunny here in the Upper Hudson Valley. The forecast is promising a return to warmer temperatures starting today and the 60 degree day once promised for Thursday is now downgraded to 50 degrees. I wonder if it's going to get hot here this Summer and considering how unusual the temperatures have been it could go either way, scorcher or cool. We see there is this horrible plane crash in France, god help them, it's beyond tragic. It's a terrifying way to go, and I hope that it never happens again. Even imagining the plane descending and the screaming, it's paralyzing.

  At 8:30 a.m. ET futures are slightly lower and the price of oil per barrel is holding at around $47.50 a barrel. The market is poised to open lower.

  The article indicates that the E.U. is progressing out of it's long drawn out recession and that China is losing some steam to it's runaway growth economy. News on inflation in February is scheduled to come out soon and with the lower price of oil one suspects the news is minimal. Presently with the dollar slightly weaker against major currencies, the price of oil has risen a few dollars.

CNN: Stocks: 6 things to know before the open

The U.S. Bureau of Labor Statistics is releasing inflation data for February at 8:30 a.m. ET.