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From Between the Hedges:

Late-Night Headlines

Bloomberg:
- Hong Kong’s economy grew last year at the second-fastest pace since 2000, powered by rising exports and consumer spending.

Wall Street Journal:
- Boeing Co.(NYSE:BA) is working on a verbal agreement to sell 80 of its 737 planes to China, which agreed to buy 70 of the jetliners in November.

Fox News:
- The Organization of the Islamic Conference rejected calls in Pakistan for the death of the Danish cartoonist who depicted the prophet Muhammad.

Tex Report:
- Posco, a South Korean steelmaker, may revise its domestic steel prices lower in March amid competition from cheaper Chinese imports.

Digitimes:
- Sony Corp.(NYSE:SNE) pushed back the debut of its PlayStation 3 game console until August because of high component prices and inadequate levels of copy protection.

Late Buy/Sell Recommendations
Goldman Sachs:
- Reiterated Outperform on (NYSE:WEC), (NYSE:TYC), (NASDAQ:MRVL) and (HRZ).
- Reiterated Underperform on (NYSE:SAH), (NYSE:FSS) and (NYSE:MRK).

Night Trading
Asian Indices are -1.50% to unch. on average.
S&P 500 indicated -.02%.
NASDAQ 100 indicated -.03%.

Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Before the Bell CNBC Video(bottom right)
Global Commentary
Asian Indices
European Indices
Top 20 Business Stories
In Play
Bond Ticker
Daily Stock Events
Macro Calls
Rasmussen Consumer/Investor Daily Indices
CNBC Guest Schedule

Earnings of Note
Company/EPS Estimate
- (NYSE:ARW)/.58
- (NASDAQ:ESRX)/.75
- (NASDAQ:GRMN)/.70
- (HET)/.56
- (NASDAQ:HSIC)/.58
- (JLG)/.48
- (NYSE:MSO)/.15
- (NYSE:OMX)/.07
- (RHD)/.86
- (NYSE:CRM)/.05
- (NASDAQ:SINA)/.22
- (NYSE:S)/.34
- (NYSE:TK)/1.80
- (NYSE:TJX)/.44
- (NYSE:UNT)/1.61
- (NASDAQ:VIA)/.47

Upcoming Splits
- (NYSE:CCJ) 2-for-1
- (NYSE:BTU) 2-for-1

Economic Releases
8:30 am EST
- The Consumer Price Index for January is estimated to rise .5% versus a .1% decline in December.
- The CPI Ex Food & Energy for January is estimated to rise .2% versus a .1% gain in December.

BOTTOM LINE: Asian indices are mostly lower, weighed down by exporters in the region after the US Fed minutes led traders to conclude more rate hikes were forthcoming. I expect US equities to open modestly lower and to trade modestly higher into the afternoon, finishing mixed.

Source: Wednesday Pre-market US: Key News & Data