The major U.S. indices are all lower this morning, despite positive earnings from and job cuts at . Fed Chairman Bernanke is set to give a speech this afternoon, which has some traders cautious.

Crude futures for May delivery are up 0.5% to $62.17 per barrel after the EIA reported a build of 678K barrels. June gold futures are also up 0.3% to $683.60 per ounce.

Around Asia, the Shanghai Composite added 1.5% to close at 3,495.22, Hong Kong's Hang Seng added 0.5% to 20,449.43, and Tokyo's Nikkei closed flat at 17,670.07.

Stocks on the Move

Higher Aluminum Prices Add Luster To Q1 Results. AA shares add nearly 1%.

To Axe 17K Jobs; Sees $1.38 Bln Pre-tax Charge In Q1, $2.1 Bln Savings In FY07. C shares fall by 1.7%.

March Comp. Rises 12%, Sees Decline In April Comp.. TGT shares lose 1.25%.

Q1 Sales Rise 20%, Same-store Sales Up 8.5%; Gives Q1 EPS View; Lifts FY07 Forecast. TSCO shares jump over 11%.

Market Snapshot

Strongest & Weakest Sectors

Economic News

No economic reports released today.

-TradingMarkets Research