OREANDA-NEWS. March 13, 2012. The US indices closed flat on Monday. S&P 500 Index added 0.02% while Russell was down by 0.33% with Utilities (+1.11%) as leaders and Materials (-0.6%) as the laggards. Put/call ratio went up to 1.56 and 90-110% was unchanged at 10.9. Advance/Decline ratio was at 221/271 with daily volumes lowest since 2008.

Of 281 DJ Stoxx 600 companies 133 topped expectations while 133 missed estimates as earnings season was going to its final. Still revision momentum is going upwards both in Europe and the US.

Second EU Greek agreement, FOMC meeting expectations drove stocks higher on Tuesday.

Hang Seng rose by 1.09%, Japanese Nikkei was up by 0.29%. S&P/ASX 200 added 1.21%. Chinese indices closed mixed on average.

ZEW indices for Europe, US Retails sales, FOMC 1-day meeting results will be in focus today.

Earnings season will go on in the US with 1 S&P 500 company and 13 DJ Stoxx 600 companies to report.