The markets are higher ahead of the long Memorial Day weekend, and as expected, both volume and the news flow are light.
The Dow up up 38 points (0.2%), the S&P is up 3 points (0.2%), and the Nasdaq is up 7 points (0.2%).
The big story of the day is Vladimir Putin’s appearance on CNBC, during which he called the ouster of Ukrainian president Viktor Yanukovych a “coup d’état.” Putin also said Russia’s gas deal with China will enable the country to be a swing gas producer between Europe and Asia.
The biggest stock story of the day is Hewlett-Packard, which last night reported earnings, which were mistakenly released before the bell. The company reported an in-line quarter and announced another huge round of layoffs, with up to 16,000 employees potentially on the chopping block.
In morning trade HP shares are up more than 4%.
Some other stocks that are moving include:
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.