Frontrunners for the presidential election moved forward in their bids during Super Tuesday. Republican Donald Trump and Democrat Hillary Clinton failed to sweep the primaries and caucuses but both won a majority of contests. Meanwhile, Asia and European stocks followed Wall Street’s monster rally Tuesday. The Sports Authority filed for Chapter 11 bankruptcy protection this morning and could shut down in the coming weeks unless it finds a buyer for its business. The company operates about 450 stores and would need to close them by the end of April if it can’t find a way to put more money into the business. The former CEO of Chesapeake Energy (CHK) Aubrey McClendon has been indicted on charges of conspiring to rig bids for oil and natural gas leases. ADP releases its survey of private job growth today. It’s a big day for analyst and investor meetings with Exxon Mobil (XOM), Target (TGT) and Honeywell (HON) all hosting meetings. The Federal Reserve releases its Beige Book of economic conditions.
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