NEW YORK (TheStreet) -- U.S. equities are rebounding on Tuesday, after selling off mildly on Monday. TheStreet's Jonathan Marino analyzes this morning's biggest headlines.
Russia President Vladimir Putin has ordered his country's troops to step back, lowering the tension in Ukraine, and thus, around the world.
In response, European stocks are moving higher. The FTSE 100 jumped 1.5%, the DAX is up 2.2%, and the CAC 40 climbed 2.3%.
In other news, Disney
(DIS) and Dish Network
(DISH) reached a deal that will force the latter to cut back on its Hopper feature for ABC programming, which allows viewers to skip over commercials.
Of course, Disney owns more than just ABC, with other lucrative brands including Disney TV and ESPN.
In return, Disney will allow Dish Network to stream more of its content online, which could have big implications for streaming sports in the future, Marino said.
In response, shares of Disney are higher by over 3%, while shares of Dish Network are only up 0.5%.
Jim Cramer, co-manager of the Action Alerts PLUS portfolio
, said he is a buyer of ServiceNow
, which is just off its recent highs.
The company topped recent earnings estimates and
guidance. Cramer expects the company to reiterate its plan to top $1 billion annual revenue by 2016.
-- Written by Bret Kenwell in Petoskey, Mich.