2. 5 . The dax in germany up by 2. 25 . In italy, stocks are up by 3 . Oil prices hit their highest levels since november yesterday. You do see a little bit of a retreat this morning after comments from an official in saudi arabia. Right now you see that wti is down by 64 cents. Still well above 40 at 41. 53. Just days ahead of a meeting of key oil producers, saudi arabias oil minister has reportedly ruled out an output cut. Of course, yesterday the huge rally was sparked by a Russian News Agency report that russia and saudi arabia had agreed to cuts. Still, you have a lot of things coming in. The expectation that low prices are really starting to cut in places like latin america and here in the united states. Lets get you caught up on some of the big stories happening today. Bank earnings likely to set the tone for trading today. Jpmorgan is the big one. Its happening at 6 45 a. M. Eastern time. Well bring you that news when it happens. Analysts expecting earnings of 1. 26 per share o