U.S. Markets closed

Durable goods fall; Walmart's political stand; Olive Garden's real estate

Stocks (^GSPC) are set to build on Monday's gains as investors remain optimistic a deal will be worked out between Greece and its creditors.

Yahoo Finance Senior Columnist Michael Santoli thinks the markets are already anticipating that outcome.

"It's mostly getting priced in here," he argues. "To me, the direction of surprise would be to the downside if we don't get a deal as opposed to some great celebration if we get what we expect."

Santoli also doesn't think the Commerce Department report showing durable goods orders in May fell 1.8% will have a big impact on Wall Street today.

"There was an increase in those numbers of 0.5% when you exclude transportation orders, a lot of people do that," he explains. "There seems to be this general sense that there's some kind of pent-up demand for capital goods out there.  But right now I think it's just a slow and steady increase, probably not a major market mover at the moment."

Related: What matters most for markets' next move

Get the Latest Market Data and News with the Yahoo Finance App

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

BlackBerry (BBRY) shares are on the move in early trading. The smartphone maker reported a wider-than-expected loss in the first quarter and revenue also missed estimates. But its software and technology licensing revenue jumped more than 150% in its first quarter. 

Darden Restaurants (DRI) shares are soaring this morning. The owner of Olive Garden and other restaurant chains is joining the growing list of companies that are spinning off their real estate assets to raise cash and pay down debt.  Darden said it would transfer 430 of its restaurants into a publicly traded real estate investment trust, and then lease back most of the properties. The company made the announcement after reporting better-than-expected earnings and revenue in its fiscal fourth quarter.

Related: Darden hits new high on REIT plan; BlackBerry's bright spot; Green Dot soars on Walmart deal

Sonic (SONC) shares are sharply lower in early trading. The drive-in restaurant chain raised its outlook for the year, but warned the "macroeconomic environment may impact results." The company also reported earnings per share that met analysts' estimates for its fiscal third quarter. Revenue came in slightly above forecasts, rising 8% from a year earlier.

Green Dot (GDOT) shares are seeing plenty of green this morning after the company reached a new five-year deal with Walmart (WMT) to issue and manage the retailer's prepaid reloadable debit cards. Separately, Green Dot also announced a $150 million stock buyback.

Big retailers stop sales of Confederate flag items

Walmart, Sears and Kmart (SHLD) are pledging to remove all Confederate flag merchandise from their stores, in the wake of last week's mass shooting in South Carolina. A Walmart spokesman told reporters that the company doesn't want to offend anyone with their products.

Chinese e-commerce site Alibaba (BABA) is selling its U.S, subsidiary, 11 Main, after it failed to gain traction. This was Alibaba's first major foray into the American online shopping market. Yahoo (YHOO) the parent of Yahoo Finance, holds about a 15% stake in Alibaba.

We have another public offering on its way. Planet Fitness just filed for an IPO, and is looking to raise $100 million. The gym chain operator plans to list on the NYSE under the ticker "PLNT"

Related: Planet Fitness flexes IPO muscle