EmailStocks began today's session on a negative note after two technology bellwethers reported disappointing earnings. However, the cautious sentiment was short-circuited when today's housing starts report revealed its highest reading since July 2008. The major averages reacted by staging a steady climb to their respective session highs. A brief afternoon stumble followed, but the move was promptly retraced as the S&P 500 returned to its prior level, and closed higher by 0.4%.
Today after the close the following companies are scheduled to report earnings: ALB, AF, AXP, CCK, CLB, CVA, CVBF, CYS, EBAY, EPB, EWBC, GHL, HNI, HOMB, LHO, MLNX, NE, NVEC, PTP, RLI, SCSS, SLM, SYK, UMPQ, WERN, XLNX, ALGN, KMP, UFPI, STLD, ETH, LRCX
Futures are higher after hours: S&P 500 futures are +0.22 from fair value of 1456.08 and Nasdaq100 futures are +2.10 from fair value of 2769.65.
Tomorrow morning before the one economic report is scheduled to be released: 1) Initial Claims (Consensus 360k) and Continuing Claims (Consensus 3273k).
Tomorrow before the open the following companies are scheduled to report earnings: SVU, HLSS, ADS, BAX, BBT, BX, CY, DHR, DO, FCS, FITB, GMT, GPC, HBAN, HUB.B, IIIN, KEY, LH, LTM, LUV, MS, NOK, NTCT, NUE, ORB, POOL, PPG, SASR, SNA, SON, SYNT, TRV, UNP, UTEK, VZ, WCC, PENN, PII, USG, BSX, VAC, BGG
