EmailEquities began the session with an opening sell-off as disappointing earnings combined with Moody's downgrade of five Spanish regions fueled the bearish sentiment. Stocks reached session lows during the first hour before attempting to rebound. The tech-heavy Nasdaq showed intraday resilience, but the attempt to reclaim its early losses was cut short when late-day selling sent the index back near the middle of its range. As a result the Nasdaq ended lower by 0.9% while S&P 500 lost 1.4%.
Today after the close the following companies are scheduled to report earnings: FBC, CTS, STM, VMW, ACE, AFL, ALTR, AMSG, BRCM, BWLD, CBI, CHRW, CMRE, EEFT, FTI, HA, HLIT, HTS, ILMN, IRBT, JNPR, NBR, NFLX, NFX, NSC, PLCM, PNRA, QCOR, RFMD, TPX, TRMK, TSS, UIS, UMBF, USNA, WBSN, ZIXI, BCR, IBKC, QDEL, ABAX, AMGN, FB, FBHS, GILD, MOH, CLS, INVN, CGI, BBRG, CPTS, HBI, ITC, MRCY, ANEN, BXP, BKI, SMCI, WSH
Futures are higher after hours: S&P 500 futures are +0.51 from fair value of 1408.29 and Nasdaq100 futures are +4.83 from fair value of 2659.67.
Tomorrow morning before the open one economic report is scheduled to be released: 1) MBA Mortgage Index.
Tomorrow before the open the following companies are scheduled to report earnings: CMC, SEIC, ARB, ENTG, USAP, AEP, SAP, AVY, EMC, LMT, NWE, RCI, SIX, T, ALXN, ATI, ATMI, BA, BMY, CFR, CP, DAL, DHX, ECA, ELN, FCF, FSRV, GD, GLW, HCBK, IACI, JNY, LAD, LCC, LL, LLY, LO, LVLT, MDCO, MSA, MSI, NDAQ, NOC, NOR, NUVA, NYB, PNK, PVR, PX, REGN, RES, ROL, SLAB, SLGN, TMO, TROW, TUP, WYN, DPS, IMN, KMB, KMT, NEE, SXC, TNC, DTE, PB, PEI, OC, EAT, SRI
