Equities began today's session amid optimism regarding a potential fiscal cliff compromise. In addition, headlines out of Europe indicated the next tranche of Greek aid will likely come through before December 5. The positive sentiment lifted the S&P 500 to its session highs during the opening minutes. The benchmark average maintained these levels throughout the day before seeing a final round of buying which ran it to session highs into the close. Meanwhile, the Nasdaq outperformed with a gain of 2.2%.
Today after the close the following companies are scheduled to report earnings: A, CRMT, BOBE, BRCD, DY, JACK, KKD, NUAN, PWRD, QIHU, SCVL, XUE, URBN
Futures are lower after hours: S&P 500 futures are -2.49 from fair value of 1384.29 and Nasdaq100 futures are -8.42 from fair value of 2593.92.
Tomorrow morning before the open one economic report is scheduled to be released: 1) Housing Starts (Consensus 840k) and Building Permits (Consensus 870k).
Tomorrow before the open the following companies are scheduled to report earnings: AMWD, BBY, BWS, CPB, CHS, CTRN, DAKT, DSX, DSW, FRED, HPQ, HNZ, HRL, NRGY, JKS, KIRK, MDT, NM, PDCO, SIG, TECD, TSL, VAL






