Today's action was focused on the comments from European Central Bank President Mario Draghi. During his press conference, Mr. Draghi failed to announce new measures to help stem the European debt crisis. The S&P 500 quickly dropped to 1,360 and hovered around that level until the final hour of the session. During the final 60 minutes stocks were able to recover a portion of their losses, and the S&P 500 finished down 0.7%.
Today after the close the following companies reported earnings: MX, ZIP, CPT, MXWL, PKI, RMD, SYNA, TPCG, EGOV, SBAC, CBS, CW, FEIC, IN, KND, OPEN, SRZ, UTI, AEL, AGNC, ATRC, AWK, CALD, DCT, ICFI, MXL, ONNN, PMC, SCOR, SKUL, SUN, SXL, VCLK, VOLC, ACLS, ACTV, ADUS, AHS, AIG, AIRM, AIV, AREX, AUTH, BAGL, BIRT, BODY, CEC, CPIX, CUBE, DLB, DRC, EBS, ED, ESC, EXEL, FFG, FLR, HAYN, HME, JOE, KFT , KOG, KRG, KTOS, LNKD, LPS, MAA, MCHP, MCHX, MFLX, MHK, MOVE, MTSC, MTZ, NAVG, NCMI, NFG, NTSP, OMPI, PCCC, PDLI, PSA, ROVI, RP, RWT, SD, SQI, SWIR, SWN, UEIC, ZAGG, ANDE, CLMS, GVA, MWE, ORCC, PBI, PRO, DEPO, EOG, HTGC, MELI, MTSI, NILE, RBCN, AGU, ATVI, ECPG, EXAM, LBTYA, MCP, PKT, ASEI, AONE, SMT, VSAT, XIDE
Futures are lower after hours: S&P 500 futures are -0.80 from fair value of 1360.6 and Nasdaq100 futures are -1.02 from fair value of 2619.52.
Tomorrow morning before the open four economic reports are scheduled to be released: 1) Nonfarm payrolls (Consensus 100k) and nonfarm Private Payrolls (Consensus 105k), 2) Unemployment rate (Consensus 8.2%), 3) Hourly Earnings (Consensus 0.2%), and 4) Average Workweek (Consensus 34.5).
Tomorrow before the open look for the following companies to report: ART, IMGN, PG, SUP, NYX, BZH, COT, GTN, WCG, CUB, HNT, IT, YRCW, BPL, BPO, ELT, FSS, ITT, LNT, MSG, NVAX, NWN, PNM, SIRO, TDS, USM, WCRX, XLS, EPAM, ETM, IXYS, TNP, ROLL






