Equities started the day on a down note before staging a slow climb towards session highs. With thin volume and economic data largely in-line, today's action occurred mostly around the unchanged line. An afternoon push attempted to lift stocks to a higher close but the move lacked conviction. As a result, the Nasdaq ended higher by 0.5% while the S&P 500 and Dow finished flat.
Today after the close the following companies reported earnings: A, MIPS, AVNW, CACI, CSCO, SINA, HOTT, LTD, NTES, AMAT, PETM, AFCE, NTAP, TAOM
Futures are higher after hours: S&P 500 futures are +1.48 from fair value of 1403.12 and Nasdaq100 futures are +6.43 from fair value of 2734.57.
Tomorrow morning before the open, three economic reports are scheduled to be released: 1) Initial Claims (Consensus 368k) and Continuing Claims (Consensus 3332k), 2) Housing Starts (760k), and 3) Building Permits (Consensus 755k).
Tomorrow before the open look for the following companies to report: LYTS, GKSR, PRGO, ARX, BKE, BONT, CATO, DANG, DLTR, GME, PERY, PLCE, ROST, SHLD, SMRT, SSI, WMT, EJ






