EmailThe major averages finished higher despite showing indecision in the early part of the session. The fiscal cliff remained the focal point, and investors showed optimism in Washington's ability to get a deal done. Lawmakers from both sides of the aisle continued to exchange jabs, and Speaker Boehner said the President and the Democrats have not done enough to avoid falling off the cliff. Mr. Boehner touted the proposal he put forth, which is expected to face a House of Representatives vote tonight around 19:30 ET. The S&P 500 gained 0.6% ahead of this evening's vote.
Today after the close the following companies are scheduled to report earnings: CAMP, CTAS, MU, NKE, RHT, RIMM, RECN, TIBX
Futures are higher after hours: S&P 500 futures are +2.38 from fair value of 1438.02 and Nasdaq100 futures are +3.11 from fair value of 2689.14.
Tomorrow morning before the open four economic report are scheduled to be released: 1) Personal Income (Consensus 0.3%), 2) Personal Spending (Consensus 0.3%), 3) PCE Prices - Core (Consensus 0.1%), and 4) Durable Orders (Consensus 0.2%) and Durable Orders -ex Transportation (Consensus -0.2%).
Tomorrow before the open the following companies are scheduled to report earnings: NX, WAG
