EmailAfter setting session lows 40 minutes before the close, stocks recovered some losses in the final minutes of trading. The S&P 500 and Nasdaq led the decline at nearly 1% each, with the Dow slightly outperforming at -0.8%. All sectors were in the red as energy, consumer discretionaries, and materials led the losses. Today's trading was driven by slim earnings outperformance coupled with lowered full year guidance from multiple firms. The only economic data of note came from the FHFA which reported the Housing Price Index. For May, the index increased by 0.8%, which follows a 0.8% increase in the prior month.
Today after the close the following companies reported earnings: LLTC, PLCM, ALTR, EZPW, RCKY, RVBD, TPX, VMI, ILMN, NFLX, WFT, WRB, AAPL, ACC, ACE, AFL, AMSG, BWLD, CBI, CENX, CHRW, CYMI, DUF, EEFT, EW, FTI, HA, HLIT, HTS, HWAY, IGT, IRBT, JNPR, MANH, NBR, NFX, NSC, PNRA, QCOR, RFMD, RHI, TRMK, TSS, UIS, USNA, VASC, WBSN, ZIXI, COG, FFBC, INFN, QGEN, RKT, RRC, AAN, BRCM, SU, TRIP, VOCS, MITK, CMRE, SUPX, CTRP, CPWR, BNNY
Futures are lower after hours: S&P 500 futures are -10.69 from fair value of 1333.39 and Nasdaq100 futures are -38.80 from fair value of 2561.05.
Tomorrow morning before the open, one economic report is scheduled to be released: 1) MBA Mortgage Index.
Tomorrow before the open look for the following companies to report: USG, NYB, PJC, CP, ARMH, CNI, COP, ALXN, FCF, FSRV, RSH, TROW, UMC, ATI, ATMI, AVX, BA, BKU, CAT, CBZ, CFR, CVE, DAL, DHX, ECA, ELN, FMBI, GD, GIB, GLW, HCBK, HES, ICON, JNY, LAD, LCC, LL, LLY, LO, MDCO, MKTX, MSA, MSI, MWV, NDAQ, NLSN, NOC, NOR, PX, RES, ROK, SLAB, SO, ST, TEL, TMO, TUP, WLP, WYN, AUO, BMY, CRI, DLR, JBLU, OCR, PDS, PEP, REGN, SLGN, SWI, F, PVR, DRH, WSO, FCH, PFCB, PNK, CBE, IACI, ARG, FLY, LVLT, AOL, MT
