The stock market recorded its second consecutive loss on Thursday, but once again, investor participation was on the light side as some participants decided to sit out the pre-holiday session. The S&P 500 shed 0.2% while the Nasdaq (-0.4%) underperformed. Small caps faced a bit more selling, sending the Russell 2000 lower by 0.9%.
Today after the close the following companies are scheduled to report earnings: CALM & CTAS.
Futures are mixed higher after hours: S&P 500 futures are +0.75 from the fair value of 2,257 and Nasdaq100 futures are -3 from fair value of 4,937.
Tomorrow morning, economic reports scheduled to be released include: Michigan Sentiment - Final (10:00 ET; Briefing.com consensus 98.2) & New Home Sales (10:00 ET; Briefing.com consensus 573K)
Tomorrow before the open the following companies are scheduled to report earnings: None.In extended trading, Cintas (CTAS) shares are down 3.5% despite the company reporting an in-line quarter and raising its fiscal year guidance. Elsewhere, shares in Lockheed Martin (LMT) are down 2% after President-Elected Donald Trump tweeted a criticism of the cost of the company's F-35 program. Trump wrote, "Based on the tremendous cost and cost overruns of the Lockheed Martin F-35, I have asked Boeing to price-out a comparable F-18 Super Hornet!" In contrast, shares of Boeing (BA) are up 0.8% on the development.