The benchmark S&P 500 (+0.2%) registered its second win of the week on Wednesday, settling near the top of its trading range, but activity was subdued with only 886.2 million shares changing hands at the NYSE floor following the July Fourth holiday. The Nasdaq (+0.7%) outperformed while the Dow (unch) lagged, finishing just a tick below its unchanged mark. Also of note, the small-cap Russell 2000 underperformed, settling lower by 0.5%.
Today after the close the following companies are scheduled to report earnings: MLHR, PSMT, & YUMC.
Futures are mixed after hours: S&P 500 futures are -0.62 from the fair value of 2,430 and Nasdaq100 futures are +2.50 from fair value of 5,653.
Tomorrow morning, economic reports scheduled to be released include: MBA Mortgage Applications Index (07:00 ET), Challenger Job Cuts (07:30 ET), ADP Employment Change (08:15 ET; Briefing.com consensus 185K), Initial Claims (08:30 ET; Briefing.com consensus 244K), Continuing Claims (08:30 ET), Trade Balance (08:30 ET; Briefing.com consensus -$46.1B), ISM Services (10:00 ET; Briefing.com consensus 56.6), Natural Gas Inventories (10:30 ET), Crude Inventories (11:00 ET).
Tomorrow before the open the following companies are scheduled to report earnings: AZZ.
In extended trading, Herman Miller (MLHR) is up 7% after reporting its fiscal fourth quarter results and boosting its quarterly dividend. Elsewhere, Egalet (EGLT) is down 19% after announcing that it was planning to offer and sell shares of its common stock and warrants to purchase shares of common stock in an underwritten public offering.