The major averages finished the month on a flat note, settling with monthly losses across the board. Participants preferred a cautious approach at the beginning of the week as a glut of earnings reports and economic data remained in sight. The Nasdaq Composite was little changed, ending October down 2.3%. Meanwhile, the S&P 500 also settled flat, finishing the month lower by 1.9%.
Today after the close the following companies are scheduled to report earnings: TSO, THC, APC, OLN, DK, KBR, TEX, AMKR, CPS, GPRE, CBT, VNO, AWH, GGP, CHMT, SYKE, BWXT, AEGN, TLLP, OGS, SSW, ARE, HVT, JBSS, RYAM, STRL, OHI, IDTI, APAM, HMN, CGNX, PLOW, RAIL, AEIS, DKL, MPWR, OFIX, HTLF, PPS, NLS, LMNX, EXAC, HCLP, BDE, INST, WSR, MCEP, PQ, & BCRH.
Futures are modestly higher after hours: S&P 500 futures are +3.25 from the fair value of 2,120 and Nasdaq100 futures are +9.5 from fair value of 4,794.
Tomorrow morning, economic reports scheduled to be released include: ISM Index (10:00 ET, Consensus 51.7), Construction Spending (10:00 ET, Consensus 0.5%), and Auto & Truck Sales are expected to all be out by 14:00 ET.
Tomorrow before the open the following companies are scheduled to report earnings: SNE, BP, RDS.A, PFE, LYB, EMR, ETN, AEP, CMI, SHPG, WCG, ECL, TRI, WNR, OXY, SAH, FIS, MOS, HRS, OSK, EVHC, SPR, DISCA, BKD, MLM, ICE, COH, AME, FDP, NI, IRM, XYL, PBI, MSM, NSP, MDC, HCP, WNRL, CNX, EGL, GWR, IDXX, GLT, SHOO, WLB, RDC, SCAI, AVA, HW, MCRN, EIGI, RHP, INCY, GK, HZO, FCH, SUI, CBZ, AYR, KEM, FSS, AMRC, DIN, APLP, GPX, ANGI, ADPT, PRTS, SALE, PES, MBUU, DHX, RDWR, CRCM, TWIN, AUDC, ARRY, HSKA, OXFD, AHH, ALLT, GHM, DX, LXRX, & CIE
L Brands (LB) shares are down 5% in extended trading after the company tempered its expectations for the third quarter ahead of tomorrow's annual investor meeting with shareholders. Elsewhere, Terex (TEX) reported its third quarter results and lowered its fiscal year profit outlook amid continued softness in its cranes segment.