Looking at the oil market, clearly, the market wanted more as the 6 or 9-month extension was getting priced-in ahead of today's meeting. There were high expectations to see a deeper cut beyond the 1.8 million barrels per day initially put in place. Since there was nothing more to the deal than an extension, July crude oil dropped $2.48 (or -4.8%) to end the day at $48.87/barrel.
Today after the close the following companies are scheduled to report earnings/did report: RRTS, EGHT, DECK, LGF.A, AXON, BRCD, SPLK, ZOES, VEEV, COST, MRVL, NTNX, VNET, QADA, ULTA, GSUM, CAL, GME, FND.
Futures are mixed after hours: S&P 500 futures are -0.50 from fair value of 2,414 and Nasdaq100 futures are +3.25 from the fair value of 5,780.
Tomorrow morning, economic reports scheduled to be released include: Durable Orders (08:30am ET, Consensus -1.8%), Durable Goods --ex transportation (08:30am ET, Consensus 0.4%), GDP - Second Estimate (Consensus 0.8%), GDP Deflator - Second Estimate (Consensus 2.3%).
Tomorrow before the open the following companies are scheduled to report earnings: TOUR, BIG.