rallied on Thursday, recouping just about all of their weekly losses, as
investors cheered the latest batch of first quarter earnings. The S&P 500
and the Dow Jones Industrial Average advanced 1.0% apiece, while the tech-heavy
Nasdaq Composite did even better, jumping 1.6%, as technology shares set the
Today after the close, companies to report earnings results, or have already report, include: CAMP, RMD, DFS, ETH, ABAX, FHB, FICO, FII, FLEX, HTH, INTC, ISBC, KLAC, MATW, MSTR, MXIM, NBHC, SBCF, SBUX, SIVB, TMST, WDC, PFG, RGA, BOFI, NATI, SYK, TFSL, MSFT, VRTX, X, AMZN, ATHN, CY, EMN, ENVA, FBHS, MAT, OMCL, OSIS, POWI, SKYW, LEG, NOV, PFPT, PRO, SGEN, SIMO, SPSC, ELY, KN, CBL, COLM, ELLI, EXPE, FTV, HIG, HUBG, IMPV, MHK, MOBL, NR, OFC, TCO, VCRA, VRSN, VVI, AMKR, ATR, CHGG, BIDU, AEM, CAI, CLD, CUBE, CXP, DLR, LOGM, NUS, BYD, TS, BCOV, BJRI, CVA, EXAS, FIX, FSLR, INT, LJPC, LUK, PEB, ATRC, EHC, ROG, STAY, SWN, TNDM, BOOM, GCAP.
Futures are higher after hours: S&P 500 futures are +8.00 vs. fair value of 2665 and Nasdaq 100 futures are +89.25 vs. fair value of 6653.
In economic data, tomorrow morning: GDP-Adv. (8:30am ET; Briefing.com Consensus 2.1% from 2.9% in the prior quarter), Chain Deflator-Adv. (8:30am ET; Briefing.com Consensus 2.2% from 2.3% in the prior quarter), Employment Cost Index (8:30am ET; Briefing.com Consensus 0.7% from 0.6% in the prior quarter).
Tomorrow before the open, look for the following companies to report: BANC, CLS, CL, COL, HRC, MOG.A, PFS, DM, FBP, WRK, ALV, CNHI, DOV, GLOP, SPG, HMC, SNE, WY, CHTR, CVX, IMO, LYB, PSX, PSXP, SAIA, VRTS, WETF, XOM, SNY, CCJ, MCO, TEN, VTR, HTLD, NRZ, IPG, POR, TRP, TYPE, VFC, AIMC, COG, PNM, ERJ.
Looking over at the energy space...
The Department of Energy released its weekly natural gas storage data for the week ended April 20:
- Natural Gas inventory showed a draw of 18 bcf vs a draw of 36 bcf in the prior week
- Working gas in storage was 1,281 Bcf as of Friday, April 20, 2018, according to EIA estimates. This represents a net decrease of 18 Bcf from the previous week. Stocks were 897 Bcf less than last year at this time and 527 Bcf below the five-year average of 1,808 Bcf. At 1,281 Bcf, total working gas is within the five-year historical range
- June natural gas futures rose as a results of the day, settling the day $0.05 higher at $2.84/MMBtu