afternoon rally left the U.S. equity market little changed on Wednesday as
investors contemplated the resignation of White House Chief Economic Advisor
Gary Cohn. The S&P 500 finished a tick below its flat line (-0.1%),
breaking a three-session winning streak, while the Nasdaq did a little better
(+0.3%) and the Dow did a little worse (-0.3%).
Today after the close the following companies are scheduled to report: CRY, CZR, ERII, FMI, HRTG, MYRG, NNBR, RSO, ZAGG, EYES, NSTG, RST, FNV, CLDX, VSLR, BKCC, BREW, COLL, HDSN, MEET, WRD, WTTR, WUBA, THO, CMTL, OKTA, COST, REVG.
Futures are lower after hours: S&P 500 futures are -3.50 from the fair value of 2726 and Nasdaq100 futures are -6.75 from fair value of 6930.
Tomorrow morning, economic reports scheduled to be released include: Continuing Claims (08:30am ET, Consensus NA vs. 1931K in the prior week), Initial Claims (08:30am ET, Consensus 220K vs. 210K in the prior week).
Tomorrow before the open the following companies are scheduled to report earnings: DFRG, ERJ, FMSA, BIOS, ETM, INAP, PGNX, OCUL, ORN, AVDL, GHDX, MCRB, RDNT, SPNS, FLY, INSW, TPB, JNCE, IGT, VRS, DESP, SECO, BURL, TECD, SHLD, KR, AEO, JKS, CMD, EYE, FGP, FIZZ, MTN, HOV, SHLO, FCEL.
Looking over at the energy markets, the EIA reported weekly crude oil storage data...
The EIA reported that for the week ending Mar 2nd:
- Crude oil inventories had a of build of 2.4 mln barrels
- Gasoline inventories had a draw of 0.8 mln barrels
- Distillate inventories had a draw of 0.6 mln barrels
Ultimately, Apr WTI crude oil futures settled $1.44 lower at $61.15/barrel. As of this writing here, Apr crude is $0.21 at $61.36/barrel in electronic trade