Investors played it safe on Thursday as they continued to digest Wednesday's rate-hike announcement and some potentially concerning reports from Washington. The S&P 500 (-0.2%) and the Dow (-0.1%) settled a step below their unchanged marks while the Nasdaq (-0.5%) underperformed, extending its week-to-date loss to 0.7%. For comparison, the benchmark index is flat for the week.
Today after the close the following companies are scheduled to report earnings: FNSR.
Futures are modestly higher after hours: S&P 500 futures are +2.50 from the fair value of 2,430 and Nasdaq100 futures are 2.88 from fair value of 5,709.
Tomorrow morning, economic reports scheduled to be released include: May Housing Starts (08:30 ET; Briefing.com consensus 1227K), May Building Permits (08:30 ET; Briefing.com consensus 1250K), & June Mich Sentiment – Prelim (10:00 ET; Briefing.com consensus 97.0).
Tomorrow before the open the following companies are scheduled to report earnings: none of note.
Finisar (FNSR) is down 2.5% in extended trading after the company reported in-line fiscal fourth quarter results, but offered light first quarter projections.