equities overcame early weakness on Tuesday to push the major indices higher
for the third session in a row. The Nasdaq Composite climbed 0.5%, the S&P
500 rose 0.3%, and the Dow Jones Industrial Average added 0.2%, settling near
their session highs. The three indices held losses of around 0.7% apiece at the
opening bell, but slowly began moving back towards their flat lines, hitting
positive territory in the early afternoon.
Today after the close the following companies are scheduled to report: BXMT, CNO, SCI, ACTG, BIDU, BIVV, CMP, KMPR, NPO, OHI, FSP, REXR, RPAI, TEX, VOYA, AMGP, AR, DENN, FRT, HUBS, MET, NBIX, OXY, QUOT, AGII, CARB, CCS, ECOM, TRUP, WU, XPER, EFC, FANG, IPCC, CALX, DCP, DEI, DVA, FOSL, IOSP, KRNT, MXL, SKT, CSOD, IOTS, RM, TWLO, TLND, LXFT.
Futures are modestly higher after hours: S&P 500 futures are +1.00 from the fair value of 2662 and Nasdaq100 futures are +2.75 from fair value of 6556.
Tomorrow morning, economic reports scheduled to be released include: MBA Mortgage Applications Index (07:00am ET, Consensus NA vs 0.7% prior), CPI (08:30am ET, Consensus 0.4% vs 0.1% prior), Core CPI (08:30am ET, Consensus 0.2% vs 0.3% prior), Retail sales (08:30am ET, Consensus 0.2% vs prior 0.4%), Retail sales ex-auto (08:30am ET, Consensus 0.4% vs 0.4% prior).
Tomorrow before the open the following companies are scheduled to report earnings: IPG, DPS, FLIR, HLT, LAD, TECK, WYN, ALKS, NWHM, IQV, LECO, SHPG, ACCO, SUM, BG, CIGI, GEO, SABR, AGIO, CRTO, DNOW, FUN, GRPN, ICPT, OMI, ORBK, SODA, AER, CIM, MZOR, ICL, WIX, TCX, CYRN, STNG, PLAB.
Looking at the energy markets:
- Crude oil prices slippes modestly lower after the American Petroleum Institute (API) released its weekly oil storage data, which showed a build in oil and in gasoline, both of which were a larger-then-expected build
- March WTI crude oil is now -$0.38 at $58.91/barrel, $0.28 below today's settlement price