The S&P 500 (+0.1%)
and the Nasdaq (-0.1%) ended Thursday's session little changed, keeping their
weekly losses intact. The Dow, meanwhile, rallied 0.7% to end a two-session
losing streak and trim its weekly decline to 1.0%. The S&P 500 also ended a
two-session skid on Thursday, while the Nasdaq extended its losing streak to
Today after the close the following companies are scheduled to report: RMAX, UFPI, ADC, PEB, ZIXI, OII, BCOV, BJRI, BMRN, CENX, CVA, FIX, FSLR, INT, ITGR, LJPC, LUK, TVTY, VSAR, EIX, EXAS, KBR, MDCA, SENS, ADSW, JRVR, ACIA, ADMS, AGO, AMH, APPN, CORT, EBS, ERI, FNGN, GSBD, HLF, HTGC, IMMR, KW, LNT, MAIN, MELI, MVIS, OEC, OLED, PBA, SJI, UEIC, WING, APLE, GDDY, NVRO, RRGB, RWT, TAHO, BEAT, PLNT, SSRM, WK, ENV, NOG, TRTN, AL, CBPX, DDS, EFX, RDFN, TTD, ZOES, INTU, HPE, HPQ, NDSN, XCRA.
Futures are higher after hours: S&P 500 futures are +10.75 from the fair value of 2703 and Nasdaq100 futures are +29.0 from fair value of 6767.
Tomorrow morning, economic reports scheduled to be released include: None. Tomorrow before the open the following companies are scheduled to report earnings: DFRG, ETR, HUN, VNTR, COG, LPNT, ARII, TWI, HMSY, NWN, CNK, PBPB, PNW, SNR, WPC, ASIX, PNK, RHP, TDS, USM, RY.
Looking at the energy space:
Oil prices rose higher today, following the weekly EIA crude oil storage data:
- The EIA reports that for the week ending Feb 16th:
- Crude oil inventories had a draw of 1.6 mln barrels
- Gasoline inventories had a build of 0.3 mln barrels
- Distillate inventories had a draw of 2.4 mln barrels
- U.S. production also dropped a little and U.S. exports rose notably
- Mar crude oil settled $1.15 today at $62.74/barrel
Just before that, the weekly natural gas data came out:
- Natural gas inventory showed a draw of 124 bcf vs a draw of 194 bcf in the prior week
- Working gas in storage was 1,760 Bcf as of Friday, February 16, 2018, according to EIA estimates. This represents a net decrease of 124 Bcf from the previous week. Stocks were 609 Bcf less than last year at this time and 412 Bcf below the five-year average of 2,172 Bcf. At 1,760 Bcf, total working gas is within the five-year historical range
- Mar natural gas settled the day $0.02 higher at $2.68/MMBtu