It was an erratic day of trading on Wall Street, with tech
shares being the primary source of volatility. The tech-heavy Nasdaq Composite
jumped 1.1% at the start of Tuesday's session, touching a new intraday record,
but gave it all back, settling a tick below its flat line. The S&P 500 and
the Dow also reversed course intraday, but managed to tack on 0.5% and 0.8%,
respectively, nonetheless. Small caps struggled, pushing the Russell 2000 lower
Today after the close the following companies were scheduled to report earnings: AMP, CNI, CSGP, NTB, SLM, BXMT, CB, CHFC, EEFT, EQR, FCF, FMBI, HA, HIW, IPHI, IRBT, MANH, MKSI, NAVI, PSB, RHI, SPN, STL, TER, TRMK, TSS, TXN, UCBI, UMBF, USNA, WRB, BHE, T, KN, NBHC, SYK, IEX, AKR, CMRE, RNR, WCN, IPAR.
Futures are lower after hours: S&P 500 futures are -2.00 from its fair value of 2,821 and Nasdaq100 futures are -5.25 from fair value of 7,417.
Tomorrow morning, economic reports scheduled to be released include: MBA Mortgage Applications Index (07:00am ET, Consensus NA).
Tomorrow before the open the following companies are scheduled to report earnings: LW, PNR, WM, PII, TNC, ANTM, BABY, CHKP, EVR, FCX, GLW, HBAN, IART, KO, NEE, R, SC, SCL, SIX, TEL, TMO, UMC, WSO, AOS, APH, AVX, BA, BCO, BOKF, BSX, DTE, FLIR, GD, HES, HLT, IR, LAD, LH, MHO, MKTX, NDAQ, NOC, NSC, NYCB, OC, PB, RES, ROK, ROL, SIRI, SLAB, SLGN, STM, TROW, TRVG, TUP, USG, AEP, FCAU, UPS, FBP, DAN, GRUB, HCA, IMAX, WIX, KEM.
In energy markets:
Oil prices are trading higher in after hours trade following today's weekly API storage data:
- API petroleum data for the week ended July 20 API reports a crude oil draw of -3.16 million
- Cushing has a draw of -808K bbl
- Gasoline has a draw of -4.87 bbl
- Distillates have a draw of -1.32 million bbl