The stock market ended its day broadly lower as weaker-than-expected earnings and guidance weighed on retail names and the broader consumer discretionary sector (-2.0%). Other focal points of today's action included an upswing in oil, weakness in the dollar, a broken support (2074/76) level in the S&P 500 (-1.0%), and the underperformance of the heavily-weighted health care (-1.3%) and financial (-1.1%) sectors. The Dow Jones Industrial Average (-1.2%) finished behind the benchmark index (-1.0%) and the Nasdaq Composite (-1.0%).
Today after the close the following companies were scheduled to report earnings: CA, CTRE, EGO, EVAR, EVOK, EVTC, EXAR, GNRT, HTHT, JACK, JMEI, MIDD, NP, NTES, PMTS, RPD, SINA, SSRI, STAA, WB
Futures are lower after hours: S&P 500 futures are -1.25 from fair value of 2,060 and Nasdaq100 futures are -2.38 from fair value of 4,355.
Tomorrow morning before the open, economic reports scheduled to be released include: 1) Initial Claims (Consensus 270K) 2) Continuing Claims (Consensus N/A) 3) Import Prices ex-Oil (Consensus N/A) 4) Export Price ex-Ag (Consensus N/A)
Tomorrow before the open the following companies are scheduled to report earnings: ACAT, AER, ARG, CRME, CSTM, HIMX, HSGX, KSS, MDLY, NAO, NMM, PAAS, PBH, PRGO, PRTY, RL, RVLT, TCK, VSTO