The S&P 500
finished Wednesday with a slim gain of 0.1%, buoyed by financial shares, which
rallied amid another rise in interest rates. The blue-chip Dow Jones Industrial
Average outperformed, adding 0.6%, but the tech-heavy Nasdaq lagged, closing
lower by 0.1%. The small-cap Russell 2000 fell 0.5%.
Today after the close the following companies were scheduled to report earnings: RHT, MLHR.
Futures are higher after hours: S&P 500 futures are +1.75 from its fair value of 2,914 and Nasdaq-100 futures are +6.00 from fair value of 7,522.
Tomorrow morning, economic reports scheduled to be released include: Initial Claims (08:30am ET, consensus 209K), Continuing Claims (08:30am ET, consensus NA), Philadelphia Fed (08:30am ET, consensus 15.3).
Tomorrow before the open the following companies are scheduled to report earnings: THO, DRI.
In the energy market:
Oil prices moved a bit lower following the release of the weekly EIA petroleum data, but recovered and settled higher on the day.
EIA petroleum data for the week ended Sept 14:
- Crude oil inventories had a draw of 2.1 million barrels
- Gasoline Inventories has a draw of 1.7 million barrels
- Distillate Inventories has a build of 0.8 million barrels
Oct. WTI crude oil setted $1.20 higher at $71.07/barrel.