major averages finished the midweek session on a lower note despite an upbeat
quarterly earnings report from Apple (AAPL 176.57, +7.47) and a status quo
directive from the Federal Open Market Committee. The S&P 500 and the Dow
lost 0.7% apiece, while the tech-heavy Nasdaq declined 0.4%. Small caps
advanced though, sending the Russell 2000 higher by 0.3%.
Today after the close, companies to report earnings results, or have already report, include: LOGI, FNF, AFG, APU, CACI, CMPR, EZPW, HI, LNC, MAA, MUR, QGEN, QRVO, THG, TTEK, UGI, DATA, KMT, PACB, RTEC, SIGI, S, CRUS, MAC, ACLS, ATO, BZH, CERN, CUB, MDU, PXD, AEL, AHL, AOSL, CSGS, ESS, FORM, MFC, NXPI, OSUR, PRU, RGLD, RYN, TSLA, TTMI, VVV, XPO, ZNGA, AIG, ENSG, FEYE, HIVE, HOLX, RSG, FMC, FRT, MET, NPO, ARI, CF, CXW, EQIX, H, HCC, ICLR, IRTC, LPI, MRO, NLY, NSIT, OMF, QTWO, VNDA, WCN, WMB, AUY, MRC, PGRE, KHC, TSE, AWK, LHO, NGVT, AAC, ANIK, ANSS, BAND, BLUE, CAR, CECO, CLI, CLR, CONE, CW, DOOR, ELGX, GMED, GXP, HBM, HST, INN, LOPE, LSI, MANT, MTDR, NE, SWM, TGB, TUSK, TYL, WPX, ADSW, APA, GIL, KW, LNT, TAHO, WK, ZIXI, EXEL, FIT, FRAC, LNTH, NSA, PDCE, CPE, DXCM, ESRX, FOXF, ICFI, LADR, MASI, RSPP, SQ, CCRN, HABT, HGV, HIIQ, HK, LHCG, SGMS, SRI, WTI, AEGN, RYI, CRY, CZR, FMI, MYRG, GHDX, DDD, SFS, SPOT.
Futures are lower after hours: S&P 500 futures are -8.50 vs. fair value of 2634 and Nasdaq 100 futures are -17.25 vs. fair value of 6646.
In economic data, tomorrow morning: Productivity-Prel (08:30am ET, Consensus 0.8% vs. 0.0% in the prior quarter), Unit Labor Costs - Prelim (08:30am ET, Consensus 3.0% vs. 2.5% in the quarter), Trade Balance (08:30am ET, Consensus -$49.8B vs. -$57.6B in the prior month), Initial Claims (08:30am ET, Consensus 220K vs. 209K in the prior week), Continuing Claims (08:30am ET, Consensus NA vs. 1837K in the prior week).
Tomorrow before the open, look for the following companies to report: ADNT, CNX, CNXM, NTCT, CI, DWDP, MDP, MTOR, ABMD, APO, INGR, MDC, MMP, MSCI, MSGN, BSIG, RACE, RFP, TDY, YRCW, BDX, CHD, ARW, BLL, CEIX, CFX, BERY, EPC, GGP, ICE, BCE, CAH, CBM, KKR, MLCO, MPW, NYT, REGN, SBH, SEE, TEVA, WWE, PCG, APRN, AYR, HCP, TOWR, AER, CIM, ARES, AVP, GPN, HII, HPP, PBF, THS, VMC, SMP, TVPT, WLK, WLKP, APLP, LDOS, OA, WEX, AAWW, AROC, CCOI, CJ, EEX, HMHC, IDA, LKSD, LXRX, OGE, PWR, RMP, SAGE, SFM, STOR, TFX, TPX, UNT, WIN, ERF, FMS, GOV, STAR, AAON, AMAG, KOP, PAH, RLGY, SHLX, VAC, XHR, CNQ, IBP, KND, NEWM, PCRX, CNSL, COT, CPG, FND, GTT, HZN, NSM, ORBC, PF, SPAR, ZEUS, GOLF, INXN, FMSA, INAP, PBFX.
Looking at the energy market....
The EIA petroleum data was released for the week ended April 27 earlier this morning:
- Crude oil inventories had a build of 6.2 mln barrels
- Gasoline Inventories has a build of 1.2 mln barrels
- Distillate Inventories had a draw of 3.9 mln barrels