The U.S. major indices finished mixed on Thursday, as
ongoing uncertainty surrounding global issues kept many buyers on the sidelines.
The S&P 500 finished flat, the Nasdaq Composite lost 0.4%, and the Dow
Jones Industrial Average gained 0.3%.
The following companies were scheduled to report earnings this afternoon: CIVI, ADBE, COST.
Futures are lower after hours: S&P 500 futures are -9.88 vs. fair value of 2,655 and Nasdaq-100 futures are -49.50 vs. fair value of 6,796.
Tomorrow morning, economic reports scheduled to be released include: Retail Sales (Consensus 0.2% vs. 0.8% in the prior month), Retail Sales ex-auto (Consensus 0.3% vs. 0.7% in the prior month), Industrial Production (Consensus 0.3% vs. 0.1% in the prior month), Capacity Utilization (Consensus 78.6% vs. 78.4% in the prior month).
The following companies are scheduled to report earnings tomorrow morning: None.
Looking at the energy market today, the EIA released its weekly natural gas storage data, causing natural gas futures to lose steam.
Natural gas inventory showed a draw of 77 bcf vs a draw of 63 bcf in the prior week:
- Working gas in storage was 2,914 Bcf as of Friday, December 7, 2018, according to EIA estimates. This represents a net decrease of 77 Bcf from the previous week. Stocks were 722 Bcf less than last year at this time and 723 Bcf below the five-year average of 3,637 Bcf. At 2,914 Bcf, total working gas is below the five-year historical range.