The stock market opened the week with its second-consecutive decline as the top-weighted technology sector (-0.8%) weighed on the broader market. However, as a consolation prize, both the tech sector and the S&P 500 (-0.1%) finished near their best marks of the day. The tech-heavy Nasdaq (-0.5%) underperformed while the Dow (-0.5%) settled just a step behind the benchmark index.
Today after the close the following companies are scheduled to report earnings: CVCO, DDC, & SAIC.
Futures are mostly flat after hours: S&P 500 futures are unchanged from the fair value of 2,427 and Nasdaq100 futures are +1.12 from fair value of 5,716.
Tomorrow morning, economic reports scheduled to be released include: May PPI (08:30 ET; Briefing.com consensus: 0.0%) & May Core PPI (08:30 ET; Briefing.com consensus 0.2%)
Tomorrow before the open the following companies are scheduled to report earnings: JW.A.
Amid a quiet after-hours session, Science Applications (SAIC) is down 10% after reporting mixed first quarter results, while GenMark Diagnostics (GNMK) is down 3.5% after unveiling a $65 mln underwritten public offering of common stock.