equities stumbled on Thursday, breaking a five-session winning streak for the
Dow Jones Industrial Average, which finished with a loss of 0.5%. The S&P
500 and the Nasdaq Composite declined as well, losing 0.4% apiece, but the
small-cap Russell 2000 managed to advance, adding 0.6%.
Earnings season is here. It
will be quite busy next week, especially on Wednesday and Thursday.
Today after the close the following companies were scheduled to report earnings: CTAS, ISRG, ASB, BDN, EGP, ETFC, EXPO, FFBC, FFIN, LLNW, PBCT, SKX, WAL, COF, NWE, SEIC, MSFT, SRPT, SWKS.
Futures are mixed after hours: S&P 500 futures are -0.50 from its fair value of 2,806 and Nasdaq100 futures are +2.50 from fair value of 7,366.
Tomorrow morning, economic reports scheduled to be released include: None.
Tomorrow before the open the following companies are scheduled to report earnings: IBKC, NVR, RF, STI, BHGE, CFG, CLF, GE, GNTX, HON, KSU, SLB, STT, SWK, SXT.
Looking over at the energy space, natural gas futures settled higher today following the weekly EIA storage data.
Following is today's EIA data released this morning: Natural gas inventory showed a build of 46 bcf for the week ending July 13 vs. a build of 51 bcf in the prior week.
- Working gas in storage was 2,249 Bcf as of Friday, July 13, 2018, according to EIA estimates. This represents a net increase of 46 Bcf from the previous week. Stocks were 710 Bcf less than last year at this time and 535 Bcf below the five-year average of 2,784 Bcf. At 2,249 Bcf, total working gas is within the five-year historical range
Aug natural gas futures settled the day $0.05 higher at $2.77/MMBtu.