Technology shares rebounded on Thursday, leading a broad
rally on Wall Street, as investors kicked off the extended Easter weekend on a
positive note. The tech-heavy Nasdaq Composite jumped 1.6% to 7063.44, the
S&P 500 climbed 1.4% to 2640.87, and the Dow Jones Industrial Average
advanced 1.1% to 24103.11. The three major indices finished Thursday with
weekly gains between 1.0% and 2.4%, but finished March with monthly losses
between 2.7% and 3.7%.
Don't forget that markets in the U.S. are Europe will be closed tomorrow for Good Friday. European markets are also closed on Monday for Easter Monday.
Today after the close the following companies are scheduled to report: SNX.
Futures are lower after hours: S&P 500 futures are -6.25 from the fair value of 2642 and Nasdaq100 futures are -27.75 from fair value of 6595.
Tomorrow morning, economic reports scheduled to be released include: None.
Tomorrow before the open the following companies are scheduled to report earnings: CALM.
Looking over at energy...
The EIA reported that for the week ending Mar 23th:
- Natural gas inventory showed a draw of 63 bcf vs a draw of 86 bcf in the prior week. Working gas in storage was 1,383 Bcf as of Friday, March 23, 2018, according to EIA estimates. This represents a net decrease of 63 Bcf from the previous week. Stocks were 672 Bcf less than last year at this time and 346 Bcf below the five-year average of 1,729 Bcf. At 1,383 Bcf, total working gas is within the five-year historical range.