Wall Street regained Tuesday losses on Wednesday, and a
little extra, as investors walked back their bearish reaction to Italy's
ongoing political crisis. The S&P 500 and the Dow advanced 1.3% apiece,
while the Nasdaq finished with a gain of 0.9%. Smaller companies outperformed,
pushing the small-cap Russell 2000 higher by 1.5%.
Today after the close the following companies were scheduled to report earnings: MDXG, AMSC, UHAL, MMYT, BOX, KEYS, DSGX, TLYS, SMTC, GES, QADA, PVH.
Futures are flat/higher after hours: S&P 500 futures are unchanged from its fair value of 2,723 and Nasdaq100 futures are +5.0 from fair value of 6,979.
Tomorrow morning, economic reports scheduled to be released include: Personal Income (08:30am ET, Consensus 0.3%), Personal Spending (08:30am ET, Consensus 0.3%), PCE Prices (08:30am ET, Consensus 0.2%), PCE Prices - Core (08:30am ET, Consensus 0.1%), Initial Claims (08:30am ET, Consensus 227K), Continuing Claims (08:30am ET, Consensus NA),
Tomorrow before the open the following: YTRA, FRO, HMLP, SFL, CIEN, DCI, DLTR, TECD, AEO, BURL, CMD, EXPR, SHLD, DG, JILL, KIRK, PERY, TITN.
Energy data reminder:
The API petroleum data for the week ended May 25 was released after the close today:
- The API reported a build of 1.001 million barrels of crude oil, for the week ending May 25, vs. a draw of -1.334 million last week
- Gasoline showed a draw of -1.682 million barrels and distillates showed a build of 1.466 million barrels
- Cushing draw of -0.132 million