major averages finished Thursday on a mostly lower note, with the S&P 500
shedding 0.1% to end a four-session winning streak. The Nasdaq and the Russell
2000 retreated from all-time highs, finishing lower by 0.7% and 0.5%,
respectively, while the Dow outperformed, adding 0.4%.
Today after the close the following companies were scheduled to report earnings: COO, PAY, SFIX, AVGO, ZUMZ, HOME, AGX, DOCU, CBLK.
Futures are lower after hours: S&P 500 futures are -0.75 from its fair value of 2,773 and Nasdaq100 futures are -18 from fair value of 7,179.
Tomorrow morning, economic reports scheduled to be released include: Nothing.
Tomorrow before the open the following: None.
Moving to the energy space, the EIA released its weekly natural gas data for the week ended June 1...
Natural gas inventory showed a build of 92 bcf vs a build of 96 bcf in the prior week:
- Working gas in storage was 1,817 Bcf as of Friday, June 1, 2018, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 799 Bcf less than last year at this time and 512 Bcf below the five-year average of 2,329 Bcf. At 1,817 Bcf, total working gas is within the five-year historical range. July natural gas settled the day +$0.04 at $2.93/MMBtu