After Hours Report: S&P 500 futures +3 vs. fair value; Nasdaq futures +14 vs. fair value.
The S&P 500 declined 0.7% on Monday, led lower by technology stocks. Lingering concerns about Chinese retaliation against U.S. tech companies following U.S. scrutiny of Huawei Technologies dampened general buying interest. The Dow Jones Industrial Average lost 0.3%, and the Russell 2000 lost 0.7%. The Nasdaq Composite underperformed with a loss of 1.5%.
NDSN -3% after missing Q2 estimates after the bell.
Earnings out tomorrow morning include: AZO DAVA DY EV HD JCP KSS MNRO SFL TJX.
April Existing Home sales will be released tomorrow morning at 10:00 (Briefing.com Consensus 5.35 mln, up from 5.21 mln in March).