Stock Market Update

The S&P 500 futures are down 21 points and are trading 0.3% below fair value, the Nasdaq 100 futures are down 82 points and are trading 0.3% below fair value, and the Dow Jones Industrial Average futures are down 135 points and are trading 0.3% below fair value.

Retail inventories rose 0.3% in the advance report for November following a 0.2% increase in October (revised from 0.1%). Wholesale inventories decreased 0.2% in the advance report for November following a 0.1% increase in October (revised from 0.2%).

International Trade in Goods decreased to -$102.9 billion in the advance report for November from -$99.1 billion in October.