Stock Market Update

The S&P 500 futures are up six points and are trading 0.1% above fair value, the Nasdaq 100 futures are down 18 points and are trading 0.1% above fair value, and the Dow Jones Industrial Average futures are up 51 points and are trading 0.1% above fair value.

Durable goods orders jumped 9.9% in July (Briefing.com consensus 4.0%) following a 6.9% decrease in June (revised from -6.6%). Excluding transportation, durable goods orders decreased 0.2% in July (Briefing.com consensus 0.1%) following a 0.1% increase in June (revised from 0.5%).