Stock Market Update

The S&P 500 futures are up 20 points and are trading 0.4% above fair value, the Nasdaq 100 futures are up 116 points and are trading 0.4% above fair value, and the Dow Jones Industrial Average futures are up 122 points and are trading 0.3% above fair value.

Retail sales increased 0.1% in August (Briefing.com consensus -0.2%) following a revised 1.1% increase in July (from 1.0%). Retail sales, excluding autos, rose 0.1% in August (Briefing.com consensus 0.2%) following a 0.4% increase in July.