The S&P 500 futures currently trade 32 points above fair value as the market looks to rebound from weakness in tech names during the back half of last week. Friday's pullback saw the DJIA retreat from an earlier record high, while the S&P 500 retreated from a record closing level on Thursday.
Just released, the December Empire State Manufacturing Index registered at -3.9 (Briefing.com consensus 10.6) from a prior reading of 18.7.