February Durable Goods Orders were up 0.9% (Briefing.com consensus -1.0%) and February Durable Goods Orders, excluding transportation, were up 0.7% (Briefing.com consensus 0.1%).
The initial response in equities was muted. The S&P 500 futures are down one point and are trading in line with fair value, the Nasdaq 100 futures are down 22 points and are trading 0.1% below fair value, and the Dow Jones Industrial Average futures are up 34 points and are trading 0.1% above fair value.