The S&P 500 futures currently trade five points below fair value.
Durable goods orders were down 2.8% month-over-month in July (Briefing.com consensus -3.5%) after a 9.3% decrease in June.
Excluding transportation, durable goods orders were up 1.1% month-over-month in July (Briefing.com consensus +0.1%) after an upwardly revised 0.3% increase in June (from 0.2%).