The S&P 500 futures currently trade 20 points above fair value.
Just released, initial jobless claims for the week ending February 7 decreased by 5,000 to 227,000 (Briefing.com consensus: 230,000). The prior level was upwardly revised to 232K from 231K.
Continuing jobless claims for the week ending January 31 increased by 21,000 to 1.862 million, from a downwardly revised 1.841 million (from 1.844 million).