The S&P 500 futures currently trade five points above fair value.
Just released, total retail sales increased 0.9% month-over-month in May (Briefing.com consensus: 0.5%) following a downwardly revised 0.4% increase (from 0.5%) in April.
Excluding autos, retail sales rose 0.8% month-over-month (Briefing.com consensus: 0.5%) after increasing 0.7% in April.