The S&P 500 futures currently trade nine points below fair value.
Just released, the advance reading for the July goods trade balance came in at -$101.5 billion, up from the prior reading of -$105.8 billion.
The advance reading for June retail inventories was flat, from a prior increase of 0.6%.
June advance Wholesale Inventories increased 0.3%, from a prior increase of 0.3%.