The S&P 500 futures currently trade 18 points above fair value.
Initial jobless claims for the week ending July 4 declined by 2,000 to 215,000 (Briefing.com consensus: 220,000) from an upwardly revised previous level of 217,000 (from 215,000).
Continuing jobless claims for the week ending June 27 increased by 8,000 to 1.814 million from a downwardly revised previous level of 1.806 million (from 1.814 million).