{+++}Stocks logged their first loss in five sessions as weakness among bank stocks imbued broader market trade and the dollar pared its loss. Data was of little consequence this session. After the close GOOG, AMD and CBST were the most notable names that reported after the close. GOOG beat and the stock exploded about 49 points 10% in after market trading. Wow!
Futures are higher after hours: S&P 500 futures are +5.3 from fair value of 1170.00 and Nasdaq100 futures +16.82 points from fair value of 2052.18.
Seven of the sectors were in negative territory, led by financials (-1.8%), materials (-0.9%) and industrials (-0.4%), while telecom (+0.3%) and tech (+0.1%) was in positive territory.
Tomorrow morning before the open, three economic reports are scheduled to be released: 1) CPI (Consensus 0.2%) and Core CPI (Consensus 0.1%), 2) Retail Sales (Consensus 0.4%) and Core PPI (Consensus 0.1%) and 3) Trade Balance (Consensus -$44.5B).
Tomorrow before the open look for the following companies to report: FHN, GCI, GE, GPC, INFY, KNL, MAT, and WBS.
Here are some set ups:
