Index Futures Net Changes and Settlements:
Foreign Markets, Fair Value and Volume:
- In Asia 10 out of 11 markets closed higher: Shanghai Comp +0.41%, Hang Seng +0.42%, Nikkei -0.09%
- In Europe 11 out of 13 markets are trading higher: CAC +0.78%, DAX +0.53%, FTSE +0.03%
- Fair Value: S&P -0.61, NASDAQ +7.18, Dow -32.61
- Total Volume: 1.57mil ESH & 471 SPH traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes Jobless Claims 8:30 AM ET, PMI Composite FLASH 9:45 AM ET, Leading Indicators 10:00 AM ET, EIA Natural Gas Report 10:30 AM ET, Kansas City Fed Manufacturing Index 11:00 AM ET, EIA Petroleum Status Report 11:00 AM ET, Fed Balance Sheet and Money Supply 4:30 PM ET.
S&P 500 Futures: Up, Down And All Around
After bouncing back during the globex session, the S&P 500 futures opened yesterday’s cash session at 2646.25, and made an early low on the open at 2645.00. From there, early buy programs came in pushing the futures up to 2653.75 for the first hour high, and then pulled back down to 2612.50, before bouncing back up to 2628.00 to close out the morning.
The afternoon saw a continuation of the rally, as the ES pushed up to 2640.00 in the final hour, and closed the day at 2638.50, up +6.50 handles.
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