After the close…
We have AA up +3.0% and MU down -1.3% following earnings results.
Today’s trong same-store sales results and in-line weekly jobless claims count were offset by the dollar’s recovery. The stock market then booked another flat finish ahead of the always-pivotal nonfarm payrolls report.
After the close AA, ANGO, DRWI, MU and NUHC were the most notable names that reporting earnings.
Futures are higher after hours: S&P 500 futures are +2.33 from fair value of 1154.17 and Nasdaq100 futures +4.36 points from fair value of 2009.39.
Six of the sectors were in negative territory, led by telecom (-1.2%), materials (-0.9%) and consumer staples (-0.5%).
Tomorrow morning before the open, two economic reports are scheduled to be released: 1) nonfarm payrolls (Consensus 0K) and Nonfarm private payrolls (Consensus 74K) and 2) Unemployment rate (Consensus 9.7%), Hourly earnings (0.2%) and Average workweek (Consensus 34.2).
Also we have no companies currently scheduled to report earnings tomorrow morning.
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