After the close…
We have TXN -1.0%, AMGN -0.6% following earnings.
Market participants had another fickle response to the latest round of earnings. That left the S&P 500 to trade listlessly in a narrow range nearthe neutral line. Despite that, the tech-rich Nasdaq staged a strong gain, as did small-cap and mid-cap stocks. After the close AMGN and TXN were the most notable names that reported after the close.
Following earnings, AMGN (-0.6%) and TXN (-1.0%) are trading slightly lower in after hours.
Futures are mixed after hours: S&P 500 futures are +3.37 from fair value of 11112.63 and Nasdaq100 futures -1.65 points from fair value of 2111.15.
Seven of the ten sectors were in positive territory, led by Energy (+0.7%), Tech (+0.6%), and Consumer Discretionary (+0.5%). Utilities (-0.6%), Materials (-0.6%), and Telecom (-0.3%) ended the session lower.
Tomorrow morning before the open, one economic report is scheduled to be released: Case-Shiller 20-city Index (Consensus 2.1%).
Tomorrow before the open of the many companies scheduled to report, some of the bigger names include: AKS, MT, BIIB, BMY, CPLA, COH, CMI, DD, MHP, MYL, PCAR, RF, AMTD, X, UA, VLO, WTNY, and WYN.