EmailThe major market averages recovered from some early selling pressure to trade with gains of roughly 1% for most of the day, but the stock market's failure to extend its gains in the face of resistance provided participants with an excuse to exit their positions, causing stocks to roll over into the close.
After the close, ADBE, ALOG, CPRT and ORCL are the most notable names scheduled to report earnings results.
Futures are higher after hours: S&P 500 futures are +2.21 from fair value of 1195.89 and Nasdaq100 futures are +7.12 from fair value of 2290.88.
Tomorrow morning before the open, one economic report is scheduled to be released: MBA Mortgage Index (Consensus NA).
Tomorrow before the open look for the following companies to report: GIS, and IHS.
