EmailThe major market averages saw a sharp reversal, squandering early gains and closing flat to lower as uneasiness over the debt ceiling debate in Washington continues to weigh on equities. The Nasdaq turned an earlier gain of 1.2% into a flat close while the Dow and S&P saw modest gains turn into losses.
After the close, CPSI, CHINA ,MCRL, MXIM, SYNA, INSU, SBCF, VECO, DDIC, VSI, CDNS, CMP, CYH, DDR, DNB, EXR, FFBC, GERN, INSP, IPCM, NTRI, PCTI, SBUX, AACC, ABAX, ACOM, AMCC, ARBA, BIN, BMRN, CELL, CERN, COLM, CPT, CSTR, CTCT, CW, DECK, DRIV, EEP, EMN, EPIQ, EXPE, FII, GDOT, GFIG, GPRO, IM, INAP, ITMN, KEG, KLAC, LEG, MMI, MSCC, MTX, MXL, MXWL, N, NANO, NOAH, NR, NTGR, O, OCLR, QLIK, RGC, RSG, SIMO, SPF, SPSC, SSD, STMP, SURW, SWN, TNAV, TRLG, TSRA, TSYS, UACL, VPRT, VRSN, VSEA, WOOF, WRE, ZOLL, CHK, EXM, NETL, OMCL, GNW, JAZZ, MCK, NBIX, RSYS, VRTX, DOLE, ISTA, MET, MRT, MTD, NLY, NXPI ,PRAA ,CDXS,GSIT, OFIX, PROJ, PWER, QLGC, RNWK, WMGI, RADS, CRAY, TGI, STEC, IXYS, RLD, ALSK, ECHO are the most notable names scheduled to report earnings results.
Futures are lower after hours: S&P 500 futures are -1.68 from fair value of 1296.92 and Nasdaq100 futures -4.99 from fair value of 2368.21.
Tomorrow morning before the open, two economic reports is scheduled to be released: GDP- Adv (Consensus 1.7%) and GDP Deflator (Consensus 2.0%) and 2) Employment Cost Index (Consensus 0.5%).
Tomorrow before the open look for the following companies to report: AMGN, AEP, NEM, ACI, NS, USAP, HP, KBW, MTH, PFS, WY, AGP, AIV, ALE, AON, AXL, B, CPN, CVH, CVX, HMSY, ITT, KVHI, LPNT, MGLN, MRK, NWL, PPC, RUTH, AB, MOG.A, CFX, TEN, TYPE, EGO, ELT, KDN, and LPX.
