7:30 AM CT
Initial Claims for 1/18
Prior 326K Forecast 328K
Continuing Claims for 1/11
Prior 3030K Forecast 2900K
8:00 AM CT
FHFA Housing Price Index for Nov Prior 0.5%
Overnight the Asian markets were down based in large part on a poor manufacturing PMI number out of China . The European markets are also trading lower. Today before the open traders are looking at the latest claims and housing price index data. Probably not a lot to add much volatility to the market. We'll be seeing earnings from Starbucks ($SBUX), Microsoft ($MSFT), McDonalds ($MCD) and Intuitive Surgical ($ISRG). Trade strong.
Yesterday was another uninspiring day in the equities. The S&P settled up only +.20 at 1838.60, the Nasdaq ended up 0.4% and the Dow Jones Industrial Average retreated only -0.3%. On an up note WTI did settle near a three week high at 96.73 up +1.76.