EmailTrade on Tuesday was quite volatile. The S&P 500 quickly tumbled in excess of 2%, but retraced the downturn into midday. The struggle to extend the move into anything more than an incremental gain invited renewed selling in the afternoon, but a late rally helped the market close with a gain of more than 2%.
After the close, YUM, RECN, GPN, LNDC are the most notable names scheduled to report earnings results.
Futures are lower after hours: S&P 500 futures are -3.58 from fair value of 1118.28 and asdaq100 futures are -7.61 from fair value of 2124.31.
Tomorrow morning before the open, three economic reports are scheduled to be release: MBA Mortgage Index (Consensus NA), Challenger Job Cuts (Consensus NA), ADP Employment Change (Consensus 45K).
Tomorrow before the open look for the following companies to report: AYI, COST, MON, and RPM.
