【zt:briefing.com】S P futures vs fair value: -1.10. Nasdaq futures vs fair value: -7.30. (股市)
The stock market is on track for a slightly lower open as futures on the S P 500 trade one point below fair value.
Once again, index futures have stuck to narrow ranges during overnight action, notching their pre-market lows within the past two hours. Fed Chair Janet Yellen appeared before the Senate Banking Committee yesterday and she will continue her congressional testimony with an appearance in front of the House Financial Services Committee today.
On the corporate front, Hewlett-Packard (HPQ 36.00, -2.49) is on track to open lower by 6.5% after reporting a one-cent beat on a 4.7% year-over-year decline in revenue and issuing below-consensus guidance. On the flip side, Lowe's (LOW 75.80, +1.15) trades up 1.5% in reaction to better than expected earnings and upbeat guidance.
Treasuries are little changed with the 10-yr yield at 1.98%. The New Home Sales report for January (Briefing.com consensus 471K) will be released at 10:00 ET.
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- 【zt:briefing.com】S P futures vs fair value: -1.10. Nasdaq futures vs fair value: -7.30. - super(学霸), 2015-02-25 10:20 (#19225) (股市)
- EIA Petroleum Inventory Data: The EIA reports that for the week ending Feb 20: Crude oil inventories had a build of 8.427 mln (consensus called for a build of about 4.2 mln) USO - super(学霸), 2015-02-25 17:46 (#19279)