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Market Commentary

Lack of catalyst leaves futures flat


Stock futures are flat after a quiet overnight session both at home and abroad. Investors continue to be wary of the tax reform situation, but the earnings reporting will begin to pick up again with a number of major retailers getting ready to report quarterly results. Investors will also have a couple of economic data points to watch including the PPI report and weekly inventory data for oil out after the close today. In early pre-market trading, Dow futures are 3 points above fair value, Nasdaq futures are 1 point below fair value and S&P futures are 3 points below fair value.

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