Futures lower as holiday week begins
2018-11-19 07:27:49
Stock futures are trading below fair value to kick off the holiday shortened week. The week is setting up to be a quiet one as the market will be closed on Thursday and have a short session on Friday. With Wednesday a get-away day, most of the week's action should take place today and tomorrow. There will be little help from the economic calendar, as the lone report scheduled for release is the NAHB housing market index to be released at 10:00 am ET. In early pre-market trading, Dow futures are 50 points below fair value, Nasdaq futures are 13 points below fair value and S&P futures…
Stock futures are trading below fair value to kick off the holiday shortened week. The week is setting up to be a quiet one as the market will be closed on Thursday and have a short session on Friday. With Wednesday a get-away day, most of the week's action should take place today and tomorrow. There will be little help from the economic calendar, as the lone report scheduled for release is the NAHB housing market index to be released at 10:00 am ET. In early pre-market trading, Dow futures are 50 points below fair value, Nasdaq futures are 13 points below fair value and S&P futures are 6 points below fair value.