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Market Commentary

Futures suggest bounce as Dow members deliver with earnings

07:32

Stock futures are suggesting a modest rebound from yesterday's selloff helped by solid earnings from Dow components IBM (IBM) and United Technologies (UTX). Earnings will continue today with more of the nation's bellwether companies scheduled to report. The domestic economic calendar is quiet with just the HFA house index and the Richmond Fed survey scheduled for release. In early pre-market trading, Dow futures are 183 points above fair value, Nasdaq futures are 33 points above fair value and S&P futures are 12 points above fair value.

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