Today 8:27 AM ET (Briefing.com)
S&P futures vs fair value: -1.60. Nasdaq futures vs fair value:
-1.80. U.S. equity futures remain under modest pressure even though
most quarterly reports received since yesterday's closing bell have been
better than expected. On that note, AT&T (T 35.60, -0.69), Boeing
(BA 131.10, +3.55), Delta Air Lines (DAL 36.58, +1.63), Gilead Sciences
(GILD 75.69, +2.83), and Yum! Brands (YUM 79.99, +2.51) all reported
above-consensus earnings, but their reports have not stirred up
market-wide buying interest. Conversely, with index futures on the defensive, Treasuries are showing some modest strength. The benchmark 10-yr yield is currently lower by nearly two basis points at 2.70%.
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