This data is not going to get traders excited… just not much there. At the moment, S&P futures are up 2 points, trading 1,366, while DJIA futures are higher by 19 to 12,763. Crude oil is flat on the session, while Natural Gas gained slightly, but is holding below $2. In terms of Natural Gas, the weekly inventory reports come out this morning at 10:30 a.m. ET. Until producers start to shudder production, prices could fall further.
Currency markets are not much changed overnight either, with EUR/USD holding in a range between 1.31 and 1.3150. USD/JPY is trading just below 81 figure.
More News and Numbers:
– Ahead of its earnings report, Google (GOOG) is indicated 0.6% higher
– AT&T (T) was upgraded to overweight at JPMorgan, sending shares of the telecomm 1.2% higher
– McKesson Corp (MCK) won a contract valued at $31.6 billion from the Department of Veteran’s Affairs. Shares are 4% higher