Equities Close
Equities finished the day mixed with Dow futures up 0.5% to 11406, S&P futures gaining 0.4% to 1274 and Nasdaq futures down 0.2% to 1915.
S&P futures had a roller coaster day but finished positive with one final rally at the end of the day. It challenged support at the 21-day moving average of 1275, but ended up closing just under it.
The S&P500 was led by the 3.6% jump in Energy stocks. Financial stocks were marginally lower despite Freddie plunging 22% and Fannie plunging 27%.
At 8:30am, Initial Jobless Claims are released, with a reading of 440k expected. July Leading Economic Indicators follows at 10am, and is expected to be down 0.2%. Also at 10, the Philly Fed Index comes out, with a consensus estimate of -12.6. At 10:35am, Natural Gas Storage data is released.