Futures drop following economic report Stock futures declined following the release of the Import Price Index report. The Import Prices Index showed that prices rose 0.5% during the month of October, versus the consensus estimate of no change. The next economic reports are due out after the market opens. The University of Michigan Consumer Confidence reading is slated to be released at 9:55 am ET and the Wholesale Inventories report is due out at 10:00 am ET.
U.S. NY Fed "Empire State" Index Preview U.S. NY Fed "Empire State" Index Preview: The May Empire State Index is expected to rebound to 4.0 (median 4.0) after dropping to -1.2 in April. The April release included a decline in the forward looking new orders component to -6.0 from -2.4 which could pose downside risk to the release.
On The Fly: Morning Wrap-Up for May 15 Globex S&P futures are recently up 4.25 from previous day’s SPX cash close. Nikkei 225 up 0.83%, DAX up 0.45%. WTI Crude oil is recently at $59.54, natural gas down 0.13%, gold at $1216 an ounce, copper down 0.74%.
May front month equity options last day to trade is May 15, 2015