Futures slightly higher ahead of personal income and spending data Stock index futures are slightly higher about an hour before the day's first economic reports and two hours before the opening bell. Reports on consumer spending and income for October are expected to show that incomes rose 0.2% during the month while personal spending remained flat. However, data may continue to be overshadowed by the ongoing debt-negotiation soap opera, making volatility on the last day of the month possible.
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