CBOE Volatility Index VIX of 14.07 at low end of six-year range
Futures improve ahead of open Stock futures improved ahead of the open following the release of the durable goods orders report. The data showed that durable goods orders increased 3.3% overall versus the expected increase of 1.5%. Excluding transportation items, orders rose 1.3% versus an expected increase of 0.5%.
Trading expected to be slow ahead of holiday weekend U.S. equity futures are trading slightly lower in early trading. The market began yesterday’s session deep in negative territory but closed just slightly in the red. Investors will be watching the durable goods orders report which is due out at 8:30 am. Analysts are expecting the data to show an increase of 1.5%. The day’s activity is expected to be slow ahead of the long holiday weekend.