Futures remain higher following job cuts data Stock futures are higher following the release of the Challenger job cuts report. The data showed that job cuts were down 5.9% versus the same period a year ago. The positive data follows yesterday’s better than expected ADP employment change report and comes ahead of tomorrow’s monthly nonfarm payrolls report. Investors will now be anticipating the release of the jobless claims data that is scheduled to be unveiled at 8:30 am ET.
Vanguard REIT ETF volatility at upper end of three-year range Vanguard REIT ETF overall option implied volatility of 18 compares to its 26-week average of 15 according to Track Data, suggesting large near term price movement.
SPDR S&P Oil and Gas Exploration and Production ETF volatility flat SPDR S&P Oil and Gas Exploration and Production ETF overall option implied volatility of 39 compares to its 26-week average of 38 according to Track Data, suggesting non-directional price movement as WIT oil is at a six-year low.