Futures remain higher ahead of the open Stock futures remain higher, with the Nasdaq leading the way. Meanwhile, the government reported that there were 329K initial weekly jobless claims, versus the expected 315K. Continuing claims came in at 2.68M versus the expected 2.74M. Durable goods orders rose 2.6% in March overall versus the expected increase of 2.0%, while the core reading which removes transportation items was up 2.0% versus the expected increase of 0.6%.
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.