The Dow Jones Industrial Average (INDEXDJX:DJI) is eyeing a slow start this morning. With little in the way of domestic economic data for investors to digest, cautious statements over the global growth forecast from International Monetary Fund (IMF) chief Christine Lagarde could have the blue-chip barometer testing its newfound perch atop the 17K mark. At last check, futures on the 30-stock index were sitting around 43 points below breakeven, while the broader S&P 500 Index (SPX) was flirting with a 5-point drop.
Futures on the Dow Jones Industrial Average (INDEXDJX:.DJI) are more than 43 points below fair value.
The Chicago Board Options Exchange (CBOE) saw 814,918 call contracts traded on Thursday, compared to 401,851 put contracts. The resultant single-session put/call ratio fell to 0.49, while the 21-day moving average remained at 0.51.
Currencies and Commodities
Earnings and Economic Data
The economic calendar is light today, with Gallup's report on consumer spending due out ahead of the bell. There are no notable earnings reports scheduled for release.
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