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The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) tracks monthly change in job openings and offers rates on hiring and quits. The JOLTS report is expected to show a 6.700 million total in June, little changed from May’s record 6.698 million.
The second-quarter earnings season is underway and the first big name has published results. PepsiCo (PEP) reported second-quarter earnings of $1.61 per share, 9 cents above estimates. Revenue came in at $16.09 billion. That figure is higher than the $16.04 billion expected on Wall Street
Overnight, the MSCI Asia Pacific Index slipped 0.1 percent, while Japan’s Topix index closed 0.3 percent higher as the yen weakened 0.3 percent. China’s Shanghai Composite Index climbed 0.4 percent. In Europe, the Stoxx 600 Index added 0.2 percent as of 5:40 a.m., and the euro retreated.
The major averages have been higher for six of the past seven sessions.
S&P 500 Overview: Quiet melt-up continues Volatility low as money shifts between sectors.Defeated at 2800, what can bears do now?At current pace, "golden cross" in seven sessions.Lyft, Uber, Pinterest IPOs will likely draw Main Street attention to stock...
S&P 500 Overview: Upward momentum appears intact Index bounces at 200-day MA after pulling back from 2800.Fear indexes like VIX, gold and yen refusing to rally.Watch for breakout from tight range, possibly on Brexit clarity. Economy Refuses to Quit January retail...
S&P 500 Overview: Will 2800 Prove Resistance? Key level from last October, November, December.Index is furthest from 50-day MA greatest since 1/26/18.Good news of China calm priced in -- for now.Need signal before looking to get short.Likely better to focus on...