Stock Market Update

The S&P 500 futures are up five points and are trading 0.1% above fair value, the Nasdaq 100 futures are up 32 points and are trading 0.2% above fair value, and the Dow Jones Industrial Average futures are up 43 points and are trading 0.1% above fair value.

Housing starts totaled 1.356 million in August (Briefing.com consensus 1.320 million) following a total of 1.237 million in July (revised from 1.238 million). Building permits totaled 1.475 million in August (Briefing.com consensus 1.415 million) following a total of 1.406 million in July (revised from 1.396 million).