The S&P 500 futures currently trade four points above fair value.
The ADP Nonfarm Employment change for July increased 104,000 (Briefing.com consensus 78,000) with the prior month's reading revised to -23,000 (from -33,000).
The Q2 GDP was up 3.0% in the advance reading (Briefing.com consensus 2.5%), from a prior reading of -0.5%.
The Q2 GDP Deflator was up 2.0% in the advance reading (Briefing.com consensus 2.6%) from a prior level of 3.8%.