The S&P 500 futures currently trade 70 points below fair value.
Just released, Initial jobless claims for the week ending October 17 decreased by 6,000 to 194,000 (Briefing.com consensus: 200,000), from the upwardly revised previous level of 200,000 (from 199,000).
Continuing jobless claims for the week ending October 10 increased by 25,000 to 1.728 million, from the downwardly revised prior level of 1.703 million (from 1.710 million).