The S&P 500 futures currently trade 30 points above fair value.
Just released, total retail sales jumped 1.7% month-over-month in March (Briefing.com consensus: 1.3%) following an upwardly revised 0.7% increase (from 0.6%) in February.
Excluding autos, retail sales rose 1.9% (Briefing.com consensus: 0.9%) after an upwardly revised 0.7% increase (from 0.5%) in February.