Stock Market Update

The S&P 500 futures currently trade 29 points below fair value.

Just released, Durable goods orders decreased 1.4% month-over-month in February (Briefing.com consensus 0.5%) after a downwardly revised 0.5% decrease (from 0.0%) in January.

Excluding transportation, durable goods orders rose 0.8% month-over-month (Briefing.com consensus 0.5%) after increasing a revised 0.3% (from 0.4%) in January.