The S&P 500 futures currently trade 47 points below fair value.
Initial jobless claims for the week ending August 15 decreased by 6,000 to 206,000 (Briefing.com consensus: 206,000) from an upwardly revised prior level of 212,000 (from 209,000).
Continuing jobless claims for the week ending August 8 increased by 18,000 to 1.799 million from an upwardly revised prior level of 1.781 million (from 1.777 million).
The Philadelphia Fed Index expanded to 47.4% in August (Briefing.com consensus 25.0), up from the prior level of 41.4.