March S&P 500 E-Mini futures (ESH24) are trending down -0.07% this morning as investors braced for a flurry of U.S. economic data, with a particular focus on the Federal Reserve’s preferred inflation metric.
In Thursday’s trading session, Wall Street’s major indexes ended higher. Micron Technology Inc (MU) soared over +8% and was the top percentage gainer on the benchmark S&P 500 after the memory producer posted upbeat Q1 results and issued above-consensus Q2 guidance. Also, Carnival Corporation (CCL) climbed more than +6% after the world’s largest cruise line operator reported a narrower-than-anticipated Q4 adjusted loss per share. In addition, CarMax Inc (KMX) gained over +5% after the used automobile retailer reported better-than-expected Q3 EPS and disclosed that it had resumed its share buyback program. On the bearish side, Paychex Inc (PAYX) plunged about -7% after the payroll and human resources solutions provider posted weaker-than-expected Q2 revenue.
