The Day Ahead And After The Close News For March 16

March 16, 2016

In After Hours Trading

IPOs on deck this week Spring Bank Pharmaceuticals. Secondaries on deck CONE NUAN NXPI SENH.In After Hours Trading: ORCL +.02.

Lower Guidance: FOGO.

What's Happening This Morning

U.S. futures: S&P -7, Dow Jones -40, NDX -11 and Russell 2000 -4.80 with fair value higher hurting gains. Asia and Europe mixed.Copper, silver and gold higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury yield at 1.96% yield +3, one month change +19 and -11 one year change. Prices as of 7:50 a.m. EDT.

Top Sectors None of note.

Weak Sectors Healthcare, Basic Materials and Financials.

One month winners Conglomerates, Basic Materials , Industrials, Services and Financials.

Three Month Winners Utilities.

Six Month Winners Utilities, Technology, Industrial Goods and Consumer Services.

One Year Winners Utilities.

Year To Date Utilities, Conglomerates.

Earnings Expected

Earnings due after the close (by avg. trade volume): FDX CTRP SLW WSM QUNR JBL GES HMIN MLHR JMEI.Due Thursday morning (by avg. trade volume descending): LEN MIK IGT VNCE.

Rags & Mags: Inside Wall Street

Bloomberg: Fed Day and some economists expect a rate change. Trump and Clinton assert themselves in yesterday's primaries. OPEC and non-OPEC set April 17th as meeting date in Doha on production caps.

Reported Earnings This Morning

Reported Earnings This Morning (Best to Worst absolute beats/misses [+.02 or greater/-.02 or worse]): RTK -.40.Lower Guidance: none of note.

Current Morning missing: ATU ARCO CMCM.