September Market Multiple Table Update

What’s in Today’s Report:

• Market Multiple Table Update – What’s Changed Since August?

Futures are slightly higher while overseas equity markets were mixed overnight amid quiet newswires as the global bond rally stalls and investor focus turns to inflation data due later in the week.

Economically, the NFIB Small Business Optimism Index rose to 100.8 vs. (E) 100.5 in August.

There are no additional economic reports in the U.S. today, and no Fed officials are scheduled to speak.

The Treasury will hold a 6-Week Bill auction at 11:30 a.m. ET and a 3-Yr Note auction at 1:00 p.m. ET, and both have the potential to impact fixed income markets which could reverberate through equity markets (the stronger the demand, the better).

Finally some late season earnings to watch include: SAIL ($0.04), ORCL ($1.15), GME ($0.19), SNPS ($2.76), AVAV ($0.34), however, with the PPI and CPI reports due out tomorrow and Thursday, respectively, markets will more than likely remain quiet today.