A.M. Update

S&P futures are up +0.5% in some follow through to Friday’s gains. Keep an eye on the benchmark S&P-500’s $3900 level near the close, this is a key level. Retailers Macy’s (M -4.6%) and lululemon athletica (LULU -10.10%) are noticeably weak this morning. The former reiterated Q4 EPS guidance, but said it believes the consumer will continue…