SPY Futures Drift in Narrow Ranges as EquipmentShare.com, XOMA Royalty Set to Report Wednesday 2 weeks ago Futures drift in narrow ranges ahead of a light earnings calendar, with EquipmentShare.com and XOMA Royalty reporting Thursday morning. S&P 500 Gains as Risk-On Rotation Sends Energy Up 1.84%, Utilities Down 1.68% 1 month ago S&P 500 gains 0.52% as energy surges 1.84% and tech adds 1.34%, while utilities tumble 1.68% in risk-on rotation.