8:07AM: S&P futures vs fair value: -2.8. Nasdaq futures vs fair value: -2.0. Futures market pointing to a moderately lower open for the cash market... Reports of an unflagged ship, originating in North Korea and carrying 12 Scud missiles, with the ultimate destination of the weapons unknown, in addition to comments out of Intel's (INTC) Chairman suggesting it may be too early to forecast a rebound in the semiconductor sector, have curbed enthusiasm in futures trading...