Pre-opening Comments for Friday June 7th U.S. equity index futures were higher this morning. S&P 500 futures were down 17 points at 8:35 AM EDT S&P 500 futures dropped 19 points following release of the May U.S. employment report at 8:30 AM EDT. May Non-farm Payrolls were expected to increase 186,000 versus a downwardly revised […]

Pre-opening Comments for Thursday June 6th U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:35 AM EDT. European Central Bank updated its Overnight Lending Rate for major banks at 8:15 AM EDT Consensus was a reduction from 4.50% to 4.25%. Actual was a reduction to 4.25%. April […]

Pre-opening Comments for Wednesday June 5th U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:30 AM EDT Canadian investors are focusing on the Bank of Canada’s economic statement at 9:45 AM EDT. Consensus calls for no change in the Bank’s lending rate for major Canadian banks. Hewlett […]

Pre-opening Comments for Tuesday June 4th U.S. equity index futures were lower this morning. S&P 500 futures were down 19 points at 8:30 AM EDT. WTI crude oil dropped another $1.30 to US$72.92 per barrel following OPEC + decision to phase out price cuts beginning in October. India iShares plunged $3.42 to $51.38 after early […]

Pre-opening Comments for Monday June 3rd U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:30 AM EDT. Nvidia advanced $26.05 to $1,122.00 after announcing launch of new AI chips Advanced Micro Devices rose $1.99 to $169.00 after announcing launch of new AI chips. Edwards Lifesciences gained $2.08 […]