Pre-opening Comments for Wednesday July 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 50 points at 8:30 AM EDT. The Bank of Canada updates its monetary policy at 9:45 AM EDT. A press conference is offered at 10:30 AM EDT. Consensus calls for a 0.25% cut in its rate […]

Pre-opening Comments for Tuesday July 23rd 2024 U.S. equity index futures lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT. Nucor dropped $1.63 to $161.71 after lowering its third quarter earnings outlook. Cleveland Cliffs added $0.19 to $15.40 after reporting better than consensus second quarter results. Zion Bancorp gained $1.79 […]

Pre-opening Comments for Monday July 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 37 points at 8:30 AM EDT. CrowdStrike dropped another $12.73 to $292.23 after Guggenheim downgraded the stock from Buy to Neutral. Air Canada is expected to open lower after the company trimmed its full year guidance. […]

Pre-opening Comments for Friday July 19th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT. Microsoft dropped $5.97 to $434.40 and Crowdstrike fell $34.75 to $308.20 after a failed systems update by Crowdstrike caused a global outage of Microsystem’s IT services. Netflix added $2.96 to $646.00 after […]

Pre-opening Comments for Thursday July 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM EDT. S&P 500 futures added 2 points following release of the July Philly Fed Index at 8:30 AM EDT. Consensus was an increase to 2.7 from 1.3 in June. Actual was […]